of Pa
of Pa
The overall objective of taking up a project on Performance appraisal is to study and evaluate the growing importance of human element in organizational sector. With this unprecedented growth, the importance of performance appraisal as a tool for the growth and development of both employee and organization has also tremendously increased. It is now been realized that simply having a good system in place does not make the firm successful. This has therefore given a need for integrating the strategic concerns of firm with its performance monitoring system.
Research methodology:
Primary source: primary data are those data which are collected by fresh and for the first
time and thus happened to be original data. It has been collected through a questionnaire. Questionnaire is prepared by me and distributed to the participants and collected the required material from the employees of an organization. Questions in questionnaire are of closed ended typed and the rating is on 2- point 4- point scale.
Secondary source: secondary data are those data, which are collected from the already
existing information through reference. The secondary data has been collected by analyzing the various materials like company profiles, journals and related websites.
PERFORMANCE APPRAISAL
Introduction:
People differ in their abilities and their aptitudes. There is always some difference between the quality and the quantity of the same work on the same job being done by two different people. Performance appraisal of employees is necessary to understand each employees abilities, competence and relative merit and worth for the organization.
Performance appraisal rates the employees in terms of their performance. Performance appraisals are widely used in the society. The history of performance appraisal can be dated back to the 20th century and then to the Second World War when the merit rating was used for first time and employer evaluation their employee is a very old concept. Performance appraisals are an indispensible part of performance measurement.
Performance appraisal is necessary to measure the performance of employees and the organization to check the progress towards the desired goals and aims. The latest mantra being followed by organization across the world being Get paid according to what you contribute the focus of the organizations is turning to performance management and specifically to individual performances.
Performance appraisal helps to rate the performance of the employees and evaluate their contribution towards the organizational goals. If the process of the performance appraisal is formal and properly structured, it helps employees to clearly understand their roles and responsibilities and give direction to the individual performances. It helps to align the individual performances with the organizational goals and also review their performances. Performance appraisal takes into account the past performances of the employees and purposes on the improvement of the mutual performance of the employees.
Performance is the process of obtaining, analyzing and recording information about the relative worth of an employee. The focus of the performance appraisal is measuring and improving the actual performance of the employee and also the future potential of the employee. It same is to measure what an employee does. It is a powerful tool to calibrate, refine and reward the performance of the employee. It helps to analyze his achievements and evaluate his contribution towards the achievements of the overall organizational goals. By focusing the attention on performance, performance appraisal goes to the heart of the personal management and reflects the management interests in the progress the employees.
According to Flippo, a prominent personality in the field of human resources, performance appraisal is the systematic, periodic and then impartial rating of an employees excellence in the matters pertaining to his present job and his potential for a better job. performance appraisal is a systematic way of receiving and assessing the performance of an employee during a given period of time and planning for his future.