Complete Askari Bank and Bak Alfalah Report

FEDERAL URDU UNIVERSITY OF ARTS, SCIENCE & TECHNOLOGY
DATE OF SUBMISSION:

12
APRIL
2012
Report Of Performance Appraisal Of Askari Bank And Bank Alfalah
Subject: Performance Appraisal
SUBMITTED TO: Miss Afshan Sehar
GROUP MEMBERS: * SANA RAZZAK BARI ( 25-B) * SYEDA FATIMA NAFEES KAZMI (43-B) * ANUM FIRASAT ( 14- A)
PERFORMANCE APPRAISAL

TABLE OF CONTENT Introduction of Askari Bank | 05 | * Vision | 05 | * Mission | 06 | * Objectives | 06 | * Organogram | 07 | * Service | 09 | Human Resource | 09 | Recuitment | 10 -11 | Selection | 12 | Hiring process | 13 | Training and development | 15 | Performance management | 16 | * Performance appraisal | 16 | * Importance | 16 | * Methods | 17 | 1. Essay evaluation | 17-18 | 2. Critical incident | 18-20 | 3. Advantages and disadvantages | 20 | 4. Process | 21 | Motivation | 21 | RewardsIntroduction of Bank Alfalah | 21-24 | * Vision | 27 | * Mission | 27 | * Management | 28 | * Organogram | 29 | Department | 30 | Human resouce management | 30 | Recruitment | 30-32 | Types of recuitment | 32-35 | Performance appraisal system | 35 | * Appraisal methods | 36 | * Rating scale | 36-40 | * Essay evaluation | 40-41 | * Advantages and disadvantages | 37 | * Performance standards | 41 | Pay plans and incentives in Bank Alfalah | 42-43 | Employee benefits | 43-45 | conclusion | 46 |

INTRODUCTION AND BACKGROUND OF THE ORGANIZATION
Incorporated in Pakistan on October 9, 1991, Askari Bank Ltd commenced its operations in April 1992, as a Public Limited Company, and has since expanded into a nation-wide presence of 49 branches, supported by a network of online ATMs. The Bank is listed on Karachi, Lahore & Islamabad Stock Exchanges and the initial public offering was over-subscribed 16 times.
While capturing the largest market share amongst the new banks,