|Potential Appraisal||Performance Appraisal|
|1. It is a future-oriented activity.||It is both past and future-oriented activity.|
|2. In this the employee’s abilities are evaluated to judge if those abilities are worthwhile in future functions and work accountabilities.||The extent up to which an individual has attained the targets or goals set by the organization forms the basis of performance appraisal.|
|3. The activity of appraising potential is associated with competencies.||Performance appraisal activity is associated with key performance areas.|
|4. There are very fewer chances of examining the appraiser in newer roles by the appraisers as there are no past records.||Appraisal has the previous data related to the employee performance for the performance appraisal.|
|5. The time period for appraising potential is uncertain. It is dependent on the manager who performs the potential appraisal.||Performance appraisal is one after a fixed period of time.|
Disclaimer: While we make every effort to update the information, products, and services on our website and related platforms/websites, inadvertent inaccuracies, typographical errors, or delays in updating the information may occur. The material provided on this site and associated web pages is for reference and general information purposes only. In case of any inconsistencies between the information provided on this site and the respective product/service document, the details mentioned in the product/service document shall prevail. Subscribers and users are advised to seek professional advice before acting on the information contained herein. It is recommended that users make an informed decision regarding any product or service after reviewing the relevant product/service document and applicable terms and conditions. If any inconsistencies are observed, please reach out to us.