Effective Performance Management Strategies

[Dinesh]

Thanks @Chethanbn

This is in alignment with the present situation as well.

In 2020, a contrasting viewpoint on appraisals, and evaluating performance

A performance appraisal is the periodic assessment of an employee’s job performance as measured by the competency expectations set out by the organization. These unprecedented times have put organizations in a difficult situation on how to deal with performance appraisals, its impact on pay raises, retention of top talent and the overall morale of employees. Organisations generally have three options: 1) Retain the differentiation factor but lower increments, if any, for everyone; 2) Increase…