Dear [Recipient], Before conducting performance appraisals, you need to have Key Result Areas (KRAs) and Key Performance Indicators (KPIs) for respective positions established.
Performance Appraisal Process
During the performance appraisal, both the behavioral and functional qualities of an employee are assessed. For behavioral qualities, 360-degree feedback may be gathered from the employee's own team, cross-functional teams, and external parties. On the other hand, feedback on functional qualities should come from individuals with whom the employee directly interacts or provides services.
Assessment Methods
Behavioral qualities can be assessed through specific questionnaires, while functional qualities are evaluated based on KRAs and KPIs.
Considerations for 360-Degree Feedback
It is generally recommended that 360-degree performance appraisals should not be conducted in organizations lacking a healthy and transparent work culture, as bias may skew the results. In such cases, a simpler 180-degree assessment of behavioral and functional aspects can suffice for the appraisal.
Purpose of Performance Appraisal
It's crucial to remember that performance appraisal is not solely about collecting feedback for salary or designation increments. It serves as a tool to identify employees' strengths and weaknesses, enabling HR to determine necessary corrective actions for individual growth or team restructuring. This process aids in formulating strategies for future organizational development.
Regards