A Research Paper On "Study of Employee'S Performance Management System
A Research Paper On "Study of Employee'S Performance Management System
A Research Paper On "Study of Employee'S Performance Management System
BAGUL (424-429)
D. B. Bagul, Ph. D
Abstract
Managing human resources in today's dynamic environment is becoming more and more
complex as well as important. Recognition of people as a valuable resource in the
organization has led to increases trends in Employee maintenance, job security, etc.
Research deals with "Performance Appraisal" as carried out in LARSEN AND TOUBRO
(EWAC ALLOYS LIMITED). In this report, I have studied & evaluated the performance
appraisal process as it is carried out in the company.
The first section of paper deals with a detailed company profile. It includes the company's
history, its activities and operations, organizational structure, etc. This section attempts to
give detailed information about the company and the nature of its functioning.
The second section deals of researchwith performance appraisal. In this section, I have given
a brief conceptual explanation of performance appraisal. It contains the definition, process
and significance of performance appraisal.
In the third section of my research, I have conducted a research study to evaluate the
performance management system L & T (EW AC). This section also contains my findings,
conclusions, suggestions and feedback.
Keywords: Performance, appraisal, year, training, development, senior, Superior,
Subordinate
INTRODUCTION: Once the employee has been selected, trained and motivated, then he /
she is appraised for his performance. Performance is the step where the management finds
out how effective it has been at hiring and placing employee. If any problems are identified,
steps are taken to communicate with the employees and to remedy them. A "Performance
Appraisal" is a process of evaluation an employee's performance of a job and in terms of its
requirements.
Performance Management is the process through which managers ensure those employee's
activities outputs contributes to the organization's goal. This process requires knowing what
activities are desired, observing whether they occur, and providing feedback, managers and
employees meet expectations. In the course of providing feedback, managers and employees
may identify performance and establish ways to resolve those problems.
Performance Appraisal is an important part of performance management. In itself it is not
Performance Management, but it is one of the ranges of tools that can be used to manage
performance. Because it is most usually carried out by line Managers rather than HR
Professionals, it is important that they understand their role in Performance Management and
how performance appraisal contributes to the overall aims of Performance Management. But
on the contrary with a systematic feedback system, the Manager can identify good and bad
performers. Performance Appraisal can also be taken as one aspect of motivating applied in
organization context. Job Performance is partially determined by the motivation to work hard.
Vicher Vroom a motivational theories suggested that,
Performance= Ability x skill
PERFOMANCE APPRAISAL
Performance appraisal IS the process of obtaining, analysis and record in information about
the relative worth of an employee. The focus of the performance appraisal is measuring and
improving the actual performance of the employee and also the future potential of the
employee. Its aim is measure what an employee does.
Definition:-
" Alford and Beatty- "A performance appraisal is the evaluation or appraisal of relative
worth to the company of man’s services on his job
Wayne Cascio- "Performance appraisal is the systematic description of an employee's job
relevant strengths and weaknesses' '.
Performance Appraisal process is incomplete without the feedback given to the employee
about his appraisal and his performance. But the way of giving as well as receiving the
feedback differs from person to person and their way of handling and the outlook towards the
issue.
According to a popular saying
"A SUCCESSFUL MAN'IS ONE WHO CAN LAY A FIRM FOUNDATION WIT]
THE BRICKS OTHERS HAVE THROWN AT HIM".
Performance appraisal should provide answers to important questions for both the employee
and the organization.
"How well am I doing?”
"How can I do better?”
"How well are our employees doing individually and collectively?"
OBJECTIVES OF THE RESEARCH
1. To Study of Performance Management Systems in L&T
2. To examine why an appraisal system is important.
3. To study existing appraisal system.
4. To find the expectation of appraiser and appraise.
5. To determine the satisfaction level of theappraise.
SCOPE OF THE STUDY:-
To help each employee understand more about their role and become clear abo their
functions.
To be instrumental in helping employeesto better understand their strengths and weaknesses
with respect to their role and functions in the organization.
To help in identifying the developmental needs of employees, given their role andfunction.
To increase mutuality between employees and their supervisors so that eve employee feels
happy to work with their supervisor and thereby contributes the maximum to the
organization.
1. To act as a mechanism for increasing communication between employees and their
supervisors. In this way, each employee gets to know the expectations of their superior, and
each superior also gets to know the difficulties of their subordinates and can try to solve
them. Together, they can thus better accomplish their tasks.
2. To provide an opportunity to each employee for self-reflection and individual goal setting,
so that individually planned and monitored development takes place.
To help employees internalize the culture, norms and values of the organization thus
developing an identity and commitment throughout the organization.
Reference
BOOKS
Human Resource Management - S. D. Geet (By Nirali Prakashan)
Human Resource Management - K Ashwattapa5thEdition
Research Methodology -Dr. Mahesh Kulkarni (by Nirali Prakashan)
Research Methodology - By C.V. Kothari
Industrial relation & Human Resource Management - P. Shobha Rao
HRM Review
Organization Journals:
Organization Magazine
WEBSITE
www.larsentoubro.com
www.google.com