| Performance appraisal is one of the
| |
| | perform better by linking it with reward
|
| popular concepts among the multinational
| |
| | packages.
|
| and local companies. The concept has been
| |
| | The concept and its uses can be further
|
| defined by DeVries et al., (1981) as the
| |
| | explained with the help of the example of
|
| process which allows firms to measure and
| |
| | Nokia. Nokia has incorporated
|
| consequently evaluate an employees
| |
| | performance appraisals in its
|
| achievements and behavior over a certain
| |
| | compensation plans for its employees. The
|
| period of time. The basic purpose of
| |
| | company has adopted the philosophy of
|
| using performance appraisal techniques
| |
| | pay-for-performance and therefore
|
| within an organization is to align the
| |
| | measuring and gauging different
|
| employees efforts with the overall
| |
| | performance indicators of each employee
|
| objective of the firm.
| |
| | is essential to the company. Nokia is an
|
| There has been a widespread discussion
| |
| | innovative firm with a global matrix
|
| within the academic circles as to how to
| |
| | structure and a typical line management
|
| define performance (Papers4you.com,
| |
| | configuration at the country level.
|
| 2006). Drawing upon Briscoe & Schuler
| |
| | Therefore the performance appraisal
|
| (2004) performance can be viewed as a
| |
| | system called Investing in People has
|
| combination of several variables, such as
| |
| | been designed as 360 degree feedback and
|
| motivation, ability, working conditions
| |
| | electronic briefing sessions (Pollitt,
|
| and expectations. It has been established
| |
| | 2004), which are perfectly aligned with
|
| that there are certain factors that
| |
| | the structure and overall aim of the
|
| affect employees performance more than
| |
| | company.
|
| others. These factors, according to
| |
| | It can be concluded from the discussion
|
| Dowling et al (1999) include the
| |
| | that valuable organizational objectives
|
| compensation package; the nature of task;
| |
| | are served with the help of performance
|
| support from higher management; the
| |
| | appraisals and organizations should use
|
| working environment and the overall
| |
| | the technique by aligning the performance
|
| corporate culture.
| |
| | parameters with their overall mission and
|
| There are many advantages mentioned in
| |
| | vision.
|
| the literature regarding the use of
| |
| | References:
|
| performance appraisals within an
| |
| | Briscoe, D. & Schuler, R. (2004),
|
| organization (Papers4you.com, 2006). It
| |
| | International Human Resource Management
|
| has been suggested that it improves the
| |
| | 2nd Ed., Routledge
|
| communication between the higher to lower
| |
| | Dowling et al (1999), International Human
|
| level management; identify areas of
| |
| | Resource Management Managing People in a
|
| improvement; show employees training
| |
| | Multinational Context 3rd Ed.,
|
| needs; help in promotion, retention and
| |
| | International Thomson Publishing
|
| termination decisions; and means of
| |
| | DeVries, D.L., Morrison, A.M., Shullman,
|
| managerial control (Fletcher, 1992). In
| |
| | S.L., Gerlach, M.L. (1981), Performance
|
| order to take full advantage of the
| |
| | Appraisal On The Line, Center for
|
| performance appraisals, the goal in
| |
| | Creative Leadership, Greensboro, NC
|
| designing such systems should be
| |
| | Fletcher, C. (1992), Performance
|
| congruent to the overall aim and vision
| |
| | management: its nature and research base,
|
| of the company. For instance, it is
| |
| | in Developing a Performance-oriented
|
| evident that there is a direct
| |
| | Culture (Eds), Association for Management
|
| correlation between the performance of
| |
| | Education and Development
|
| employees and their rewards as businesses
| |
| | Pollitt, D. (2004), Nokia Connects HR
|
| do seek creation of wealth as their
| |
| | Policy with Company Success, Human
|
| primary goal. Therefore one of the
| |
| | Resource Management International Digest,
|
| increasingly adopted uses of performance
| |
| | Vol. 12 No. 6, p30-32
|
| appraisals is to motivate employees to
| |
| | Papers For You (2006) "P/HR/244.
|