2 Capital Mean? A term used to describe the capital adequacy of a bank. Tier II capital is secondary bank capital that includes items such as undisclosed reserves‚ general loss reserves‚ subordinated term debt‚ and more. operating Ratio - A performance measurement for insurers which shows the sum of expenses and losses expressed as a percentage of premium. Operating Ratio [pic] What Does Operating Ratio Mean? A ratio that shows the efficiency of a company’s management by comparing operating
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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
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Anum Ameer Fatima Shahid Sheema Atta Section H Submitted on 1st November‚ 2010 Table of Contents Chapter 1: Introduction 2 Background 2 Overview of topic 5 Significance Of the study: 10 Research objectives: 11 Operational Definitions 11 Problem statements 17 Research Questions and Hypothesis 18 Theoretical frameworks 21 Chapter 2: Literature review: 21 Chapter 3: Methodology 30 References 32 Chapter 1: Introduction Background Human Resource Management (HRM) is the term used to describe
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Introduction Performance appraisal is defined by Mathias‚ Jackson (2005‚ p106) as ‘the process of evaluating how well employees perform their jobs as compared to a set of standards‚ and then communicating that information to those employees.’ This evaluation or review is usually carried out periodically. A performance appraisal usually forms an integral part of an organization’s Performance Management System‚ and although there are criticisms against performance appraisals‚ its many advantages
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Brief Background on Merck & Co. Performance Appraisal System The past and existing performance appraisal of Merck & Co. was ineffective to identify and reward performance to a certain extent. Although the company was paying their employees around seven to eight percent more than the average compensation in other large companies‚ the performance appraisal system did not clearly identified outstanding performance‚ which caused inequity in rewarding performance and led to unhappiness among the
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INTRODUCTION OF PERFORMANCE APPRAISAL Every year employees experience an evaluation of their past performance. Employees generally see these evaluations as having some direct effect on their work lives. They may result in increased pay‚ a promotion‚ or assistance in personal development areas for which the employee needs some training. As a result‚ any evaluation of employee’s work can create an emotionally charged event. Because the performance evaluation is not the simple process
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component of an effective performance appraisal system.(1) Research in organizational behavior clearly demonstrates that employee attitudes influence behavior‚(2) and participant attitudes toward performance appraisal systems are no exception.(3) The attitudes of system participants play a key role in both the short and long term success of a performance appraisal system.(4) The goal of this research is to identify the characteristics of municipal government performance appraisal systems that are associated
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By. Juan Skavani Mahaganti Pasca Sarjana Universitas Klabat. DEFINITION According to Grote (2002)‚ Performance Appraisal (PA) is a formal management system that provides for the evaluation of the quality of an individual s performance in an organization. Mostly are done by immediate supervisor (see also Nakervis and Leece‚ 1997). The procedure typically requires the supervisor to fill out a standardized assessment from that evaluates the individual on several different dimensions and the discusses
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How to Use Performance Appraisals to Motivate Employees By Ken Lloyd from Performance Appraisals and Phrases For Dummies Motivation is the process that energizes employees and propels them to pursue their goals. Well-designed and well-executed performance appraisals have a strong motivational impact. Appraisals have the power to motivate employees because they provide a number of interconnected benefits: They demonstrate the need for improvement. If employees don’t have a clear understanding
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needed. How accurate and reliable are these surveys? Are skills shortages as serious as many of them suggest? Here we argue that there could be serious flaws in existing survey evidence. Measuring the demand for skills is beset with methodological problems and the approach adopted in many surveys is likely to be inaccurate and misleading. Firstly‚ it is generous in its measurement of skill shortages. The criterion for reporting that an employer is suffering from a skill shortage
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