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HRM and Performance Appraisal Process

   

Added on  2023-01-19

23 Pages6338 Words82 Views
HRM and Performance
Appraisal Process

EXECUTIVE SUMMARY:
This project which is based on a case of improving performance appraisal process for
providing a fair promotion opportunity. It has shown reasons and consequences of unfair
performance appraisal. For removing the problem which financial security investment is facing,
HR recommended some ways of improving the process along with criteria on which basis
performance of employees will be measured.

Contents
EXECUTIVE SUMMARY:............................................................................................................2
INTRODUCTION...........................................................................................................................1
PROJECT 1......................................................................................................................................2
Evaluation of current performance appraisal process at the financial security investment. . .2
Recommendation of changes need to improve the process of performance appraisal...........5
Development a goal setting table with 3 deliverables............................................................7
Analyses of which HRM area is involved in this case...........................................................8
PROJECT 2....................................................................................................................................10
1. a) Job Analysis.................................................................................................................10
b) 4 stages of job analysis.....................................................................................................10
c) Job analysis investigation.................................................................................................11
2. a) Organisational empowerment.......................................................................................11
b) Strategies adopted for empowerment...............................................................................12
c) Some of the top empowerment activities followed in UK...............................................12
d) Obstacles in empowerment..............................................................................................13
3. Employee engagement in a company...............................................................................13
4. a) HR manager strategies to hire staffing officer.............................................................14
b) Recruitment process.........................................................................................................15
5. a) Requirement for change and steps involved in the change..........................................16
b) Resistance and reasons for minimising resistance...........................................................16
CONCLUSION..............................................................................................................................17
REFERENCES..............................................................................................................................18

INTRODUCTION
HRM and performance appraisal process plays an important role as it helps the company
in motivating employees by promoting them on the basis of measuring their actual performance
with desired or established standards. Organizational empowerment is a procedure of making
able to employees to adopt new behaviours and work collaboratively to improve products and
service quality (Noe and et.al., 2017). Present study will be divided in 2 projects. Project 1 is
based on a case and project 2 is question based. The main focus on both projects in upon
performance appraisal issue and job analysis. Project 1 will show about the importance of
performance appraisal process as it helps the company to give fair and equal opportunity and
appraisal on the basis of their actual performance. It will also discuss about 2 changes related to
performance appraisal along with goal setting table with 3 deliverables. All these documents help
Financial Security Investments to care and give a fair promotion opportunity to employees.
Project second is going to explain about job analysis along with information’s required in job
analysing investigation. This project shows more about the importance of organizational
empowerment that helps an organization for developing talent and transforming an attractive
working culture. Further, it will also discuss about employee engagement and their relationship
with recruitment process. An effective process of recruiting skilled workforce help out the
company in engaging employees and retaining them. Lastly, this project explains steps which are
involved in organizational change model that is required by company to consider.

PROJECT 1
Evaluation of current performance appraisal process at the financial security investment
Performance appraisal can be defined an important document that is being used in several
industries for evaluating employees’ performance on the basis of their work quality. The main
aim of using this document is to increase the work quality and promote employees on the basis
of employees’ actual performance and remove biasness. In this case, it is evaluated that Brooks
who was one of the fairest manager at financial security investment for almost7 years. After
some years he felt that he was being ignored and was not getting promotions on the basis of
performance. By using performance appraisal steps and document, financial security investment
industry can solve the problem of performance appraisal. It is important to solve this problem
with the help of performance appraisal process because this company and industry is facing the
problem of labor turnover due to inappropriate performance evaluation process. There are mainly
5 steps included in an effective performance appraisal process that can be used at financial
security investment such as:

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