Do you belong to the smug breed of employees which believes it is enough to perform well to earn a flattering appraisal? The process is not so simple, given that everything from a pay hike, promotion and growth to training and alignment of goals is linked to appraisal. Typically, the process includes feedback on your performance, an opportunity for you to comment and a reasonable chance to improve on it.
To master the appraisal process, the first step is to learn how companies judge your performance. Ideally, your firm would like to measure how you contribute to organisational goals and use this to reward you and plan for the future.So, it is critical that you are clear about your role and responsibilities at the beginning of the year and understand how they fit in with your employer's goals. If it is not obvious or written down, talk to your manager for clarification. Once you have agreed that the goals are achievable, break them into measureable targets and set a deadline for each.
Apart from output-related goals, there may be other parameters on which you are judged and rated. These could include measurables (attendance, meeting of deadlines, improvement, productivity, quality), skills (communication, knowledge of work), behaviour (ambition, attitude, initiative, integrity, ownership, stress handling), relationships (pitching in, teamwork) or reputation (reliability). To make these work for you, it is important to keep track of your attendance, training, productivity and past appraisals.
You may be rated on individual as well as overall parameters and there could be a number/letter grade to signify your rating. While these may differ from firm to firm, they fall into the following broad categories: 'requires improvement', 'minimally acceptable', 'meets expectations', 'exceeds expectations' and 'outstanding'.
Your appraisal may include financial or non-financial performance indicators. The former covers numbers achieved in terms of costs, sales and profits and is commonly used for senior management or sales-driven roles. The latter is used in most other roles.
Typically, multiple indicators are used simultaneously to get a comprehensive picture of performance. It is necessary that you understand and monitor your performance visa-vis the indicators and established standards.
At regular intervals, you should take stock and figure out the answers to four basic questions-what has happened? Why did it happen? Will it continue? What shall we do about it?
This exercise can be monthly, half yearly or annual and, if your manager is involved, some or all can be in the form of a formal, written appraisal.
At appraisal time, if you have to fill a self-assessment form, it is wise to be truthful without harping on your shortcomings.
It focuses on evaluation and is usually linked to reward outcomes. As it bypasses developmental needs, the staffer should seek such inputs separately.
Electronic monitoring system