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Projet On Performance Appraisal System

OBJECTIVES OF THE PROJECT

• This project has been undertaken to share my experiences on Performance appraisal system as well as to enhance my understanding of this fascinating subject by doing some study & research.

• The project explains the meaning of Performance Appraisal, different methods used to evaluate the performance of employees, its effective implementation and the benefits of the system.

• It also aims at understanding the problems associated with performance appraisal and suggests measures to be adopted to overcome these issues.

• Overall objective of the project is to understand the effectiveness of performance appraisal system.
SCOPE OF THE PROJECT

This project report covers the definition and meaning of Performance Appraisal. It elucidates the benefits and drawbacks of the traditional methods as well as recent advances in the field of performance appraisal.

The project throws light on the concern areas for different people involved in the appraisal process and attempts to find out ways to overcome those problems.

Appraisees and appraising managers have both been given guidelines in evaluation process and subsequently the review meeting. It emphasizes how this approach will help the appraisees by giving them an opportunity to assess and correct areas that their supervisors feel may have overlooked. Such incidences do happen due to personal likes and dislikes of superiors. The system can help management to take informed decisions on pay-hikes and career enhancement for their employees.

Few formats of the performance appraisal forms have been included in the project to show the way different companies are evaluating the performance of their employees.

Thus, through this project report one can:

❖ have a reasonable understanding of the term performance appraisal;

❖ understand what needs to be done for its effective implementation;

❖ know the key areas of performance indicators;

❖...