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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
Home » Glossary » What is Employee Evaluation?
What is Employee Evaluation?  

What is Employee Evaluation?


Employee evaluation is a systematic collection and analysis of information about an employee’s performance for further decision making. Evaluating an employee means conducting an assessment of his/her skills, abilities, knowledge, experience, education and other characteristics that are required for the employee to do his/her job. The purpose of such an assessment is to ensure that the employee can efficiently work in the existing environment with minimized risk of failure as well as without conflicts with colleagues and senior management.

Employee evaluation is a process that can be carried out in the following common steps:

  • Determine performance expectations an employee should fit with.
  • Make a list of measurements to estimate current performance level of the employee.
  • Create a schedule for measuring the employee’s performance.
  • Record performance measurements.
  • Compare the measurements against the expectations.

Employee evaluations can be done in terms of absolute assessment. It means that performance of an employee is measured and then compared with some baseline. There is also another way – by comparing performance appraisal of one employee with performance results of other workers.

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