PERFORMANCE APPRAISAL Performance appraisal‚ also known as employee appraisal‚ is a method by which the job performance of an employee is evaluated (generally in terms of quality‚ quantity‚ cost and time). Performance appraisal is a part of career development. Types include - Behavioral Observation Scales Behavioral Observation Scales is frequency rating of critical incidents that worker has performed. • The BOS was developed by Latham & Wexley (1977) who believed that both graphic
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RELEVANT TO ACCA QUALIFICATION PAPER F9 Studying Paper F9? Performance objectives 15 and 16 are relevant to this exam ADVANCED INVESTMENT APPRAISAL Investment appraisal is one of the eight core topics within Paper F9‚ Financial Management and it is a topic which has been well represented in the F9 exam. The methods of investment appraisal are payback‚ accounting rate of return and the discounted cash flow methods of net present value (NPV) and internal rate of return (IRR). For each of these
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Absolute Standards Approach is an appraisal method used to assess the performance of employees by presenting a detailed description of the employees’ actual behavior in comparison to a certain set of standards. In this type of appraisal format‚ the appraisers compare the employees to a certain set of standards‚ which may come in the form of checklists‚ rating scales‚ etc‚ rather than to other employees within the organization. The Absolute Standard Appraisal method has 4 techniques: Checklists
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Allahabad bank:- Headquarters: Kolkata‚ Founded: 1865 Andhra bank:- Headquarters: Hyderabad‚ Founded: 1923‚ Founder: Bhogaraju pattabhi sitaramaya‚ key people: B A prabhakar Bank of Baroda:- Headquarters: Vadodara‚ Founded: 1908‚ Founder: Maharaja Sayajirao Gaekwad Key people: SS Mundra (Chairman&MD) Bank of India:- Founded: 7Sep 1906‚ Headquarters: Mumbai‚ Key people Vijayalakshmi R Iyer (CMD) Bank of Maharashtra:- Founded 1935‚ Headquraters: Pune‚ Key people: Shri Narendra Singh
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McDonalds Appraisal System Question 1 & 2: McDonalds use a 360 degree appraisal system (Ward 1995) where all the information on performance and feedback is derived from a number of stakeholders within the company. The existence of an appraisal program indicates to an employee that the organisation is genuinely interested in their individual performance and development. This alone can have a positive influence on the individual’s sense of worth‚ commitment and belonging. McDonald ’s introduces
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SERVICES IN AXIS BANK Executive Summary The project is based on the product and services of Axis bank. AXIS Bank is India’s third largest private sector bank. It started its operation in 1994 and after that‚ the Government of India allowed new private banks to be established. Before it was as United Trust of India (UTI) bank that had a special position in the Indian capital markets and has promoted many leading financial institutions in the country
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Hazardous to your Wealth" Financial institutions such as banks‚ insurance companies and pension funds are also known as ’Financial Intermediaries’. They dominate the financial scene all around the globe. It is virtually impossible to spend or save or lend or invest money nowadays without getting involved with some kind of financial intermediary in one way or another. Although all have similar functions‚ yet they are different. They are as follow... Banks versus Non-Banks - A Brief Comparison A sharp
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Organisational Appraisal of Nike with its competitiors Ratios (Summary) -NIKE Nike Inc.‚ liquidity ratios | May 31‚ 2012 | May 31‚ 2011 | May 31‚ 2010 | May 31‚ 2009 | May 31‚ 2008 | May 31‚ 2007 | Current ratio | 2.98 | 2.85 | 3.26 | 2.97 | 2.66 | 3.13 | Quick ratio | 1.82 | 1.94 | 2.32 | 1.93 | 1.68 | 2.07 | Cash ratio | 0.97 | 1.15 | 1.53 | 1.05 | 0.84 | 1.10 | Source: Based on data from Nike Inc. Annual Reports http://www.stock-analysis-on.net/NYSE/Company/Nike-Inc/Ratios/Liquidity#Ratios-Summary
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Project Appraisal Concept of Project Appraisal Project appraisal is a generic term that refers to the process of assessing‚ in a structured way‚ the case for proceeding with a project or proposal. In short‚ project appraisal is the effort of calculating a project’s viability.[1] It often involves comparing various options‚ using economic appraisal or some other decision analysis technique. Or in other terms it is Systematic and comprehensive review of the economic‚ environmental‚ financial‚ social
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reward employees to motivate staff to work efficient and experience make filling importance of each employee into company’s culture. The reward system divided into two types’ financial reward (fixed and variable pay) and non-financial reward (recognition‚ praise‚ achievement and professional development). Financial reward Financial reward subdivided into three categories. First one is Base pay. Where employee ’s initial rate of wages which does not include additional lump sum compensation or increases
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