Preview

performance appraisal

Satisfactory Essays
Open Document
Open Document
11087 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
performance appraisal
PERFORMANCE APPRAISAL

IDBI FEDERAL LIFE INSURANCE CO. LTD.
CHENNAI

PERFORMANCE APPRAISAL
SYSTEM AT IDBI FEDERAL
LIFE INSURANCE CO. LTD.
SRUTI JAYARAMDAS
10BSPHH010800

11

PERFORMANCE APPRAISAL

A REPORT
ON

PERFORMANCE APPRAISAL SYSTEM AT IDBI
FEDERAL LIFE INSURANCE CO. LTD.”

By
SRUTI JAYARAMDAS
10BSPHH010800
A REPORT SUBMITTED IN PARTIAL FULFILLMENT OF
THE REQUIREMENTS OF
MBA PROGRAM OF
IBS HYDERABAD

DISTRIBUTION LIST:
MR. G. SURESH
(Faculty Guide)
MRS. SHANTHI YAGYANATH
(Company Guide)

Date of submission:
13 th MAY 2011

PERFORMANCE APPRAISAL

AUTHORIZATION

This report has been authorized by Professor G. Suresh, Associate Dean (Executive
Training), IBS Hyderabad. This report is prepared for the organization IDBI FEDERAL
LIFE INSURANCE COMPANY LIMITED, Chennai and has been authorized by Mrs.
Shanthi Yagyanath, Manager Distribution- Chief, IDBI FEDERAL LIFE INSURANCE
COMPANY LIMITED, Coimbatore, for submission to IBS, Hyderabad in partial fulfillment of the MBA Program of Sruti Jayaramdas.

PERFORMANCE APPRAISAL

ACKNOWLEDGEMENTS
With immense gratitude and humility, I present my Summer Internship Project report on PERFORMANCE APPRAISAL: A SUDY ON THE PERFORMANCE
APPRAISAL SYSTEM AT IDBI FEDERAL LIFE INSURANCE COMPANY
LIMITED.
I had a wonderful experience of Summer Internship, working with IDBI Federal Life
Insurance Co. Ltd, and I would like to extend my sincere gratitude for providing me with this opportunity to work in the organization. I would also like to extend my appreciation to Mrs. Shanthi Yagyanath, Manager Distribution- Chief (IDBI Federal
Life Insurance Co. Ltd) for guiding me, and providing valuable inputs that aided in the completion of my project.
I would also like to express my gratitude towards Mr. Peter, Manager, Chennai (Anna salai branch), LIC of India, Mrs. Latha J., Junior HR, Chennai (K.K. Nagar branch),
United India Insurance Co. Ltd, and Mr. Prem Damodaran, Sales



References: Mobile No. 09943634445 9.2

You May Also Find These Documents Helpful

  • Good Essays

    An appraisal system may provide a Human Service organization in numerous of techniques. The main reason for effective appraisal can serve for development and administrative for an organization of Human service. From the viewpoint of the administrative the main reason of the appraisal presentation system can take in numerous of decision making in regards to changes in job responsibility, reward, or promotion choices. The development reasons consist of helping and achieving employee’s best routine, appraise staffs weaknesses or strengths and figure out if other alternative for training will be needed.…

    • 971 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    1. The major problem with the performance appraisal process in the regional office is the lack of employee involvement. If the employers took the employees’ opinions about how they should be rated, they would be more interested in the process and know their expectations and hence perform much better. In the regional office, it seems that they have no employee involvement and the staff think that the “work standards were irrelevant and unfair”, discouraging them to improve their skills and do better.…

    • 403 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Performance Appraisal

    • 3095 Words
    • 13 Pages

    ‘The problems associated with performance appraisal systems can be overcome by improvements to their design and implementation’. Discuss with reference to the orthodox and radical critiques of performance appraisal.…

    • 3095 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    1. Goals will enable managers to choose appraisal criteria that support the organization 's goals…

    • 1784 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    While nobody particularly enjoys them, performance appraisals are a beneficial tool used by organizations. An appraisal evaluates not only the employee 's performance but also his potential for development. As stated in the text, “The main objective of performance appraisals is to evaluate employees ' work performance” (Youssef, 2012). Performance appraisals also show the success and efficiency of achieving organizational goals and objectives and provide necessary feedback to employees that will help them keep on track. This paper will show how effective performance appraisals can increase employee performance, the strategic advantages of performance appraisals, potential forms of bias within the appraisal system, and how performance appraisals can contribute to the achievement of strategic objectives.…

    • 712 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Performance Appraisal

    • 699 Words
    • 3 Pages

    1. what is? Involves the identification—what areas of work should be exam, should focus on performance that affects organizational success…

    • 699 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    interim report

    • 1697 Words
    • 10 Pages

    This is to certify that the project entitled “Role of IT in IDBI Federal Life Insurance Co. Ltd.” being submitted to “IBS-MUMBAI” by Sunny Bedi for the award of the degree of “ DEGREE” is a bona-fide record of independent project work carried out by him under our guidance and supervision. This has not been partially or fully submitted for the award of any diploma or associate ship or similar other title to any other university or institution.…

    • 1697 Words
    • 10 Pages
    Powerful Essays
  • Better Essays

    ICICI Prudential Life Insurance Company Limited is a company incorporated under the Companies Act, 1956 and licensed under and in terms of the Insurance Act, 1938 and the Insurance Regulatory and Development Authority Act, 1999 to carry out the business of life insurance and having its Registered Office at ICICI Prulife Towers, 1089, Appasaheb Marathe Marg, Prabhadevi Mumbai - 400025. It is a joint venture between ICICI Bank, one of the foremost financial services companies of India and Prudential plc, one of the leading international financial services group headquartered in the United Kingdom. ICICI Prudential was amongst the first private sector life insurance companies to begin operations in December 2000 after receiving approval from Insurance Regulatory Development Authority (IRDA).…

    • 865 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    industry research

    • 17295 Words
    • 165 Pages

    Dr. C.S. Shylajan (Faculty Guide) and Mr. Sandipan PalAnalyst (Real Estate & Cement (Company Guide).…

    • 17295 Words
    • 165 Pages
    Powerful Essays
  • Satisfactory Essays

    Performance Appraisal

    • 1043 Words
    • 5 Pages

    This is to certify that Ms Neha Gupta a student of PGDM III semester at Maharishi Arvind International Institute of Management has completed Training Project entitled “To analyze the present performance appraisal at NTPC”. This project has been completed after studying for one year in PGDM course and for partially fulfilling the requirements for award of PGDM.…

    • 1043 Words
    • 5 Pages
    Satisfactory Essays
  • Good Essays

    2. To contribute to the employee growth and development through training, self and management development programmes. Tata Power aims at employee development through performance appraisal.…

    • 548 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Salary negotiation is more of an art than a science. It usually is one of the most neglected and under-rated aspects of a Job search. I have heard quite a few people say, "I just want to get my foot in the door, and I don't care about how much they pay me to start with. Once I am in, I can get good raise etc." In my opinion, don't ever make that mistake. It just doesn't work that way. Do not accept a position at a salary lower than you know you are worth with the hopes of big raises in the future. The article below by Lee Miller is the best article I have found on this subject. He has also written a book, "Get More Money on Your Next Job", which is very interesting and an informative read.…

    • 1852 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Teacher Day Essay

    • 251 Words
    • 2 Pages

    MOTORS (INDIA) PVT.LTD, further to the interview and discussions you had with us. You are expected to…

    • 251 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Thank to Almighty Allah for being able to complete the assignment “Popular Life Insurance Co”…

    • 2171 Words
    • 9 Pages
    Satisfactory Essays
  • Powerful Essays

    IRDA

    • 1291 Words
    • 6 Pages

    Insurance Regulatory and Development Authority (IRDA) is an autonomous apex statutory body which regulates and develops the insurance industry in India. It was constituted by a Parliament of India act called Insurance Regulatory and Development Authority Act, 1999 [2][3] and duly passed by the Government of India.[4]…

    • 1291 Words
    • 6 Pages
    Powerful Essays