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
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A Study of Performance Appraisal with reference to Celsair Chapter -1 Introduction Performance appraisal Definition of Performance appraisal The process by which a manager or consultant examines and evaluates an employee’s work behavior by comparing it with preset standards‚ documents the results of the comparison and uses the results to provide feedback to the employee to show where improvements are needed and why‚ performance appraisals are employed to determine who needs what training and
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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
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PERFORMANCE APPRAISAL AND PERFORMANCE MANAGEMENT PRESENTED BY It is a method of evaluating the behaviour of employees in the work spot‚ normally including both the quantitative and qualitative aspects of job performance CONCEPT OF PERFORMANCE APPRAISAL Characteristics of performance appraisal q Setting work standards q Assessing employee’s actual performance to these standards q Compare actual performance with the standards established. q The
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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
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aspects of a performance appraisal from the following list. What are the special challenges in each area and what would be the impacts on employees and employers if the challenges were not addressed? o Strategic Relevance o Criterion Deficiency o Criterion Contamination o Reliability o Compliance with the Law o Appraiser Training It was tough to pick only two items from the list‚ as each listed item is connected and works as a continuous process completing the ultimate performance goals and
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PERFORMANCE APPRAISAL SYSTEM: IT’S EFFECTIVENESS AND IMPACT ON PERFORMANCE AND JOB SATISFACTION OF TECHNICAL EDUCATION AND MANPOWER TRAININDEPARTMENT’S FACULTY‚ (N.W.F.P). By Ayaz Khan ------- DEPARTMENT OF MANAGEMENT SCIENCES -------Qurtuba University of Science & Information Technology D. I. Khan‚ (PAKISTAN) 2009 APPROVAL SHEET ADISSERTATIONENTITLED“PERFORMANCE APPRAISAL SYSTEM: ITS EFFECTIVENESS & IMPACT ON PERFORMANCE AND JOB SATISFACTION”. A CASE STUDY OF THE TECHNICAL EDUCATION
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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
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“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
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Question 2(a) Function: Performance appraisal Performance appraisal is a process that use to evaluate an employee’s work behavior. The results use to show employee where is needed to improve and the reason. It also can determine who will be retained‚ demoted‚ promoted‚ fired and what training needed by who. (BusinessDictionary‚ 2015) There are few sub-function in this appraisal system: Prepare report of performance appraisal Performance appraisal is a process that use to evaluate an employee’s
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