Friday, January 13, 2017

Appraisal Bonus: Your Aim

Hello Talents

We are in a world where performance management is seen as very important in the Talent management process and is gaining a lot of responses especially with regards to performance bonus or as most organization call it, Appraisal bonus.





There is a tendency to say an employee is disloyal or money-driven when he or she gets excited about appraisal bonus, like there is a shift of what is important. The reality is that excitement should be a natural reaction. I would be suspicious if an employee isn’t excited, maybe he is scared of a not too good appraisal from his line manager?


One thing some employees do not know is that appraisal is actually their right. 


You deserve to work and ask for feedbacks from your managers. I know some managers are so busy that they have no time for constructive appraisals with their subordinates (to be addressed another time), but you should demand this process from your managers. 

How often? You may ask, least frequently, I will say on a quarterly basis. But as often as you can, do ask your manager. Go as far as fixing the meeting period and let he or she know. When they see the result of these activities, they are encouraged to go the extra mile, and even though they do not notice, keep at it.



So back to getting excited about appraisal bonus; You get this because you have worked for 12months and you deserve to be rewarded, so you are not out of place and you should not feel bad to even talk about it around a HR Professional.


‘Why should I aim at the bonus?’, you may ask - 

Appraisal period is not the time to be concerned about your performance as you have developed the habit of doing both a self-appraisal and vertical appraisal i.e. from your boss, during the course of the year.


If you tell me at the nick of time of performance management process that you aren’t concerned about the bonus or that you are fidgety about it, it’s either you are not sincere about earning some extra cool cash or you are just not a serious employee. Like what have you been doing the whole year?!!!

Whoop… Go earn yourself some money


Opeyemi Ogundana is a passionate and not-your-usual HR professional working towards being a global influence. My focus is to be an OD consultant helping organizations and businesses achieve optimum results.

Feel free to follow her on LinkedIn




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