Benefits of Performance Appraisals include Compliance Protection A performance appraisal system, when properly managed, provides you with a means of measuring, maintaining, and improving your employee’s job performances. Through the job performance appraisal program, your company can: Validate hiring decisions Recognize employees' job performance strengths and weaknesses Identify employees who are ready for promotion or greater responsibilities Assess training needs From a compliance perspective, you should be able to rely on performance appraisals to justify the full range of personnel decisions, including discipline and termination actions. For example, if a performance appraisal reflects poor job performance by the employee and this employee is later terminated, the you can point to the performance appraisal to show the employee was not performing to standards. If, however, an employee with overall weak performance is given a good or even average appraisal, an ...

HR Outsource Companies Need to tie Into Your Accounting System. What to Ask?As a large business executive, do you know why a PEO’s ability to link to your general ledger accounting files may be critical to your success? As a large business executive, you may be considering outsourcing your payroll processes. A savvy Professional Employer Organization has developed specialized ser vices and delivery systems that cater to needs specific to larger companies. A common requirement from large businesses working with Professional Employer Organizations is the ability for the PEO to provide data directly to their general ledger accounting system. This streamlined process increases efficiencies. Large businesses increasingly require that their outsource PEO provide a general ledger interface (GLI) file that is compatible with their existing general ledger software. The accounting responsibilities of large companies are often more complex than those of small to midsize businesses, so the request for a GL ...