Method and system for evaluating performance of one or more employees of an organization

An performance evaluating system (107) for evaluating performance of one or more employees (101) of an organization, the performance evaluating system (107) comprising:

• a processor (109);
• and
• a memory (113) communicatively coupled to the processor (109), wherein the memory (113) stores the processor-executable instructions, which, on execution, causes the processor (109) to:
• provide a review matrix corresponding to one of plurality of review contexts assigned to one or more recommenders (103) on corresponding end user devices (105);
• receive a feedback in the review matrix for each of the one or more employees (101) from the one or more recommenders (103), wherein the feedback comprises a recommender's review score and review comments;
• generate a system review score for each of the one or more employees (101) by analysing the review comments;
• compute a compound review score for each of the one or more employees (101) for each of the plurality of review contexts using the recommender's review score and the system review score;
• compute a cumulative evaluation score for each of the one or more employees (101) using the compound review score generated for each of the plurality of review contexts, predefined organizational weights and historical evaluation score of each of the one or more employees (101);
• and
• analyse the cumulative evaluation score of each of the one or more employees (101) to evaluate performance of each of the one or more employees (101).

A non-transitory computer readable medium including instructions stored thereon that when processed by at least one processor (109) causes an performance evaluating system (107) to perform operations comprising:

• providing a review matrix corresponding to one of plurality of review contexts assigned to one or more recommenders (103) on corresponding end user devices (105);
• receiving a feedback in the review matrix for each of the one or more employees (101) from the one or more recommenders (103), wherein the feedback comprises a recommender's review score and review comments;
• generating a system review score for each of the one or more employees (101) by analysing the review comments;
• computing a compound review score for each of the one or more employees (101) for each of the plurality of review contexts using the recommender's review score and the system review score;
• computing a cumulative evaluation score for each of the one or more employees (101) using the compound review score generated for each of the plurality of review contexts, predefined organizational weights and historical evaluation score of each of the one or more employees (101);
• and
• analysing the cumulative evaluation score of each of the one or more employees (101) to evaluate performance of each of the one or more employees (101).