1)what is the role of performance appraisal in increasing retention?
Performance appraisal is one of the effective ways to increase retention. This is because it provides the individuals to improve upon their performance by providing them valuable feedback. It also acts as a positive reinforcement to continue working in the same manner. This is the reason why retention can be increased with the help of performance appraisal. The employee also gets to know the important and valuable contributions that he or she is making in the firm and therefore the sense of importance to the firm is also increased. Lack of performance can demotivate the employees and as a result the retention of the employees can decrease in a significant manner.
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