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19 January 2013

Appraisals and Rewards

Time for that year end appraisal(could be over for some) and for the new year's increment, and not forgetting the bonus too.

How have you fare? Have you been adequately compensated and rewarded? Is your organization fair in its rewarding its employees? Do you have an opportunity to present to your superiors your performance for the past year and are you given the chance to bring up issues that have been troubling you or the challenges that you feel are not adequately supported with the right resources.

Appraisal is a process loathed by most people, appraisers as well as the appraisees. This is particularly so as it is almost impossible to be fully objective for a very subjective operation.

How does one then ensure that all that are involved are impartial and shows no favoritism? This will be much easier to adhere to if those in authority are seen to be so.

Managing the human side of an organization is never easy. Leadership in the right vein plays a crucial role here.

My wishes to all of you for a rewarding and fruitful assessment and that you do get what you wish for. If not, chart and document your progress as you work hard and perform better this year and hopefully your remuneration committee is receptive and wise enough. Otherwise, search for greener pastures.

For bosses, quoting Mr. Tan Thiam Hock "never underestimate the power of inspired teamwork".

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