Appraisals have become an essential tool in business management as a means of creating a work environment where people are enabled to perform to the best of their abilities. That includes activities of accessing that goals are consistently achieved in an effective manner.
Performance Appraisal’s main purpose is to reconcile objectives of the individual with organizational goals in order to facilitate productivity and profitability. The Appraisal function in SunFish HR allows managers to track the employees’ performance and provide valuable feedback to the employees. Moreover, it provides them with the tools to develop a deeper understanding of what the employee needs to reach the corporate goals.
Advanced Appraisal in SunFish HR allows the creation of complex performance processes that may include traditional appraisals, objectives/ KPI’s, competency evaluation, corporate and individual targets, task assignment and continuous feedback. Targeted levels for employees can be set based on their job family or job title. This performance data is immediately actionable through integrated planning tools such as training gap analysis, individual development planning, career path planning and succession planning. The entire process is based on a 360° process and may be directly related to pay incentives or salary increases.
Implementation of performance features allows better definition and tracking of objectives, ensuring a higher level of compliance to organizational goals. The integrated performance process ensures all aspects effecting performance are considered in the evaluation. Including follow-up in the evaluation process gives managers and employees assurance that the process is meaningful, providing further improvements to engagement and effectiveness.