What is Peer Appraisal?
‘Peer Appraisal’ is a kind of employee assessment and appraisal, in which the employees would monitor their peers with whom they would interact daily. However, it excludes the employee’s superiors and subordinates.
There are several kinds of peer appraisals in practice. ‘Peer ranking’ is a kind of peer appraisal which makes the employees rank their peers by ranking them in an ascending list. Another practice is to have ‘peer ratings’ in which the staff members rate their peers on a predetermined scale.
The most evident advantage of peer appraisal is that it helps in perceiving the employees better as their peers would know each other as they work together daily.