1. What is Accelerated Appraisal in HR?

An accelerated appraisal is a performance review conducted earlier than the regular cycle. It’s used when organizations need to evaluate an employee’s contributions promptly—often to recognize exceptional performance, support promotions, or address performance issues.

2. Why is Accelerated Appraisal Important?

Accelerated appraisals help companies reward high performers quickly, retain top talent, and respond to changing business needs. They also provide timely feedback, which can boost employee motivation and engagement.

3. Common Reasons for Accelerated Appraisal

• Exceptional project success or leadership.
  
• Critical skill acquisition or certification.
  
• Urgent need to fill leadership roles.
  
• Retention of valuable employees.
  
• Market-driven salary adjustments.
  

4. Example of Accelerated Appraisal in the Workplace

A sales executive achieves exceptional results by exceeding their quarterly sales targets by 150% within the first quarter. Recognizing this outstanding performance, management decides not to wait until the standard annual review cycle. Instead, they conduct an accelerated performance appraisal to acknowledge the employee’s contributions in real time.

5. Benefits of Accelerated Appraisal

• Recognizes and rewards performance swiftly.
  
• Increases employee motivation and loyalty.
  
• Supports rapid organizational growth and change.
  
• Addresses talent gaps efficiently.
  

6. Related HR Terms

• Performance Appraisal
  
• Employee Promotion
  
• Talent Retention
  

7. FAQs About Accelerated Appraisal

Q1. What is an accelerated appraisal?
An early performance review conducted before the usual cycle to assess and reward employee achievements.

Q2. When is an accelerated appraisal conducted?
Typically after exceptional work, skill gains, or organizational changes requiring quick talent decisions.

Q3. Does accelerated appraisal guarantee a promotion?
Not always, but it often leads to salary adjustments or developmental feedback.

Q4. How does it benefit employees?
Provides faster recognition and career growth opportunities.

Q5. Is it common across industries?
More frequent in fast-paced sectors like tech, sales, and startups.