FINDINGS

Confidential performance appraisal system is being followed by the company.

Performance appraisal is followed once in an year.
Most of the respondents (66%) come under the age group of 35-45 years.
Most of the respondents (46%) have completed graduation.
More numbers of respondents (74%) have 5-10 years of experience.
Most of the respondents are satisfied with present performance level.
It is found from the research that performance appraisal is one of the important factor
which determines promotion.
Performance appraisal system helps to personal development of an employee.
More number of respondents feel performance appraisal system gives job satisfaction.
It is found from the research that discipline and attendance, job knowledge, relationship
with supervisor, hard work and communication skills are most necessary factors for performance
appraisal.
Most of the respondents expect advice (39%) and motivation (39%) from the company to
improve performance level.
Most of the respondents (34%) are highly satisfied with present performance appraisal
system followed by company.
It is found from the research that most of the respondents (34%) agreed that performance
appraisal gives additional responsibility of job.
RECOMMENDATION


The existing appraisal system can be incorporated with additional methods like 360
degree appraisal system. Company. By adopting this kind of system, it will be easy to
measure the performance of the executives precisely and accurately.

Executives feedback about the promotion can be extracted. By extracting the feedback
from the executives the company can find out the steps that must take to avoid errors in
the appraisal process. So the performance appraisal can be more accurate.

The motivational aspect of promotion can be further recognized. In order to induce the
executives to perform better. The company can introduce training programs which will
enable them to achieve the goals of the company.

The company should motivate and advice to the employee for the better performance.

It is suggested from the research that the company should arrange training programme for
the growth of the employees.

Employees should be rewarded and awarded for their better performance.