Question

Performance appraisal techiques of indian companies

Answer 1

Assessment Centre Method

The purpose of this method is to test candidates in social situations. It can be used by startups for evaluating employees serving at senior level. This method of evaluation is helpful for assessing managers, who have to deal with their subordinate, peers and supervisors for day-to-day business. It helps employers understand the capacity and the capability of the individual in social settings. It involves using situational exercises like an in-basket exercise, role-playing incident, business game and many other similar exercises. It gives the employer an insight to the personality of the employee like openness, tolerance, introversion/extroversion, acceptability, etc.

Behaviourally Anchored Rating Scale

This is latest a modern appraisal technique, which has been developed recently. It is claimed that the Behaviourally Anchored Rating Scale method is one of the most equitable technique compared to other methods of appraisals. It is a combination of narrative techniques like essay evaluation and quantifiable techniques like rating scale. It is comparatively more expensive than other techniques, but it usually guarantees precision and effectiveness.