performance appraisal (mba summer training project)
TRANSCRIPT
Performance Appraisal In SOLITAIRE INFOSYSSeminar For The
Partial Submission of
SUMMER TRAINING PROJECT
DEPARTMENT SCHOOL OF MANAGEMENT STUDIESPUNJABI UNIVERSITY, PATIALA (2015-17).
Submitted By:-Jastinder Pal Singh 15421163
ABOUT COMPANY
• SOLITAIRE INFOSYS is a leading Software and Web Application Development Company, based in Mohali (Chandigarh), that provides high quality comprehensive services to enterprises across a wide range of platforms and technologies. Our major areas of expertise are in providing quality, cost effective software or web development.
• Established in 2011• Main office in Sahibzada Ajit Singh Nagar, Mohali• Other than Mohali company have a branch in Patiala
Website Design Web Development Mobile Applications
Digital Marketing Maintenance
Website Designing Services
Php Development Unity 3D SEO Services App Maintenance
PSD To XHTML Conversion
.Net Development Phone Gap SMO Services CMS App Maintenance
WP Theme Customization
CMS Development Iphone App Development
PPC ERP Maintenance
Flash And 3D animation
E-Commerce Development
Android App Development
Email Marketing Website Maintenance
Logo & Identity Design
Window App Development
Services :-
OBJECTIVE OF THE STUDY• To know the attitude and behavior of the employees of
SOLITAIRE INFOSYS
• To study about the various performance appraisal techniques, uses, etc.
• To understand the working environment of SOLITAIRE INFOSYS.
Project : Performance Appraisal in SOLITAIRE INFOSYS
Purpose of the Study:
1. In general, the purpose of the study is to know the system of performance appraisal in SOLITAIRE INFOSYS.
2. Besides, the purpose of the study is to fulfill the partial requirement of training.
3. To understand satisfaction among employees of SOLITAIRE INFOSYS.
PERFORMANCE APPRAISALPerformance appraisal is the assessment of individual’s
performance in a systematic way. It is a developmental tool used for all round development of the employee and the organization. The performance is measured against such factors as job knowledge, quality and quantity of output, initiative, leadership abilities, supervision, dependability, co-operation, judgment, versatility and health.
It is : 1) Goal oriented2) Result oriented3) Enhance the performance4) Achieve the organizational goals
OBJECTIVES OF PERFORMANCE APPRAISAL
• To maintain records of wages, salary raise etc.• To identify strength and capabilities of employees.• Overall feedback about employees.• To review training and promotional benefits.
ADVANTAGES OF PERFORMANCE APPRAISAL• Promotion• Compansation• Employees Development• Selection Validation• Communication
GOALS OF PERFORMANCE APPRAISALGeneral Goals Specific Goals
Developmental Use Individual needs, Performance feedback, Transfers and Placements, Strengths and Development needs
Administrative Decisions / Uses
Salary ,Promotion, Retention / Termination, Recognition, Lay offs, Poor Performers identification
Organizational Maintenance
HR Planning , Training Needs, Organizational Goal achievements, Goal Identification, HR Systems Evaluation, Reinforcement of organizational needs
Documentation Validation Research , For HR Decisions
USES OF PERFORMANCE APPRAISAL• Performance improvement • Compensation adjustments• Placement decisions• Training and development needs• Career planning and development• Staffing process deficiencies • Informational inaccuracies• Job design errors • Equal employment opportunity• External challenges• Feedback to human resources
PERFORMANCE APPRAISAL PROCESS
Categories Traditional AppraisalsModern Appraisals
Systems
Guiding ValuesIndividualistic, Control
oriented, Documentary
Systematic,
Developmental, Problem
solving
Leadership Styles Directional, Evaluative Facilitative, Coaching
Frequency Occasional Frequent
Formalities High Low
Rewards Individualistic Grouped, Organizational
APPRAISALS MEASURMENT METOHODSPAST ORIENTED METHODS FUTURE ORIENTED METHODS
1. Rating Scales2. Checklist3. Forced Choice Method4. Forced Distribution Method5. Critical Incidents Method6. Behaviorally Anchored Rating Scales7. Field Review Method8. Performance Tests & Observations9. Confidential Records10.Comparative Evaluation Method
(Ranking & Paired Comparisons)
1. Management by Objectives
2. Psychological Appraisals3. Assessment Centers4. 4.360-Degree Feedback
About Research
• Research Design : Exploratory as well as Conclusive
• Sample Size : 20
• DATA COLLECTION: – Primary Data through Questionnaire– Contact Method– Personal Interaction
Responses of Employees 1. Are you aware with the current “Performance Appraisal system” of SOLITAIRE INFOSYS?(a) Yes (b) No
2. Performance Appraisal of Employee Is Assessed By(a)Point system (b)Mark system(c)Grade system (d)Not aware
3. Task setting by appraise and appraiser provides objective while appraising the performance appraisal of the appraise.(a)Agree (b) Partially agree(c)Neutral (d) disagree
4. Whether the quarterly task setting assignment completed (a)Yes (b)No
5. Self-Appraisal System proves to be effective while appraising the appraise.(a)Agree (b)Partially agree(c)Neutral (d) Disagree
6. Who in your opinion should be the responsible for ensuring objectivity and reducing biasness the “Performance Appraisal” system?(a)Appraise andAppraisee.(b)Appraiser, Appraisee& peer.(c)Appraiser, Appraisee, Peers, & Subordinates.
7. Skill possessed by an Appraiser vary as the moves from one grade to another.(a)Agree (b) Partially agree(c)Neutral (d) Disagree
8. Are you getting regular feedback on your performance from your Appraisal?(a)Yes (b) No
9. Feedback is beneficial for improving your performance.(a)Agree (b) Partially agree(c)Neutral (d) Disagree
10.Current “Performance Appraisal” system is an effective tool for evaluating the employee‘s performance.(a)Agree (b) Partially agree(d)Neutral (d) Disagree
11. Does current “Performance Appraisal” system reflect the training needof an employee?(a)Yes (b)No
12. What is your opinion is the relevance “Performance Appraisal” system?(A)Deciding promotion (b) Deciding incentives(c) Training & development (d) programme Succession planning
13.The existing “Performance Appraisal” system ensures due recognition talented employee in terms of promotion, rewards and others(a)Agree (b) Partially agree(c) Neutral (d) Disagree
14. Do you think that existing “Performance Appraisal” system is help full in wholesome development of employee?
(a) Agree (b) Partially agree(c)Neutral (d) Disagree
15. Are you satisfied with the current “Performance Appraisal” system?(a)Yes (b) No
16. Would you say management is responsible to you?(a)Innovativeness (b) Personal problem(c)Official problem (d) Career aspiration
Conclusions
There should be-
• Transparent career planning for all officers.• Informal calling as and when they need.• Giving chance in decision making.• Reward for employee work.• Proper interactions with seniors.• Effective training and development programs should be held.• Improve competency of the workers.• The company should concentrate more on individual
development.