Appraisals showcase a link between your yearly accomplishment, management assessment of your performance and institution success. It highlights your efforts and importance to the institution. Every year a proficient, hardworking employee puts in loads of efforts, creativity, strategic planning, management skills to help an institution grow sacrificing personal time and family needs at many times.
What does an employee expect in return? An acknowledgement, opportunities for promotion, more professional development courses and a good increment with benefits.
What if at the end you receive the same increment as an average person? What if your efforts were taken for granted? What if you were shown no appreciation or even acknowledged? What if you were offered empty promises again?
I have personally seen so many good employees leaving various institutions, not because they desired to but of mere frustration. No one was listening to them. No one wanted to loosen the purse strings. No one wanted to offer alternatives.
Today I once again stand to witness history repeating itself. as appraisals are declared. In fact Dr. Travis Bradberry has clearly mentioned '8 bad mistakes that make good employees leave' and the author has been so precise. Wish managements all over would take cognizance of the same and create measures to retain the good employees.
If you analyse it financially, losing one good employee is equivalent to 6 months training and grooming of a new employee. If you measure time in terms of money then you waste 6 months x salary of your current employee = probably lakh of rupees.
Do you really have that much to waste every year? I ask all managements to review their appraisal policies and let go of ego's and focus on creating structures which reflect constructive growth patterns for all employees showing clear demarcation between average, good and excellent employees.
What does an employee expect in return? An acknowledgement, opportunities for promotion, more professional development courses and a good increment with benefits.
What if at the end you receive the same increment as an average person? What if your efforts were taken for granted? What if you were shown no appreciation or even acknowledged? What if you were offered empty promises again?
I have personally seen so many good employees leaving various institutions, not because they desired to but of mere frustration. No one was listening to them. No one wanted to loosen the purse strings. No one wanted to offer alternatives.
Today I once again stand to witness history repeating itself. as appraisals are declared. In fact Dr. Travis Bradberry has clearly mentioned '8 bad mistakes that make good employees leave' and the author has been so precise. Wish managements all over would take cognizance of the same and create measures to retain the good employees.
If you analyse it financially, losing one good employee is equivalent to 6 months training and grooming of a new employee. If you measure time in terms of money then you waste 6 months x salary of your current employee = probably lakh of rupees.
Do you really have that much to waste every year? I ask all managements to review their appraisal policies and let go of ego's and focus on creating structures which reflect constructive growth patterns for all employees showing clear demarcation between average, good and excellent employees.
