Performance Appraisal can be done with following objectives in mind:
>> To maintain records in order to determine compensation packages, wage structure, salaries raises, etc.
>> To identify the strengths and weaknesses of employees to place right men on right job.
>> To maintain and assess the potential present in a person for further growth and development.
>> To provide a feedback to employees regarding their performance and related status.
>> To provide a feedback to employees regarding their performance and related status.
>> It serves as a basis for influencing working habits of the employees.
>> To review and retain the promotional and other training programmes.