An appraisal assesses an employee's ability to reach annual job goals, both in terms of quantity and quality, and to perform as an effective team member, according to the Society for Human Resource Management. It also reports on the employee's commitment to following company policy.
The employee's supervisor conducts the appraisal. Some companies also include a self-assessment by the employee, states SHRM.
The purpose of a job performance assessment is to guide the worker by praising successes and offering constructive criticism when performance correction is needed. Employee appraisals typically occur on an annual basis, but preparation for a performance appraisal is a year-long effort, explains Forbes. Employees must know and understand what is expected of them. As much as possible, expectations must be specific and measurable, and a good manager involves the employee in developing these performance goals.
An effective manager tracks and documents an employee's achievements and shortcomings throughout the year so as to have concrete examples for the employee when it is time for the annual one-on-one appraisal discussion between the manager and employee, states Forbes. Good performance management also includes additional formal or informal meetings throughout the year between the manager and employee, to provide positive feedback and offer immediate guidance for necessary performance correction.