Xavier institute of management‚ bhubaneswar Effectiveness of Performance Appraisal in IT Companies SRM Project Report Prepared for Dr. Prahlad Mishra Professor‚ Xavier Institute of Management Prepared by Aditya Nair – UH13019 Divya Modi – UH13016 Sneha Gopalan – UH13049 Somrita Sen – UH13050 Tapas Chakrabarti – UH13056 Tarun Kaushal – UH13057 Uday Kumar – UH13058 PGDM HRM I Acknowledgement We would like to extend our heartfelt gratitude to Professor P. Mishra for giving us an opportunity to
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October 25‚ 2014 HSM/220 Performance Appraisal System Performance appraisal systems are extremely important in an organization and depends mostly on the work there employees do. These systems allow tracking the progress and success of your employees. It is also a great tool for the employees to track their progress. It allows both managers and subordinates to see how their strength‚ and their weak points
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analysis of credit appraisal system with reference to Axis Bank. Axis banks one of private sector banks in India‚ which provides loans and advances when it is required by individuals or companies and accepts the deposits from the public. while providing loans advances to the public it faces number of problems like : * Of interest loans * Default interest security inadequate OBJECTIVES: * To study the credit appraisal methods. * To study existing credit appraisal system . * To understand
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CHAPTER – 1 2-9 • Introduction • Need for the study • Objectives of study • Scope of study CHAPTER – 2 10-31 • Company Profile • Industry Profile CHAPTER – 3 32-66 • Research Methodology • Primary Data • Secondary Data • Review Literature • Data Analysis & Interpretation CHPATER – 4
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In some organizations performance appraisal (PA) and performance management systems are treated as unnecesary or routine job. But the evaluation of of employees’ job performance is vital human resources function and of critical importance to the organization. In work organizations performance measurement typically takes place in the form of formal performance appraisals‚ which measure worker performance in comparison to certain predetermined standards. Performance appraisals serve many purposes for
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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
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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 are the
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INTRODUCTION 3. OBJECTIVE OF PERFORMANCE APPRAISAL 4. DEVELOPING THE PERFORMANCE APPRAISAL SYSTEM 5. INTRODUCING & OPERATION OF PERFORMANCE APPRAISAL SYSTEM 6. MONITORING & EVALUATING PERFORMANCE APPRAISAL 7. PROCESS OF PERFORMANC APPRAISAL 8. PERFORMANCE CRITERIA 9. BENEFITS OF PERFORMANCE APPRAISAL 10. CONSTRAINTS 11. NEW TRENDS IN PERFORMANDE APPRAISAL SYSTEM 12. 360o APRAISAL SYSTEM OR FEEDBACK 13. NEW APPRAISAL SYSTEMS LEARNING OBJECTIVES This lesson
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Performance Appraisal Systems and Succession Planning Dale Feekes Western Governor’s University Slide 1 Benefits of Performance Appraisal Systems Performance appraisal is considered to be an essential element of human resource management (HRM). Benefits of performance appraisal comprise improvement of communication amid the employees along with the management‚ encouragement of team work and greater ability of decision-making (Bigelow‚ 2013). Optimal Results of a Well-Prepared and Well-Delivered
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Performance Appraisal (or evaluation) - is the HRM activity used to determine the extent on which the employees are performing the job effectively. Performance appraisal should also be viewed as a system of highly interactive processes which involve personnel at all levels in differing degrees in determining job expectations‚ writing job descriptions‚ selecting relevant appraisal criteria‚ developing assessment tools and procedures‚ and collecting interpreting‚ and reporting results. Performance
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