What are some top performance appraisal methods for new startups?

There could be multiple approaches toward appraisal methods like, trait based, rating scale, behavioral scale or objective based, There is no specific for new start up. But, yes based on the management approach you could select anyone of them. I would suggest to club the appraisal into groups based on the number of layers/hierarchy of organization n and create multiple form. Do select some of the core competencies  combing soft, supportive and technical skills and then define it thoroughly and state it rating criteria so that appraiser and appraise should have clear picture on how he is being rated.

One thing I would suggest that if overall performance is given out of100% then half or60% of rating should be comprised of key objectives which should be well formulated and shared with all and rest of the rating should comprised of traits of behavioral side in this way we have balanced approach to rate an employee. Of course, we should like other factors also like candidates proceeding years achievements, trainings and potential areas of job or behavior where he/she should work on. It’s a bit lengthy and detail work but end with clear cut process where one should not have doubt over rating methodology.

Dear Fida,

As Mr. Shahzad quoted above there are different methods like the rating scale, traits, objective based, the Hays methodology etc. 

This part of the year is very difficult and i always advice people if the performance appraisal is not done on how its supposed to be or not giving us the correct results, then its just waste of a lot of company resources amounting to the time of the appraiser and employee, the paper works, stationary and resources.

It should be rather a year long process which starts with goal setting and ends with the appraisal.

Goals should be clearly defined right from the office boy till the CEO or even more. the Management sets their goals and vision for the year and then the line managers/directors sets their goals. this then follows by each team together collectively attaining the managements goals for the year which i think lacks in most of the companies in this part of the world.

Based on this an employee can be assessed mid year and end of the year with either a self appraisal or appraiser - employee format.

Every small or large company was .... quality standards and evaluating the performance of 

And are familiar with through a complete study .... or through practice and experience and the need for continued progress 

The difference between each entity ..... accurately access to the strengths and weaknesses ...... careful analysis and develop solutions F. facing developmental defect that was found 

And also from my experience 

Prefers not to take the fixed standards and their application in the fields and regions and elements NES

Best results (realism) is placed by the standards taken for the same the domain, the region and the elements 

After taking the results be processed based on company policy and its strategic plan ..... taking into account the entity's ability to treatment 

God bless

•       Ranking

•       Paired Comparison

•       Forced Distribution        

•       Check List

•       Critical Incident

•       Graphic Rating Scale

•       Essay

•       Field Review

•       Confidential Report

•       Person-to-Person

•       MBO

•       Assessment Centers

•       360 degree Appraisal

Set KRA and KPA

Reviewing Monthly KRA & KPA

Reason for not fullfiling the target goal

Training 

Assesing KRA & KPA Yearly basis

There could be multiple approaches toward appraisal methods like, trait based, rating scale, behavioral scale or objective based, There is no specific for new start up. But, yes based on the management approach you could select anyone of them. I would suggest to club the appraisal into groups based on the number of layers/hierarchy of organization n and create multiple form. Do select some of the core competencies  combing soft, supportive and technical skills and then define it thoroughly and state it rating criteria so that appraiser and appraise should have clear picture on how he is being rated.

Cost Appriasal Method for new building or new project.