Hi, Please let me know the Performance Appraisal Cycle in your organization or as per the market survey. Can this be as per company policy, may be Jun-May or Oct-Sep? Please suggest. Thanks
From India
From India
Dear Krish KP,
There is no specific rule that applies across the industries. Performance cycle depends on nature of business and type of activity the person or department is engaged in.
Long ago during the days of personnel management, performance appraisal was done yearly. However, now it is done half yearly or quarterly.
For sales personnel or customer service personnel, the appraisal is done quarterly. However, for those who work on projects of longer duration, quarter is too short cycle.
While appraisal cycle can be half-yearly or quarterly, salary increased could be done yearly. No need to do it half-yearly.
Last but not the least, quarterly or half-yearly or annual cycle time, what you measure is also important. What if some vital measures are escaped from the attention of the management?
I provide consulting services to institute Performance Management System (PMS) in the company. To know more about my services, you may click here.
Thanks,
Dinesh V Divekar
From India, Bangalore
There is no specific rule that applies across the industries. Performance cycle depends on nature of business and type of activity the person or department is engaged in.
Long ago during the days of personnel management, performance appraisal was done yearly. However, now it is done half yearly or quarterly.
For sales personnel or customer service personnel, the appraisal is done quarterly. However, for those who work on projects of longer duration, quarter is too short cycle.
While appraisal cycle can be half-yearly or quarterly, salary increased could be done yearly. No need to do it half-yearly.
Last but not the least, quarterly or half-yearly or annual cycle time, what you measure is also important. What if some vital measures are escaped from the attention of the management?
I provide consulting services to institute Performance Management System (PMS) in the company. To know more about my services, you may click here.
Thanks,
Dinesh V Divekar
From India, Bangalore
Find answers from people who have previously dealt with business and work issues similar to yours - Please Register and Log In to CiteHR and post your query.