How Are Appraisals Handled in Small IT Firms Today? Seeking Advice for Our Team of 25

Dear All,

I am working with an IT Firm and I want to know the latest trends in the IT industry regarding appraisals. Are the appraisals being done annually or half-yearly? Currently, we don't have a proper appraisal policy. Our employee strength is 25.

Could anyone please suggest to me what the latest scenario is and what kind of appraisal system would suit my organization?

Thanks in anticipation. Awaiting your response.

Regards,
Kshama

Hi,

Most IT companies prefer a one-year appraisal period, but small and middle-level companies often opt for a six-month period to retain their employees. Ultimately, you should base your decision on your specific needs rather than simply following common practices.

Regards,
Vijayakumar

Dear Kshama,

In the present scenario of the IT industry, where RETAINING is a big problem, most IT companies are conducting appraisals twice a year. Our company is also in the IT sector with 30 employees. We conduct half-yearly appraisals in a concise format without lengthy formalities, and yearly reviews in detail. Please find attached the appraisal forms for the half-yearly and yearly reviews.

I hope this information is helpful to you. If you have any further queries, please feel free to let me know.

Thanks,
Richa Kumar