From time to time, organisations find it useful to summarise employee performance. This can be helpful for looking at and comparing performance over time or among various employees. Organisations need to know who their best performers are.
Within the context of formal performance appraisal requirements, rating means evaluating employee or group performance against the elements and standards in an employee’s performance plan and assigning a summary rating of record. The rating of record is assigned according to procedures included in the organisation’s appraisal program. It is based on work performed during an entire appraisal period. The rating of record has a bearing on various other personnel actions, such as granting grade pay increases.
Note: Although team performance may have an impact on an employee’s summary rating, a rating of record is assigned only to an individual, not to a team.