Performance Appraisal
Chapter: 1.0 Introduction
A performance appraisal, employee appraisal, performance review, or (career) development discussion is a method by which the job performance of an employee is evaluated (generally in terms of quality, quantity, cost, and time) typically by the corresponding manager or supervisor. A performance appraisal is a part of guiding and managing career development. It is the process of obtaining, analyzing, and recording information about the relative worth of an employee to the organization. Performance appraisal is an analysis of an employee's recent successes and failures, personal strengths and weaknesses, and suitability for promotion or further training. It is also the judgment of an employee's performance in a job based on considerations other than productivity alone.
The most popular methods used in the performance appraisal process include the following
* Management by objectives * 360-degree appraisal * Behavioral observation scale * Behaviorally anchored rating scales
1.1: Statement of Research Problem
Here we work on ‘Performance Appraisal of MNC’. In our study we try determine the method of performance appraisal which is used by the Multi National Corporations (MNC). We want to recognize the employee satisfaction according to their appraisal.
1.2: Objectives of the Study
Primary Objectives * To find the performance appraisal of the MNC. * To ascertain the employee satisfaction according to their appraisal. * To evaluate the MNC appraisal with our local organization. * To get an insight into the relative importance of performance appraisal in MNC * To know how MNC’s use performance appraisal as an effective tools to achieve efficiency and effectiveness.
Secondary Objectives * To observe the work environment in MNC in comparison with our local company * To get experience and expertise in assignment * To enhance the communication skill * To increase confidence
1.3:
A performance appraisal, employee appraisal, performance review, or (career) development discussion is a method by which the job performance of an employee is evaluated (generally in terms of quality, quantity, cost, and time) typically by the corresponding manager or supervisor. A performance appraisal is a part of guiding and managing career development. It is the process of obtaining, analyzing, and recording information about the relative worth of an employee to the organization. Performance appraisal is an analysis of an employee's recent successes and failures, personal strengths and weaknesses, and suitability for promotion or further training. It is also the judgment of an employee's performance in a job based on considerations other than productivity alone.
The most popular methods used in the performance appraisal process include the following
* Management by objectives * 360-degree appraisal * Behavioral observation scale * Behaviorally anchored rating scales
1.1: Statement of Research Problem
Here we work on ‘Performance Appraisal of MNC’. In our study we try determine the method of performance appraisal which is used by the Multi National Corporations (MNC). We want to recognize the employee satisfaction according to their appraisal.
1.2: Objectives of the Study
Primary Objectives * To find the performance appraisal of the MNC. * To ascertain the employee satisfaction according to their appraisal. * To evaluate the MNC appraisal with our local organization. * To get an insight into the relative importance of performance appraisal in MNC * To know how MNC’s use performance appraisal as an effective tools to achieve efficiency and effectiveness.
Secondary Objectives * To observe the work environment in MNC in comparison with our local company * To get experience and expertise in assignment * To enhance the communication skill * To increase confidence
1.3: