Assessment or Appraisal System Employee Management is a system that helps companies ranging from Planning (Plan), Execution (Execute) to Storage (History) Historical data from the implementation of the appraisal itself. Outside of the stages, which is no less important is the report (Report) which is used by the operational HR and HR Management (Analytical)
Before we get into the three stages above, which is required by the system is what kind of appraisal process will be implemented; whether to use the conventional process (Grandpa System), or to use the 360 degree system. Another thing is, this appraisal system will be connected with the Company Objective and down until the Objective Individual or not - depending on the company wants in its implementation
(Planning)
In this stage we must choose what components we evaluate from our employees. Usually that is evaluated is the Competence, Individual Objective and general matters. If we choose to carry out evaluation of competence, so that both systems are systems that have the Integrated Competency Data. Because the data was also used to Competence matters, such as Individual Profile, Training, Career and Succession Planning, etc
After that, we must determine the business process. Is this appraisal will be conducted by managers only, or use the process two directions: the managers and employees, or use the 360 system involving other
(Execute)
In this stage we must determine the type and timing of appraisal. In addition, when a review will be conducted in the middle of the process. Another thing that is important is the approval process that will involve several parties in the company
(History)
A good history (HR) system usually can directly record all appraisal activity that has occurred. So the management can see clearly the appraisal process is still ongoing and also the results obtained from the existing end of the appraisal process. In addition to recording, a good history system is a system that can integrate with Payroll (payroll). Many companies make changes to employee salaries or income from the Appraisal, in addition to other factors such as Length of Service, his position at Grade, Salary Survey and other
Property valuation
Home assessment conducted by a third party (independent dealer) is used as a basis for interested parties. Those who would like to ask the home purchase loans to the Bank or the company, the valuation of the home (appraisal) is very important. Because the offered price the seller is not necessarily depict the actual state of the house, so this became the basis for determining valuation of liquid funds for the purchase of the house.
Approaches and assessment methods used are;
1. Market Data Approach
This approach is considering sales of similar property or replacement and related market data, and generate the estimated value through the comparison process. Typically, the assessed property compared with comparable properties that have occurred both in the bidding phase of the sale of a sales process
Cost Approach
This method is used to determine a property value based on the calculation of all costs required for procurement, construction / replacement property that is identical. The value generated is called reproductive value. From this reproduction costs, adjustments were made in the form of depreciation due to physical damage, functional decline, and economic setbacks
In the assessment report, the description also mentioned the property being assessed. Starting from the location and designation, facilities and environmental conditions, data on land ownership, licensing, and the best and highest use (highest and best use)
Next is the assessment process itself. Consist of property valuation;
Land Valuation
Using market data, conducted justification of property, location factors, factor physical condition, area and form factor of the soil, best and highest use factor, the factor of ownership status, and the time factor. Transaction data on which the value is the value of comparable properties, especially around the nearest location of the property being assessed.
Building Assessment
Building judgment based on building condition involving the number of floors, building a permanent nature or not, construction, foundation, roof, ceiling, walls, partitions, floors, doors, windows and its total area. From the condition of this building, get the value of the building. In addition, there is value to facilities, namely electric power, water and telephone.
Finally, the conclusions of a property valuation is the comparison between the cost of reproduction and the Market Value. Reproduction costs are usually larger than the market value, because it considers the market value of physical depreciation of buildings and auxiliary facilities. For the value of land, between the cost of reproduction and the same market value because the calculation done for the time of the assessment (do not look past)
A complete assessment report is also accompanied by a map of the location, property plots, and copies of land titles. To make an assessment report, an independent appraisal agency takes 2-3 days including original survey data required a complete (IMB, SHM, the United Nations).
If you have excess money, it never hurts to 'idle' assess how much real value of your property. The fee was 'not very' expensive, to Jakarta around 500 thousand to 1 million. Those who want to buy a home by relying on credit, valuation is a kind of 'compulsory' and become the responsibility of prospective buyers. Unless you are borrowing funds from a parent or (candidate) in-laws, then do not bother and dizzy with these kinds of property valuation.
Before we get into the three stages above, which is required by the system is what kind of appraisal process will be implemented; whether to use the conventional process (Grandpa System), or to use the 360 degree system. Another thing is, this appraisal system will be connected with the Company Objective and down until the Objective Individual or not - depending on the company wants in its implementation
(Planning)
In this stage we must choose what components we evaluate from our employees. Usually that is evaluated is the Competence, Individual Objective and general matters. If we choose to carry out evaluation of competence, so that both systems are systems that have the Integrated Competency Data. Because the data was also used to Competence matters, such as Individual Profile, Training, Career and Succession Planning, etc
After that, we must determine the business process. Is this appraisal will be conducted by managers only, or use the process two directions: the managers and employees, or use the 360 system involving other
(Execute)
In this stage we must determine the type and timing of appraisal. In addition, when a review will be conducted in the middle of the process. Another thing that is important is the approval process that will involve several parties in the company
(History)
A good history (HR) system usually can directly record all appraisal activity that has occurred. So the management can see clearly the appraisal process is still ongoing and also the results obtained from the existing end of the appraisal process. In addition to recording, a good history system is a system that can integrate with Payroll (payroll). Many companies make changes to employee salaries or income from the Appraisal, in addition to other factors such as Length of Service, his position at Grade, Salary Survey and other
Property valuation
Home assessment conducted by a third party (independent dealer) is used as a basis for interested parties. Those who would like to ask the home purchase loans to the Bank or the company, the valuation of the home (appraisal) is very important. Because the offered price the seller is not necessarily depict the actual state of the house, so this became the basis for determining valuation of liquid funds for the purchase of the house.
Approaches and assessment methods used are;
1. Market Data Approach
This approach is considering sales of similar property or replacement and related market data, and generate the estimated value through the comparison process. Typically, the assessed property compared with comparable properties that have occurred both in the bidding phase of the sale of a sales process
Cost Approach
This method is used to determine a property value based on the calculation of all costs required for procurement, construction / replacement property that is identical. The value generated is called reproductive value. From this reproduction costs, adjustments were made in the form of depreciation due to physical damage, functional decline, and economic setbacks
In the assessment report, the description also mentioned the property being assessed. Starting from the location and designation, facilities and environmental conditions, data on land ownership, licensing, and the best and highest use (highest and best use)
Next is the assessment process itself. Consist of property valuation;
Land Valuation
Using market data, conducted justification of property, location factors, factor physical condition, area and form factor of the soil, best and highest use factor, the factor of ownership status, and the time factor. Transaction data on which the value is the value of comparable properties, especially around the nearest location of the property being assessed.
Building Assessment
Building judgment based on building condition involving the number of floors, building a permanent nature or not, construction, foundation, roof, ceiling, walls, partitions, floors, doors, windows and its total area. From the condition of this building, get the value of the building. In addition, there is value to facilities, namely electric power, water and telephone.
Finally, the conclusions of a property valuation is the comparison between the cost of reproduction and the Market Value. Reproduction costs are usually larger than the market value, because it considers the market value of physical depreciation of buildings and auxiliary facilities. For the value of land, between the cost of reproduction and the same market value because the calculation done for the time of the assessment (do not look past)
A complete assessment report is also accompanied by a map of the location, property plots, and copies of land titles. To make an assessment report, an independent appraisal agency takes 2-3 days including original survey data required a complete (IMB, SHM, the United Nations).
If you have excess money, it never hurts to 'idle' assess how much real value of your property. The fee was 'not very' expensive, to Jakarta around 500 thousand to 1 million. Those who want to buy a home by relying on credit, valuation is a kind of 'compulsory' and become the responsibility of prospective buyers. Unless you are borrowing funds from a parent or (candidate) in-laws, then do not bother and dizzy with these kinds of property valuation.
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