5 Tricks to Set Up Fair and Transparent Appraisal System
Many successful businesses understand the importance of a fair and transparent appraisal system. Not only does it increase employee motivation, but it also provides organizations opportunities to leverage their workers’ strengths and weaknesses.
This blog has compiled some tricks to help organizations set up a fair and transparent performance appraisal system.
#1 The Importance of Key Performance Indicators (KPI)
Key performance indicators (KPI) are different metrics/criteria on which an organization evaluates employee performance. So, always follow a checklist of KPIs when doing appraisals.
It helps employers rate their workers on different aspects of their performance. If an employee isn’t good at one indicator, they can gain in another. Similarly, it helps employees strengthen their weak points after appraisals by looking at their KPI ratings.
#2 Keep the Appraisal Process Confidential
Appraisals are one of the significant motivating factors for employees. Therefore, it’s quite essential to keep the appraisal process confidential. Often, HR employees fail to keep the process private, which hurts the sentiments of workers and affects their productivity negatively.
#3 Follow a 360-degree Appraisal
A 360-degree appraisal is a fair and transparent way of evaluating an employee’s performance. It involves taking feedback on employee performance from an organization’s multiple stakeholders and external people.
They include line managers, subordinates, peers, customers, or third-party partners. It helps organizations receive well-rounded and unbiased feedback on employees’ performances.
#4 Rewards and Recognition
Organizations need to keep their workforce motivated by recognizing their efforts, celebrating their achievements, and providing them with rewards. It’s the reason that most top organizations of the world have made rewards and recognitions a significant part of their performance appraisal system.
#5 Get Post Appraisal Feedback
A fair and transparent appraisal system ensures to include post appraisal feedback. It allows organizations to assess the strengths and weaknesses of their process and incorporate changes in the future.
Furthermore, there may be employees unhappy with the appraisal process. So, this post-appraisal feedback will provide an opportunity to address their reservations and improve their satisfaction.
Invest in an Online Performance Management System
DLI-IT Group’s performance management software can help you set up a fair and transparent appraisal system in the UAE and the Middle East. Our performance management software automates the employee appraisal process, allowing both the assessor and assessee to participate.
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