logo

Project Report on Performance Appraisal System

   

Added on  2021-06-22

47 Pages3712 Words641 Views
PROJECT REPORT STUDY AND EVALUATION OF PERFORMANCE APPRAISAL SYSTEM, IFFCO, NEW DELHI Submitted in the partial fulfillment of the requirement for the award of degree of MASTER OF BUSINESS ADMINISTRATION Under the Guidance of: Submitted by: Mrs. SASMITA BIRABAR ADITYA SHARMA PGDM(HRM) XAVIER INSTITUTE OF MANAGEMENT, BHUBANESHWAR

2 DECLARATION I hereby declare that this project report on “Study and Evaluation of Performance Appraisal at IFFCO” has been completely prepared by me as a part of my summer training project. This report is the outcome of my efforts and has not been submitted anywhere else. The contents of this report are fully verified as per my knowledge.

3 ACKNOWLEDGEMENT It is a matter of great pleasure to thank all those people who helped me in completing this project successfully otherwise it would not have been possible. Acknowledgement is not only a ritual, but also an expression of indebtness to all those who have helped in the completion of this project. I would like to express my deepest thanks to my project guide Mrs. Sasmita Birabar, for her guidance and constant encouragement which she extended to me throughout my project. I would also like to thank Mr. S.C. Gupta for his valuable inputs. Last but not the least, I would like to acknowledge the ongoing support of my family and friends, whose patience and encouragement has been paramount in making this project a reality.

4 PREFACE A performance appraisal (PA) or performance evaluation is a systematic and periodic process that assesses an individual employee’s job performance and productivity in relation to certain pre-established criteria and organizational objectives. Other aspects of individual employees are considered as well, such as behavior, accomplishments, potential for future improvement, strengths and weaknesses, etc A central reason for the utilization of performance appraisals (PAs) is performance improvement (“initially at the level of the individual employee, and ultimately at the level of the organization”). Other fundamental reasons include “as a basis for employment decisions (e.g. promotions, terminations, transfers), as criteria in research (e.g. test validation), to aid with communication (e.g. allowing employees to know how they are doing and organizational expectations), to establish personal objectives for training” programs, for transmission of objective feedback for personal development, “as a means of documentation to aid in keeping track of decisions and legal requirements” and in wage and salary administration. Additionally, PAs can aid in the formulation of job criteria and selection of individuals “who are best suited to perform the required organizational tasks”. A PA can be part of guiding and monitoring employee career development. PAs can also be used to aid in work motivation through the use of reward systems.

5 INDEX Topic Page Number 1.Objective of study 7 2.Company profile 8-11 3.Introduction to topic 12-14 4.Performance appraisal at IFFO 15-19 5.Research methodology 20-21 6.Data analysis 22-36 7.Conclusion and recommendations 37-40 8.Findings 41-42 9.Bibliography 43 10.Annexure 44-47

6 OBJECTIVE OF STUDY

7 OBJECTIVE OF STUDY Any survey report begins with stating the objectives of the study: therefore, the first step in the survey analysis deals with the objectives. Next, the methodology adopted to collect the information required will be dealt with, that is, the survey design will be described. Generally, data sources include primary and secondary sources. Primary data sources can provide a range of information and therefore should be consulted first. If they don’t provide necessary information for the research then secondary data is to be collected. MAIN OBJECTIVES OF THE STUDY To study the current performance appraisal system of the organization and identify the gaps between the current state and the desired state.To find out the performance dimensions relevant to the strategic plan of the company.To identify the potential areas for the scope of improvement in the current system and thereby in the organizational performance.To study the implications of an effective performance appraisal system on the productivity of employees and the organizational performance as a whole.To identify the key performance indicators and critical success factors for achieving organizational excellence.

8 CHAPTER : 1 INTRODUCTION TO COMPANY

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
MBAEH18301 - Human Resource Planning and Audit - Report
|28
|7098
|33

Mookambika Cashew Industry organizational Report
|28
|6970
|47

Chetana's Institute of Management l Assignment
|44
|6718
|14

Summer Tarining Report Assignment
|37
|6413
|927

Professional Qualification in Human Resource Management
|108
|20804
|223

A case study of Partex Denim
|83
|19852
|24