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When an employee knows that they will be rewarded for their hard work and effort they will continue to work hard and raise the standard for their employer. A hard working employee helps the company run more efficiently and the objectives met in a timely manner. It is important to show employees how they are cared for and their place in the company. A great way to do that is with employee performance appraisals. It is required they be done, however, it is in the best interest of the employee and the employer to hold performance appraisals. While letting the employee know where they stand the employer also can find out
inside information with how the employees feel about the company as well. Using these performance appraisals are good learning tools for the company.
References:Jackson, E. (2010, January 9). Ten Biggest Mistakes Bosses Make In Performance Reviews - Forbes.Information for the World's Business Leaders - Forbes.com.Retrieved from-reviews-are-done-terribly/Youssef, C. (2012).Human resource management.San Diego, CA: Bridgepoint Education.