Essays on Performance Appraisal

What is performance appraisal and why is it important? Performance appraisal is the process through which employee performance is assessed, feedback is provided to the employee, and corrective action plans are designed. (Youssef, C. (2012)) The main objective of performance appraisals are to evaluate a employee’s work performance, they are also important for organizations to…

Developing a procedurally Just performance appraisal process When organizations make decisions about people, such as whom to hire or promote, appraisal ratings or merit raise to give, or how important that the decisions are seen as fair and just. Research has shown that at least two aspects of justice influence employees’’ job satisfaction and organizational…

Syarikat Zumaju’s Managing Director, Ariffin, sat at his desk planning what he was going to say to Jo, the Factory Manager, with whom he would be holding his annual performance review in a few minutes. Ariffin disliked these reviews because it was very difficult telling people about thier weakness. When Jo knocked on the door,…

Performance appraisal is a method which is increasingly used to evaluate employees to determine the degree to which they are performing effectively and encourage them to direct their energies towards organizational performance. Although the appraisal is being practiced, there are criticisms made against the system which generally arise from within the Orthodox and radical management…

The introduction of performance appraisal and the continuous application of such process whether to maximize time efficiency, asses an employee’s capacity, or define rewards and awards an employee must have, brings debate over different company circles within different companies across the globe. On one hand, a circle that believes that time management increases the potential…

Management by Objectives ( MB0 ) It is a procedure where the employees and the higher-ups come together to place some ends which are common to them, the employees set their ain ends to be achieved, the benchmark is taken as the standards for mensurating their public presentations and their engagement is at that place…

While public presentation assessment systems ( PAs ) are great incentives of employees, they can besides help administrations in the accomplishment of their aims. Harmonizing to Wayne F. Cascio people are “ the most critical of all resources, in work scenes ” ( Cascio 2010 ) . In order to optimize organizational end products it,…

Kerr’s observation on “The folly of rewarding A while hoping for B is true today, simply illustrates the sometimes fouled up rewards systems that most companies have in place. Fouled up in the sense that most companies wrongly reward not so positive behaviours while hoping and expecting for better ones. Kushell, E. , Michael A,…

Frits Seegers, President of Citibank California, was meeting with his management team to review the performance evaluation and bonus decisions for the California branch managers. James McGaran’s performance evaluation was next. Frits felt uneasy about this one. McGaran was manager of the most important branch in the Los Angeles area, and his financials were impressive….

INTRODUCTION One of the renowned names in Bangladesh financial market is Industrial Development & Leasing Company (IDLC) of Bangladesh Limited. It started its operation in the year 1985 as the pioneer leasing company to facilitate lease-financing and capital investment in industrial sector with the view of “Become the best performing and most innovative financial solutions…