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BUS 303: Week 4 Assignment1Performance AppraisalsJesse J. WinnBUS 303: Human Resources ManagementDr. Pamela Van Den BusscheNovember 10th, 2019
BUS 303: Performance Appraisals2Performance AppraisalsA performance appraisal is a concept in the field of management, indicating a systematic evaluation of the performance of employees. Its main aim is to understand the abilities of employees for further growth and development. The importance of the concept has arisen due to the nature of the current business environment, marked by the urge to attain organizational goals and also remain relevant in market. In most cases, performance appraisal is through: measuring the pay of workers and comparing with the target plans, analyzing the factors behind work performance of workers, and guiding employee for better performance (Cywinska & Zawadzki, 2018).In most cases, performance appraisals are carried out at the end of the year, and it plays a significant role in promotion, compensation, employees’ development, selection validation, and communication. Therefore, performance appraisal is an essential role in an organization and one of the functions of HR. Aside from performance appraisal, there are other functions of HR and