Question

discuss the advantage and disadvantage of One-year Cycle performance appraisal?

Answer 1

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Advanatages:

Documentation — A One-year Cycle performance appraisal offers a performance document for an employee for a given period of time. It is a piece of paper which can be placed in a file for the employee.

Framework — This mechanism provides a structure where a manager can meet with an employee and discuss the results. It triggers the often-needed awkward conversations.

Feedback — Employees are keen to receive feedback and this process allows a manager to provide feedback on their performance to the employee and discuss how well the employee goals have been achieved. This also provides the opportunity to explore the possibilities for employee growth.

Explain Expectations — Workers need to understand what they expect and the One-year Cycle performance appraisal process helps a manager to explain expectations and address concerns with their workers.

Annual Planning — This offers a framework for preparing and organizing the next year and for the creation of employee goals.

Motivation — The mechanism will encourage workers through a productivity raise and as part of a holistic incentive plan to compensate them.

Disadvantages:

Creates Bad Experience — The One-year Cycle performance appraisal will generate a negative experience for both the employee and the manager if not performed correctly. Proper method and technique preparation can be of help with this.

Time Consuming — Performance assessments are very time-consuming and can be overwhelming for managers with a lot of staff. I've met administrators who were responsible for hundreds of workers performing their annual One-year Cycle performance appraisal.

Natural Biases — Human evaluation is subject to natural biases which lead to errors in raters. To remove them from the process, managers need to consider those prejudices.

Waste of Time — If not handled properly, the whole process can be a waste of time. Think of the investment in time when the end result is negative. In all fronts time is lost.

Stressful workplace — One-year Cycle performance appraisal for both workers and supervisors can build stressful work environments. Proper preparation can help to reduce the tension that the process entails.

Finally, performance evaluations are just as successful as the performance management framework within which it works. Organizations that do performance evaluations just for the sake of doing them are wasting time. But companies that integrate performance reviews into an integrated performance management framework.

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