PERFORMANCE APPRAISAL IDBI FEDERAL LIFE INSURANCE CO. LTD. CHENNAI PERFORMANCE APPRAISAL SYSTEM AT IDBI FEDERAL LIFE INSURANCE CO. LTD. SRUTI JAYARAMDAS 10BSPHH010800 11 PERFORMANCE APPRAISAL A REPORT ON “PERFORMANCE APPRAISAL SYSTEM AT IDBI FEDERAL LIFE INSURANCE CO. LTD.” By SRUTI JAYARAMDAS 10BSPHH010800 A REPORT SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS OF MBA PROGRAM OF IBS HYDERABAD DISTRIBUTION LIST: MR. G. SURESH (Faculty Guide) MRS. SHANTHI
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INTRODUCTION Performance appraisal has been one of the most-debated management practices for several decades. It has generated a wide variety of viewpoints. There are those who see performance appraisal as making an important contribution to human resource management‚ in that organizations require systematic information on how well employees are performing in their jobs as a key element in ensuring that human resources are used as effectively as possible. Employees at all levels experience a need to know
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PERFORMANCE APPRAISALS (Full Details) Definition 1: Systematic Evaluation “It is a systematic evaluation of an individual with respect to performance on the job and individual’s potential for development.” Definition 2: Formal System‚ Reasons and Measures of future performance “It is formal‚ structured system of measuring‚ evaluating job related behaviors and outcomes to discover reasons of performance and how to perform effectively in future so that employee‚ organization and society
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Covering Letter “PERFORMANCE APPRAISAL SYSTEM AND ITS EFFECTIVENESS IN AN ORGANISATION” TRAINING REPORT OF SUMMER TRAINING‚ UNDERTAKEN AT “FEDERAL MOGUL GOETZE INDIA LTD.‚ BAHADURGARH‚ PATIALA” SUBMITTED IN PARTIAL FULFILLMENT OF THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION COMPANY CERTIFICATE Gian Jyoti Institute of Management & Technology Page92 CERTIFICATE BY PROJECT GUIDE This is to certify that the project entitled”PERFORMANCE APPRAISAL SYSTEM AND ITS EFFECTIVENESS
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ZENITH International Journal of Multidisciplinary Research Vol.1 Issue 4‚ August 2011‚ ISSN 2231 5780 THE NEED OF ‘720 DEGREE PERFORMANCE APPRAISAL’ IN THE NEW ECONOMY COMPANIES ANUPAMA*; MARY BINU T.D.**; DR. TAPAL DULABABU*** *Asst. Professor‚ The Oxford College of Business Management‚ No.32‚ 19th Main‚ 17th „B‟ Cross‚ Sector IV‚ HSR Layout‚ Bangalore 560102. ** Asst. Professor‚ The Oxford College of Business Management‚ No.32‚ 19th Main‚ 17th „B‟ Cross‚ Sector IV‚ HSR Layout‚ Bangalore
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City Topic: Performance Appraisal (1) According to Edwin Flippo‚ "Performance Appraisal is the systematic‚ periodic and impartial rating of an employee’s excellence‚ in matters pertaining to his present job and his potential for a better job." (2) According to Dale Beach‚ "Performance Appraisal is the systematic evaluation of the individual with regards to his or her performance on the job and his potential for development." APPRAISAL PROCESS The Performance Appraisal process involves
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contributions to the success of an organisation vary. In an effort to quantify the contributions made by employees to an organisation‚ Human resource managers carry out what is referred to as performance appraisal. Different scholars have defined performance appraisal differently. Aswatappa‚ K(2007:226) defines performance appraisal as the assessment of an individual’s performance in a systematic way‚ the performance being measured against such factors as job knowledge‚ quality and quantity of output‚ initiative
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Performance Appraisal : A Managerial Viewpoint Nidhi Arora1 Poonam Arora2 Abstract Man is a social animal by nature and to earn his livelihood he has to work. In past‚ earning was required only to satisfy the daily appetite but his needs have increased e xponentially with the passage of time. Now he does not work to earn money; he works so that he can afford luxury. According to Maslow the growth need drives personal growth. Human beings are motivated by unsatisfied needs‚ and that certain
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Performance appraisal is essential for individual employees and those concerned with their performance‚ to discuss an individual’s performance and development‚ as well as the support required from the manager. A performance appraisal system serves a dual purpose. It is to help both the organization and the employee. For an organization to be successful it must know how their employees are performing. There should be a system in place to evaluate the employees. This system should also be a way
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an organization lies in the system of performance appraisal adopted in that organization. This‚ in turn‚ reflects the extent of the individual contributions and commitment of the employees in different hierarchical levels towards the achievement of organizational goals. Generally‚ it is admitted that an effective performance appraisal can lead an organization to take strides towards marked success and growth. Conversely‚ an ineffective performance appraisal system can seal the fate of an organization
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