Reward Management- Motivation and Performance Appraisal

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  • Topic: Maslow's hierarchy of needs, Motivation, Abraham Maslow
  • Pages : 19 (4248 words )
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  • Published : March 8, 2012
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Reward management
HRM_457

ASSIGNMENT: Motivation and performance appraisal

Organization: SHEMROCK GROUP OF SCHOOLS , INDIA

Submitted to: MICHEAL L. NIETO

Submitted by: SHIVANK MAINGI
Student id: S00504803
2012

CONTENTS

1. Executive summary……........……………………………………………………………2

2. Introduction…………………………………………………………………………………..3

3. Literature review…………………………………………………………………………..3
3.1 Performance appraisal………………………..……..............................3 3.1.2 Ways to conduct appraisal………………………………………………..4 3.1.3 A.K.S approach………………………………………………………………….6

3.2 Motivation…………………………………………………………………………7 3.2.1 hierarchy of needs, Maslow……………………………………………….8 3.2.2 Criticism……………………………………………………………………………9

4. Findings…………………………………………………………………………………………10
4.1 Appraisal…………………………………………………………………………….10 4.2 Motivation…………………………………………………………………………..10

5. Conclusion……………………………………………………………………………………..11

6. Recommendation…………………………………………………………………………..12

7. References…………………………………………………………………………………….13

8. Appendix……………………………………………………………………………………….14

REWARD MANAGEMENT

1. Executive Summary

The project deals with the study of a well-established preschool chain in India, Shemrock group of schools, in regard to it’s human resource department and practices that are used to manage the human resources of the company. Analyses are done vertically in the areas of ‘PERFORMANCE APPRAISAL’ and ‘MOTIVATION’ by comparing the findings with the structured theories of the AKS approach (ATTITUDE-KNOWLEDGE-SKILLS) and MASLOW’S theory of motivation (HIERARCHY OF NEEDS) respectively.

The finding of the company was discovered by the interaction with the head, human resource department of the company with the medium of electronic mails and telephonic discussions.

It was found that that the company is currently working on the right direction in terms of motivating people though it don’t fulfils the hierarchy of needs completely, thus a more can be derived from the workforce if certain additions can be made to fulfil the needs of the employees in a systematic way.

On the other hand company definitely needs to work on the appraisal method in order to get even more efficiency from the employees in terms of value for money.

2. Introduction

SHEMROCK is considered pioneer in the field of education and is credited with revolutionizing learning by making it interesting, engaging & motivating. SHEMROCK is promoted by the Arora family – which consists of two generations of the country’s leading educationists with over 85 years of combined experience in the field of education. For two decades they have primarily been managing SHEMROCK Preschools, creating the first successful franchise model in India with over 150 branches across India and Abroad. Today, with more than 1, 50,000 children already having received the foundation for success, SHEMROCK is a leader in preschool education and is a brand to reckon with. (refer to appendix - 8.1)

3. Literature review

3.1) Performance APPRAISAL

Performance appraisal is an activity adopted by the managers to evaluate the employee’s performance in the organization by the means of knowing his skills and knowledge and constant improvement in it. Employee’s immediate supervisor is general made responsible to carry out an appraisal. The basic idea is to evaluate an employee on different dimensions to know his/her worth to the company and how can they motivate their employees to get better and efficient in their working. We can say that performance appraisal meets three needs which benefits to the company as well as employee.

1. It...
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