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Study on performance appraisal system in HPCL

OBJECTIVES OF STUDY
A) Primary Objectives
1)To study the performance appraisal system in different organization.
2)To study the transformation of performance appraisal form traditional tomodern.
3)To get an insight into the relative importance of performance appraisal inorganization.
4)To study the effectiveness of performance appraisal system in differentorganization.
5)To study the practical application of performance appraisal.
6)To compare appraisal system of different organization and find out themost common parameters for appraisal.
7)How can companies use performance appraisal as an effective tool toachieve organisational effectiveness and efficiency.


B) Secondary Objectives.
1)To observe the work environment in organization.
2)To get experience and expertise in making projects.
3)To enhance my communication skills.
4)To increase my confidence.


OVERVIEW
1. Identify key performance criteria Development of key performance criteria should be based on a comprehensive job description and undertaken in consultation with employees.


2. Develop appraisal measures
In order to obtain accurate and valid performance appraisals, appraisal measures should be
tailored to the specific job or “job family” (i.e., groups of similar jobs). An evaluation of factors in the work environment which help or hinder performance is also recommended. This ensures that realistic expectations are set for employee’s performance, and is also
likely to increase the perceived fairness and acceptability of performance appraisals.


3. Collect performance information from different sources Traditionally, it has been the sole responsibility of managers / supervisors to assess performance. However, other organisational members (e.g., clients,