"Performance Appraisal For Icici Bank" Essays and Research Papers

  • Performance Appraisal For Icici Bank

    REPORTON “PERFORMANCE APPRAISAL” IN BANKINGSECTOR Submitted for the fulfillment for the award of MASTER OF BUSINESS ADMINISTRATION(Sikkim Manipal University) (SESSION: 2009-2010) Submitted By:Ekta Bhatia MBA IV SemesterRoll No. 510919106 Submitted To:Under the Guidance of: Mr. Pankaj Upadhyay Lecturer Sikkim Manipal University Mr. Pankaj Upadhyay Lecturer Sikkim Manipal University 1 DECLARATION I, Ekta Bhatia, hereby declare that the project titled ““PERFORMANCE APPRAISAL” IN BANKING...

    Crown Publishing Group, ICICI Bank, Master of Business Administration 409  Words | 5  Pages

  • Citi Bank Performance Appraisal

     Assignment 1: Citibank Performance Appraisal John Kenny Jack Welch Management Institute Amanda Andrade JWI 520 May 3, 2015 Introduction Being in charge of an organization may seem easy. Yet leading and managing are difficult tasks. One of the most difficult tasks as a manager is evaluating your employees. Your company knowledge, financial acumen or marketing abilities may be dismissed if you don’t know how to communicate with your employees. Knowing what to say and when to say it...

    360-degree feedback, Customer, Customer service 1800  Words | 8  Pages

  • Merger of Icici and Icici Bank

    MERGER OF ICICI & ICICI BANK [pic] PREPARED BY: SALONI SHARMA ROLL NO. 57 Introduction to sector- banking sector The banking sector plays an important role in the growth and development of an economy. The banks provide funds to various institutions which in finance other sectors of economy. India too relies largely on the banking sector for mobilization of deposits as well as for accelerated growth of deposits. This sector has helped in the development of rural as...

    Bank, Banks, Economics 1377  Words | 6  Pages

  • Performance Appraisal

    Performance Appraisal Nearly all organizations seek to monitor the job performance of their members through an evaluation system. Employees who perform their jobs well are usually rewarded and those who do not are penalized. Although all organizations have adopted methods for personnel appraisal, their effectiveness is still a matter of dispute. Performance appraisal may be measured by quantitative and qualitative aspects of the job performance, against such factors...

    Human resource management 1862  Words | 7  Pages

  • Icici Bank

    ICICI Bank is India's second-largest bank with total assets of Rs. 3,634.00 billion (US$ 81 billion) at March 31, 2010 and profit after tax Rs. 40.25 billion (US$ 896 million) for the year ended March 31, 2010. The Bank has a network of 2,044 branches and about 5,546 ATMs in India and presence in 18 countries. ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries in...

    Bank, Bond, Debt 1522  Words | 7  Pages

  • The Performance Appraisal

    Resources The Performance Appraisal Bob Jones June 23, 2012 Human Resources and the Performance Apprisal Human resources connects employers to employees. It is the heart of any organization where people are very important. This paper discusses an essential component of human resource management: the employee performance appraisal. The purpose of this paper is to review the vital components of employee performance management thorough the employee performance appraisal...

    360-degree feedback, Human resource management, Human resources 1184  Words | 4  Pages

  • Performance Appraisals

    Performance Appraisals: Due to the growing focus on the personnel’s development, there is an increasing concern regarding the use of effective assessment methods. Performance appraisals are being used by a large number of organizations for assessing their employee’s performance and its effects on the organization as a whole. Similarly, universities make use of the assessment methods to assess the learning of their students. Despite the Popularity of performance appraisals there is an ongoing...

    360-degree feedback, Assessment, Better 1666  Words | 5  Pages

  • Performance Appraisal

    Performance Appraisal The performance of the employees need to be appraises. The good performance is to be reinforced while the bad performance is to be corrected. Performance appraisal is a process of evaluating an employee’s current and/or past performance relative to his or her performance standard (Dessler & Varkkey, 2011). Performance analysis is critical to the success of the performance management. It is directly reflects the organization’s strategic plan. Performance appraisal, though...

    Employment, Human resource management, Human resources 1341  Words | 4  Pages

  • Performance Appraisal

    Performance Appraisal Performance appraisal is widely conducted in organizations as they concerned about employees’ performance. (DeNisi,2000) defines performance appraisal as “the system whereby an organization assigns some “score” to indicate the level of performance of a target person or group”. It is the process of evaluating the overall employee efficiency and the development in performance. Performance appraisal assesses the actual level of worker performance as well as understands the employee’s...

    360-degree feedback, Employment, Feedback 1946  Words | 7  Pages

  • Performance Appraisal

    ASSIGNMENT # 2 PERFORMANCE APPRAISAL Content Introduction........................................................................................................................3 Job description....................................................................................................................4 Performance appraisal method...........................................................................................5 Identification of appraiser.......

    Bus driver, Employment, Human resource management 1327  Words | 5  Pages

  • Performance Appraisals

    Performance Appraisals: The Good and the Bad Performance appraisals have been around in some form or fashion for quite a while now. Dating mainly back until the time of the second world war, they have been a distinct and formal management procedure used to evaluate work performance. A scholar named Dulewicz (1989) said "…there is a basic human tendency to make judgments about those one is working with, as well as about oneself." (Introduction to Performance Appraisal) With these natural...

    A Good Thing, Employment, Evaluation 2423  Words | 7  Pages

  • Appraisal of Performance

    PERFORMANCE APPRAISAL To know the performance of the organization it is mandatory to know the performance assessment of each employee. There are many reasons for the performance appraisal of the employs major reasons are. It makes the employes to know there levels of there performance levels and the ways to improve there performance the other thing is they know the goals and responcibilities of there working positions and it also helps the managers for estimating overall performance progress ...

    360-degree feedback, Critical path method, Employment 1020  Words | 4  Pages

  • Performance Appraisal

    Performance Appraisal Kelli Semkin University of Phoenix Performance Appraisal What is the purpose of a performance appraisal system and how does it benefit the organization? Performance appraisal systems are designed to serve the company's and employee's interests. They are used to inventory the abilities and resources of employees and to let an employee know where he stands so that he will be stimulated to improve his performance. This gives the employer and...

    Allyn & Bacon, Better, Employment 589  Words | 3  Pages

  • Performance Appraisals

    Performance Appraisals: Advantages and Disadvantages BUS303: Human Resources Management Instructor: Rhonda Bunce 8/13/12 When doing anything meaningful, humans have a natural desire to know how they are performing. In particular, if they are doing a job, they need to know if they are doing horrible, great, or somewhere in between. One of the best potential ways of providing this feedback is through the use of performance appraisals. By definition, “performance appraisal is the process through...

    Employment, Goal, Human resource management 983  Words | 3  Pages

  • Performance Appraisal

    and organizational improvement. Performance appraisal is considered to be an important tool in accomplishing this improvement. In a study conducted by the American Productivity and Quality Center and Linkage Incorporated several organizations declined to participate in performance appraisal research as they believed their performance appraisal system to be a source of competitive advantage. One executive compared the revealing of his organization’s performance management strategies to Coca-Cola...

    360-degree feedback, Employment, Goal 2686  Words | 7  Pages

  • Performance Appraisal

    work, and 4 executives are not at all satisfied with their work. 2Q. Are you aware of Performance Appraisal? (a) Yes (b) No Interpretation: 63 executives are aware of the performance appraisal procedure, only one executive is not aware of the performance appraisal procedure because he is new to the profession. 3Q.Are you satisfied with the Performance Appraisal procedure in your organization? (a) Highly Satisfied (b) Satisfied ...

    Better, Improve, Object-oriented programming 825  Words | 4  Pages

  • Performance Appraisal

    INTRODUCTION A performance appraisal is a systematic and periodic process that assesses an individual employee’s job performance and productivity in relation to certain pre-established criteria and organizational objectives. Historically, performance Appraisal has been conducted annually (long-cycle appraisals), however many companies are moving towards shorter cycles (every six months, every quarter), and some have been moving into short-cycle (weekly, bi-weekly) appraisals. PA is often included...

    Employment, Human resource management, Human resources 1484  Words | 5  Pages

  • Performance Appraisal

    Performance Appraisal Performance appraisals are used in modern day as an evaluation of the observance of an employee’s work performance though a company’s set time period. When doing anything meaningful, humans have a natural desire to know how they are performing. In particular, if they are doing a good job, they need to know if they are doing horrible, great, or somewhere in between. One of the best potential ways of providing this feedback is through the use of performance appraisals. Some...

    Employment, Goal, Human resource management 1078  Words | 3  Pages

  • Performance appraisal

    Performance appraisals are tools that measure and evaluate a person's performance on the-job for a certain amount of time. There are many different types of appraisal techniques to assess the company's employees. Frequently these evaluations can lead to better benefits, promotions, and other rewards. The question is why do companies use appraisal systems? This paper will discuss the systems and answer this question. The performance appraisal assists in the monitoring and evaluating of high-quality...

    A Good Thing, Better, Employment 1054  Words | 3  Pages

  • Performance Appraisal

    In an effort to quantify the contributions made by employees to an organisation, Human resource managers carry out what is referred to as performance appraisal. Different scholars have defined performance appraisal differently. Aswatappa, K(2007:226) defines performance appraisal as the assessment of an individual’s performance in a systematic way, the performance being measured against such factors as job knowledge, quality and quantity of output, initiative, leadership abilities, supervision, dependability...

    Human resource management, Human resources, Management 1499  Words | 5  Pages

  • Performance Appraisal

    Performance Appraisal U7a1 Johnnese Jones February 23, 2013 MHA-5022 Dr. Miller Abstract Performance appraisals are designed to give an objective on the evaluation of an employee’s performance and also outline the measures or development for improvement that would be essential to the organization to move ahead (Chandra & Frank, 2004). In the healthcare system, there is an unsatisfied measure that the outside companies are used to perform these appraisals. The staff would like to...

    360-degree feedback, Employment, Human resource management 1660  Words | 5  Pages

  • Performance Appraisal

    EXERCISE ON “Appraisal of an Employee” Submitted to: Dr. Ramlal porika Assistant professor [pic] BY Nagesh S. Yenpreddiwar Roll No.(109529) Performance Appraisal Performance appraisal is a universal phenomenon with the organization is making judgement about one is working with and about oneself. It serves as a basic element of effective work performance. Performance appraisal is essential for the effective management and evaluation of staff. It aims to improve...

    The Play 531  Words | 4  Pages

  • Performance Appraisal

    Performance Appraisal 08. Examine in detail two different ways in which employee performance appraisal can be conducted and compare and contrast their advantages and disadvantages. 04. Critically evaluate advantages and disadvantages of different methods of performance appraisal 定义:PA is a method for evaluating performance of individual workers and teams usually conducted by the immediate line managers. With the decline of careers in the flat, PA has become more important managerial tools in motivating...

    360-degree feedback, Customer, Customer service 1607  Words | 6  Pages

  • Performance Appraisal

    Performance appraisal is the process through which employee performance is assessed, feedback is provided to the employee, and corrective action plans are designed” (Youssef, 2012). So basically, a performance appraisal is the process of evaluation workers’ performance in correlation with previously determined standards of the organization. Performance appraisals are one way of giving employees feedback about their performance at work; they record the employee’s performance to date, their potential...

    Assessment, Better, Future 818  Words | 3  Pages

  • Performance Appraisals

    Performance Appraisals-The Good, the Bad and the Ugly Performance Appraisals-The Good, the Bad and the Ugly According to the video “Appraisals as a Motivational Tool” by Judith Leary-Joyce, the appraisal process is a process that needs to be given time and consideration to. Despite most supervisors being very busy and having limited time, they need to make the time when it comes to completing an employee appraisal. The supervisor needs to review the previous performance...

    Computer program, Emotion, Employment 854  Words | 3  Pages

  • Performance Appraisal

    Managing performance 1. what is? Involves the identification—what areas of work should be exam, should focus on performance that affects organizational success measurement—the centerpiece, all managers in the organization must maintain comparable rating standards. and management—is the overriding goal of any appraisal system. Take a future-oriented view of what workers can do to achieve their potential in the organization. Must provide feedback and coach them to higher level of performance of...

    Behavior, Consciousness, Employment 699  Words | 3  Pages

  • Performance Appraisal

    TRAINING PROJECT REPORT ON “To Analyze the Present PERFORMANCE APPRAISAL AT NTPC, ANTA” A Training Project Report Submitted in partial fulfillment of the requirements for the Award of the PGDM Academic Session 2010-2011 SUMITTED BY- SUMITTED TO- ...

    Doctor, Management, National Thermal Power Corporation 1043  Words | 6  Pages

  • Performance Appraisal

    EXECUTIVE SUMMARY INTRODUCTION Performance Appraisal is the process of identifying, measuring and developing human performance in organizations and tries to: ➢ Give feedback to employees to improve subsequent performance. ➢ Identify employee training needs. ➢ Document criteria used to allocate organizational rewards. ➢ Form a basis for personnel decisions-salary (merit) increases, disciplinary actions, etc. ➢ Provide the opportunity...

    Board of directors, Corporate governance, Executive director 631  Words | 4  Pages

  • Swot Analysis of Icici Bank

    analysis of ICICI bank is made to understand the positioning of the bank better: STRENGTHS 1. BRAND NAME: ICICI Bank has earned a reputation in the market for extending quality services to the market vis-à-vis its competitors. It has earned a strong Brand name in banking in a very short span of time. 2. MARKET SHARE: ICICI Bank has the largest market share of 34% in the IT & ITES industry in Hyderabad according to our survey (within the limitation of the sample size.) 3. HUGE NETWORK: ICICI Bank...

    Bank, Consultative selling, Customer 1189  Words | 4  Pages

  • Performance Appraisal

    PERFORMANCE APPRAISAL Appraisal Year: _________________ EMPLOYEE DETAILS Name Position Title Group Location Date of Joining Reporting To: (Name/ Position) Qualification For The Period: ______________________ Band / Grade: ___ SECTION I: GOALS / OBJECTIVES FOR THE YEAR – Previous Year No. 1 2 3 4 5 Goals Set By Self Goals Evaluated by Appraiser Final Goals / Objectives SECTION II: DELIVERABLES ASSESSMENT I. A. Deliverable and Performance for the year 2006– 2007 (Rating Scale = 0 5) Key Deliverables...

    Competence, Deliverable, Management 716  Words | 7  Pages

  • Performance management & Performance appraisal

    human resources department that plays a large part of an organizations and a key to affect business succeeds or not. There are two core threads of human resources department are individual and organizational learning, individual and organizational performance. Human resource management should possess a good management systems and framework; ensure human ability is all used to achieve organization goals. Include strategic human resources management, equal employment opportunity, staffing, talent management...

    Human resource management, Human resources, Management 2155  Words | 7  Pages

  • Performance Appraisal

    Performance Appraisal Tools and Techniques               inShare 4                      Following are the tools used by the organizations for Performance Appraisals of their employees. Ranking Paired Comparison Forced Distribution Confidential Report Essay Evaluation Critical Incident Checklists Graphic Rating Scale BARS Forced Choice Method MBO Field Review Technique Performance Test We will be discussing the important performance appraisal tools and techniques in detail. Ranking...

    Non-parametric statistics, Ranking 823  Words | 3  Pages

  • Icici Bank and Bank of Rajasthan Merger

    formed. Basic information of icici bank (Industrial Credit and Investment Corporation of India Bank): ICICI Bank was established by the Industrial Credit and Investment Corporation of India, an Indian financial institution, as a wholly owned subsidiary in 1994. The parent company was formed in 1955 as a joint-venture of the World Bank, India's public-sector banks and public-sector insurance companies to provide project financing to Indian industry.[10][11] The bank was initially known as theIndustrial...

    1916, 2009, Bank 1099  Words | 4  Pages

  • Change Management at Icici

    Change Management @ ICICI By Group-5 Group Members: 1)Adrish Ray 2)Deepak Prakash Tejale 3)G.B. Sambhrama 4)Girish Krishnamurthy 5)Neelkant Rajaghatta 6)Neha Gupta Q1. ‘ The changed focus of ICICI to become a non-stop shop for financial services necessitated the changes in the organization culture and goals.’ Analyze the changes implemented by Kamath in mid-1990s and comment briefly on the necessity and efficacy of these changes. Answer : In 1996, when Kamath took charge...

    Bank of Madura, Banks of India, Change 1168  Words | 6  Pages

  • Performance Appraisal Performance

    Performance Appraisal Performance Monica F. White BUS: 303 Human Resource Management Theresa Thurman March 11, 2013 Sam, so I hear you are up for the promotion posted. Yes, I have did some research on the new position. I have been with the company longer than other employee. I feel my chances are great. To know your job description, follow them and adhere to the company policies to the fullest are all great things to have on your side. I have all of the above on my side. The...

    Employment, Good and evil, Human resource management 816  Words | 3  Pages

  • Importance of Performance Appraisal

    Many managers take the integrated approach known as Performance Management, to manage the performance, consisting of setting goals, training employees and then appraising and rewarding them (hrm). It can be explained as a process that consolidates goal setting, performance appraisal and development into single, common system, the aim of which is to ensure that the employee’s performance is supporting the strategic aims. (hrm book 315).. A performance management system would be only effective when the...

    Balanced scorecard, Goal, Human resource management 1264  Words | 5  Pages

  • Journals Study: Performance Appraisal

    ------------------------------------------------- Performance Appraisal: Two Steps Forward, One Step Beck? ------------------------------------------------- Alan R. Nankervis and Pricilla Leece ------------------------------------------------- Asia Pacific Journal of Human Resources 1997; 35; 80 Summary of the Journal The Journal is a report of data gathered by the survey conducted in 1995, describing the practice of performance appraisal in Australian industry. The survey was distributed...

    Human resource management, Human resources, Management 1535  Words | 6  Pages

  • Report: Banks of India and Performance Appraisal

    A RESEARCH REPORT ON “PERFORMANCE APPRAISAL” IN BANKING SECTOR Submitted for the fulfillment for the award of MASTER OF BUSINESS ADMINISTRATION (Sikkim Manipal University) (SESSION: 2009-2010) |Submitted To: |Under the Guidance of: | |Mr. Pankaj Upadhyay |Mr. Pankaj Upadhyay ...

    Bank, Banking in India, Banks of India 12829  Words | 55  Pages

  • Bank Performance

    the objectives of bank performance analysis? • evaluate progress towards meeting the goals and objectives set out by management, and • compare a bank’s performance relative to other banks • highlight strengths and weaknesses • for management to take appropriate remedial action 2. What are the main external forces that have an impact on a bank’s performance? • Deregulation – unleashed competition on both sides of the balance sheet. • Innovation and Globalisation – expanded banks’ balance sheets in...

    Capital accumulation, Economic value added, Financial ratios 895  Words | 4  Pages

  • Case Study/Research Paper of Mergers Icici and Icici Bank

    ------------------------------------------------- icici with icici bank merger For Mergers and Acquisitions in the BANKING SECTOR AAKANKSHA KUMAR * EXECUTIVE SUMMARY ICICI- Industrial Credit and Investment Corporation of India Limited (ICICI) was founded by the World Bank, the Government of India and representatives of private industry on 5 January, 1995. The objective was to encourage and assist industrial development and investment in India. Over the years, ICICI has evolved into a diversified...

    Bank, Bank regulation, Banking 1223  Words | 5  Pages

  • Swot Analysis of Icici Bank

    Project on S.W.O.T. analysis of ICICI BANK. INDUSTRIAL CREDIT AND INVESTMENT CORPORATION OF INDIA. INTRO: The Bank went on to cross-sell and up-sell its products aggressively, growing into India’s second largest bank. But ICICI was not only looking at banking. In 1993, the company set-up ICICI Securities and Finance Company Limited in a joint venture with JP Morgan, and the same year, it set up ICICI Asset Management Company. This was the just the beginning; several...

    Bank, Cheque, Credit card 1136  Words | 4  Pages

  • Case Study on Icici Bank

      Bank Profile Established in 1994, ICICI Bank is today the second largest bank in India and among the top 150 in the world. In less than a decade, the bank has become a universal bank offering a well diversified portfolio of financial services. It currently has assets of over US$ 79 billion and a market capitalization of US$ 9 billion and services over 14 million customers through a network of about 950 branches, 3300 ATM's and a 3200 seat call center (as of 2007). The hallmark of this exponential...

    Bank, Banking, Banks of India 974  Words | 3  Pages

  • Bus 303 Performance Appraisal

    Head: Appraisal Performance Appraisal Assignment Evangelia Jose BUS303 Chavonne McCall September 17, 2012 Performance Appraisal Assignment Performance appraisal is the process through which employee performance is assessed, feedback is provided to the employee, and corrective action plans are designed (Youssef, 2012). Performance appraisals are meant to evaluate an employee’s performance, and to help the company reach its’ objectives or goals. Some employees will praise the performance appraisal...

    Employment, Human resource management, Human resources 628  Words | 3  Pages

  • Crm at Icici Bank

    Focus on ICICI Bank’s Initiatives The use of Customer Relationship Management (CRM) in banking has gained importance with the aggressive strategies for customer acquisition and retention being employed by banks in today’s competitive milieu. This has resulted in the adoption of various CRM initiatives by these banks to enable them achieve their objectives. The steps that banks follow in implementing Customer Relationship Management (CRM) are: Identifying CRM initiatives with reference to the objectives...

    Bank, Banking, Cheque 1916  Words | 5  Pages

  • Developing a Performance Appraisal System

    Developing a Performance Appraisal System Michelle D. Howard The Human Services Administrator Instructor: Mandy Sargeant Axia College of University of Phoenix February 12, 2009 Introduction A performance appraisal is a key element in organization and can be one of the greatest tools used to record employee production. Organizations can establish their goals and objectivities, while involving the employees in the process. Conducting a performance appraisal increases productivity and morale...

    Conducting, Emotion, Employment 914  Words | 3  Pages

  • Developing A Performance Appraisal System

    Developing a Performance Appraisal System All organizations utilize some sort of system that periodically reviews the performance of every staff member. As the director of human resources, you are responsible for developing such a system. Write a 750- to 1,050-word paper in APA format that details an original performance appraisal system for a human service organization. Address the following: Determine the elements that should be present in an appraisal system. What is the purpose of a performance appraisal...

    Assessment, Chemical element, Element 699  Words | 3  Pages

  • General Comparison Between HDFC Bank And ICICI Bank

    General Comparison between HDFC Bank and ICICI Bank HDFC Bank ICICI Bank Second largest private Sector bank largest Private Sector Bank Retail assets constituted 51.3% of advances in FY12. Retail assets constituted 34% of advances in FY12 Comparison on the basis of services: ...

    Bank, Cheque, Credit card 528  Words | 3  Pages

  • Developing a Performance Appraisal System

    Developing a Performance Appraisal System Mary Colon Torres University of Phoenix HSM220 Harold Dobbins Developing a Performance Appraisal System 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...

    Decision making, Decision making software, Decision theory 971  Words | 4  Pages

  • Performance Appraisal Survey Analysis

    Performance Appraisal Survey Analysis MGT 431 University of Phoenix Performance Appraisal Survey Analysis Employee performance is usually best evaluated by means of a standard form followed by a superior-subordinate discussion. Through feedback provided during this discussion, the purposes of the performance appraisal are served. How effectively they are served depends on how the appraisal form is designed and how the discussions are conducted. Performance appraisals have become a...

    Conducting, Employment, Goal 884  Words | 3  Pages

  • Performance Appraisal of Hrm

    Performance Management and Appraisal After studying this chapter, you should be able to: 1. Evaluate and improve the appraisal form in Figure 9–1. 2. Describe the appraisal process. 3. Develop, evaluate, and administer at least four performance appraisal tools. 4. Explain and illustrate the problems to avoid in appraising performance. 5. List and discuss the pros and cons of six appraisal methods. 6. Perform an effective appraisal interview. 7. Discuss the pros and cons...

    Effectiveness, Goal, Halo effect 357  Words | 5  Pages

  • Performance Evaluation of Banks

    PERFORMANCE EVALUATION OF BANKS – SOME ASPECTS AROOP KUMAR MOHAPATRA ASSISTANT VICE PRESIDENT INDUSIND BANK BHUBANESWAR ABSTRACT Doing a performance appraisal of banks, especially Indian ones, is not an easy task. What are the factors that need to be considered to differentiate the good, the bad and the ugly. If we just compare the major ratios for a financial analysis of banks, we may reach at conclusions, which will be quite far from reality. Because these ratios do give a picture...

    Bank, Banking, Capital requirement 1441  Words | 5  Pages

  • Performance Evaluation of Trust Bank

    1. Introduction The very first credit transaction in history certainly took place hundreds of years ago, before the existence of bank, credit bureaus, or credit departments. As the time passed, financial institutions developed to put funds from savers into the hands of borrowers who used this value to create economic value. Credit contributed to economic growth of countries throughout the world as it makes goods and services available to consumers, businesspersons, and governments. Although...

    Bank, Credit, Debt 1676  Words | 7  Pages

  • 180 degree performance appraisal

    Advantages Of Performance Appraisal It helps the supervisors to chalk out the promotion programs for efficient employees. In this regards, inefficient workers can be dismissed or demoted in case. It helps in chalking out compensation packages for employees. Merit rating is possible through performance appraisal. PA tries to give worth to a performance. Compensation packages which include bonus, high salary rates, extra benefits, allowances and pre-requisites are dependent on performance appraisal. The criteria...

    Better, Boss, Employment 931  Words | 3  Pages

  • Icici

                      The Bank went on to cross-sell and up-sell its products aggressively, growing into India’s second largest bank. But ICICI was not only looking at banking. In 1993, the company set-up ICICI Securities and Finance Company Limited in a joint venture with JP Morgan, and the same year, it set up ICICI Asset Management Company. This was the just the beginning; several mergers, acquisitions and joint ventures followed                                       ICICI is one of the leading private...

    Bank, Bond, Human resource management 630  Words | 3  Pages

  • Performance Appraisal and Starbucks

    Introduction: I am going to discuss what kind of performance appraisal strategies Starbucks uses, and if they seem to be effective or ineffective, and why. Then I will discuss what other performance appraisal methods are being used by Starbucks today and if they are effective. Finally I will tell you what kind of advice I would offer to Starbucks. First I will discuss what kind of performance appraisals Starbucks uses and if there effective. Starbucks Appraisals: Starbucks starts off their employees...

    August 14, Debate, Employment 660  Words | 3  Pages

  • Performance Appraisal System

    Developing a Performance Appraisal System HSM 220 Human Service Admin 16 NOV 2012 Nadine Lewandowski Developing a Performance Appraisal System * What is the purpose of a performance appraisal system and how does it benefit the organization? A performance appraisal is a key element in organization and can be one of the greatest tools used to record employee production. Organizations can establish their goals and objectivities, while involving the employees in the process. Conducting a...

    Allyn & Bacon, Assessment, Employment 854  Words | 3  Pages

  • Difference Between Icici Bank N Axis

    SERVICE SECTOR MANAGEMENT | ICICI BANK AND AXIS BANK | WHAT IS A BANK? A banker or bank is a financial institution whose primary activity is to act as a payment agent for customers and to borrow and lend money. In other words, an institution where one can place and borrow money and take care of financial affairs ABOUT The Banking sector in India has always been one of the most preferred avenues of employment. In the current decade, this has emerged as a resurgent sector in the Indian...

    Bank, Banking in India, Banks of India 2146  Words | 6  Pages

  • Performance Appraisal System

    Performance Appraisal System Antronette S. Hancock Axia College of University of Phoenix A performance appraisal system is a very important part of any successful organization. Both employees and organizational management and leaders benefit from a well-structured performance appraisal system. These systems offer feedback and rewards to employees who perform well, while at the same time holding employees accountable for their performance. The following report will describe the purpose...

    Accountability, Better, Evaluation 858  Words | 3  Pages

  • Fairness of Performance Appraisals

    edu/docs/available/etd-1106103-172944/unrestricted/Walsh_dis.pdf Performance Appraisal Legal Aspects It is not practicable to provide an exhaustive analysis of the legal implications of performance appraisal as these often vary from one state or national jurisdiction to the next. Nevertheless there are principles of equity and fairness that should be upheld in any good employee evaluation process. Note The following is not specific legal advice and should not be treated as such. 1. Performance appraisals should not be used in a...

    Employment, Jurisdiction, Law 719  Words | 3  Pages

  • Traditional Methods of Performance Appraisal

    Form Top of Form Performance appraisal is a method of evaluating the behaviour of employees in the work spot, normally both the quantitative and qualitative aspects of job performance. Performance here refers to the degree of accomplishment of the tasks that make up an individual’s job. It indicates how well an individual is fulfilling the job demands. The purpose of performance appraisal is to update the worker on his progress, gauge his behavior and performance, praise good work, and note...

    Better, Bias, Employment 1702  Words | 7  Pages

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