How Important is an Employee Performance Evaluation Form?
Employee performance evaluation is a tool used by the human resources department of companies and establishments to determine if their employees are performing their duties and responsibilities as expected. Most companies also use this tool to reward employees who perform according to and above the standards. The employee performance evaluation form is a component of the evaluation system to ensure the accurate documentation of the evaluation results. When implemented correctly, an employee performance evaluation enables the company to minimize cost on recruitment and selection of employees. It helps them identify high performing employees and keep them in their employ. This is especially beneficial to the part of the company considering the competition that continues to gets stronger. Companies will also be able to create a competitive compensation package for their high performing employees to shield them from competition. The employee performance evaluation system is also seen as an
Related Questions
- What if a new job duty was given to the employee during the year, which was not assigned when the performance review form was initially filled out?
- When and how often must performance feedback be provided to a WMS employee through the formal evaluation process?
- What Can an Employee Performance Evaluation Form Do?
