Performance Appraisal Run
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Table of Contents
1 Introduction 3
2 Objectives 3
3 Organization Profiles 4
3.1 United Overseas Bank Ltd 4
3.2 Club21 Pte Ltd 7
4 Observations And Findings 9
5 Recommendation 11
6 Conclusion 12
7 References 13
8 Appendices 14
Appendix 1: United Overseas Bank Pte Ltd - Performance Appraisal Form………………....... 14
Appendix 2: Club21 Pet Ltd: Performance Appraisal Form…………………………………….20
A Comparative Study of Performance Appraisal Systems of United Overseas Bank Ltd and Club21 Pte Ltd
1. Introduction
Performance Appraisal is the systematic evaluations which focus on employees’ performance and understanding their abilities for further growth and development.
Performance Appraisal is one of the main streams of an Integrated Human Resource System (IHRS). Fig.1. An IHRS shows that the personnel sub-systems are both interdependent and interlinked which also demonstrates the impact in monitoring and appraisal of performance has on each of these sub-systems. A change in any one part will directly cause changes in one or more sub-systems.
2. Objectives
The objective of performance appraisal is to ensure that the people uphold the corporate values and tread in the path of accomplishment of the ultimate corporate vision and mission. It is also a looking process of joint planning and goal setting in the beginning of the year which involves both supervisor and employee.
Objectives of Performance Appraisal (Management Study Guide, 2008): 1. To keep track of records and determine compensation packages, wage structure, salaries raises, etc.
2. To spot both strengths and weaknesses of employees’ to place the right men on the right job.
3. To maintain and assess the potential present in a person for further growth and
Table of Contents
1 Introduction 3
2 Objectives 3
3 Organization Profiles 4
3.1 United Overseas Bank Ltd 4
3.2 Club21 Pte Ltd 7
4 Observations And Findings 9
5 Recommendation 11
6 Conclusion 12
7 References 13
8 Appendices 14
Appendix 1: United Overseas Bank Pte Ltd - Performance Appraisal Form………………....... 14
Appendix 2: Club21 Pet Ltd: Performance Appraisal Form…………………………………….20
A Comparative Study of Performance Appraisal Systems of United Overseas Bank Ltd and Club21 Pte Ltd
1. Introduction
Performance Appraisal is the systematic evaluations which focus on employees’ performance and understanding their abilities for further growth and development.
Performance Appraisal is one of the main streams of an Integrated Human Resource System (IHRS). Fig.1. An IHRS shows that the personnel sub-systems are both interdependent and interlinked which also demonstrates the impact in monitoring and appraisal of performance has on each of these sub-systems. A change in any one part will directly cause changes in one or more sub-systems.
2. Objectives
The objective of performance appraisal is to ensure that the people uphold the corporate values and tread in the path of accomplishment of the ultimate corporate vision and mission. It is also a looking process of joint planning and goal setting in the beginning of the year which involves both supervisor and employee.
Objectives of Performance Appraisal (Management Study Guide, 2008): 1. To keep track of records and determine compensation packages, wage structure, salaries raises, etc.
2. To spot both strengths and weaknesses of employees’ to place the right men on the right job.
3. To maintain and assess the potential present in a person for further growth and
References: Graphic rating scales. (n.d.). HR management. Retrieved June 6, 2012, from http://www.humanresources.hrvinet.com/graphic-rating-scales/ Mr.Yes!