What is Appraisal?
Quarterly and annual appraisals are performance evaluations conducted by an employer to assess an employee’s progress and achievements over a specific time period.
Quarterly appraisals are usually held every three months and are focused on short-term goals and objectives. They enable employers to identify any issues or challenges that employees may be experiencing and make adjustments to assist them in meeting their objectives. Quarterly appraisals are frequently used to track progress and provide more frequent feedback.
Annual appraisals, on the other hand, are typically held once a year and focus on a more comprehensive view of an employee’s performance over the course of the year. They typically involve a more thorough assessment of an employee’s skills, accomplishments, strengths, weaknesses, and overall contribution to the company.
Employers can use quarterly and annual appraisals to evaluate employee performance, provide feedback, set goals, and make decisions about promotions, salary increases, and other incentives.
When conducting an appraisal, several important topics and comments should be included in order to provide a comprehensive evaluation of an employee’s performance. Among these are:
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|Goal Setting||Did the employee meet their goals? How effective were they in doing so? Are any adjustments needed for the next appraisal period?|
|Performance Metrics||Review of quantitative data and metrics related to the employee’s performance, such as sales numbers, productivity metrics, customer satisfaction ratings, or project completion rates.|
|Communication Skills||Evaluation of the employee’s communication with colleagues, clients, and other stakeholders. Is their communication clear and effective?|
|Teamwork||Assessment of the employee’s ability to work effectively with others, collaborate, and contribute to a positive team dynamic.|
|Leadership||Evaluation of the employee’s leadership skills, such as their ability to motivate and inspire others, take initiative, and make effective decisions.|
|Professional Development||Discussion of the employee’s progress toward professional development goals. Have they taken steps to acquire new skills? Are they demonstrating a willingness to learn and grow?|
|Areas for Improvement||Constructive feedback on areas where the employee could improve, with suggestions for actionable steps to help them do so.|
|Strengths||Recognition of the employee’s strengths and areas where they have excelled.|
|Recognition and Feedback||Providing recognition for achievements and giving feedback on what the employee is doing well, and what they can improve on.|