Performance appraisal is a most important component of the
organization and therefore could be advantageous and important for
both the organization and the employees. Importance of Performance
Appraisals to the organization such as performance appraisal is an
elementary feature of the human resources department's contribution
to an organization, effective appraisal may not only dispose of
conduct and work-quality problems but capable of encouraging an
employee to contribute more, company will inquire its employees to
carry out"360-degree feedback" that evaluates peers and
subordinates, provide the employee with an opportunity to be of
greater use to an organization, the employee feels pleased and
valued and lighting the approach in the direction of a successful
career pathway that encourages loyalty and steadiness. As jobs
become more complicated, organizations must be dependent on teams
to accomplish tasks. To evaluate job performance by teams,
organizations introduce team performance appraisals that evaluate
the performance of teamwork on organizational performance. Team
performance appraisals can range from appreciation of individual
performance and its contribution to group to only an assessment of
the organization's performance. When only an organization's
performance is evaluated, no individual appraisals are completed
and individuals do not take delivery of performance ratings.