SYNOPSIS OF PROJECT WORK
“ EMPLOYEE PERFORMANCE APPRAISAL
SYSTEM AND ITS EFFECTIVENESS
IN
BSES YAMUNA POWER LIMITED”
Submitted by:
DINESH RAWAT
Enrollment No.081164249
Area of Specialization – HR
Questionnaire Attached - Yes
Resume of Project Guide - Yes
Phone No. of Project Guide -
Date of Submission -
WORKING TITLE
“EMPLOYEE PERFORMANCE APPRAISAL SYSTEM AND ITS EFFECTIVENESS
IN
BSES YAMUNA POWER LIMITED”
STATEMENT OF THE PROBLEM
Since organization exist to achieve goals, the degree of success that individual
employees have in reaching their individuals goals is important in determining
organizational effectiveness. The assessment of how successful employees have
been at meeting their individual goals, therefore, becomes a critical part of HRM.
This leads us to the topic of performance appraisal.
There are basically three purposes to which performance appraisal can be put.
First, it can be used as a basis for reward allocations. Decisions as to who
gets salary increases, promotions, and other rewards are determined by their
performance evaluation.
Second, these appraisals can be used for identifying areas where
development efforts are needed. Management needs to spot those
individuals who have specific skill or knowledge deficiencies. The
performance appraisal is a major tool for identifying these deficiencies.
Finally the performance appraisal can be used as a criterion against which
selection devices and development programs are validated. It is one thing to
say, for example, that our selection process is successful in differentiating
satisfactory performers from unsatisfactory performers.
INTRODUCTION
Performance appraisal may be defined as a structured formal interaction
between a subordinate and supervisor, that usually takes the form of a periodic
interview (annual or semi-annual), in which the work performance of the
subordinate is examined and discussed, with a view to identifying weaknesses
and strengths as well as opportunities for improvement and skills development.
In many organizations - but not all - appraisal results are used, either directly or
indirectly, to help determine reward outcomes. That is, the appraisal results are
used to identify the better performing employees who should get the majority of
available merit pay increases, bonuses, and promotions.
By the same token, appraisal results are used to identify the poorer performers
who may require some form of counseling, or in extreme cases, demotion,
dismissal or decreases in pay. (Organizations need to be aware of laws in their
country that might restrict their capacity to dismiss employees or decrease pay.)
Whether this is an appropriate use of performance appraisal - the assignment
and justification of rewards and penalties - is a very uncertain and contentious
matter.
OBJECTIVE AND SCOPE OF THE STUDY
This project aims at studying the system of performance appraisal and its
effectiveness in an organization. Performance appraisal is the most significant
and indispensable tool for the management as it provides useful information for
decision making in area of promotion and compensation reviews.
Thus broad objectives of the study includes:
To know the present system of performance appraisal in BSES Yamuna Power
Ltd.
To know the extent of effectiveness of the appraisal system
To identify and know the area for improvement
To measure the return on investment of time effort and energy for the process
To suggest certain measures for further improvement in the current system
METHODOLOGY
The project work will be carried out in three stages, a structured questionnaire
with objective and question was communicated tested and finalise. During the
second stage, the questionnaire was administered to the employees at BSES
Yamuna Power Ltd. by individually contacting them. The work relating to data
entry compilation, data analysis and report writing constituted the third stage.
Interview index was also used at some places to get information on the project
subject.
The details of the methodology adopted are presented below:
DATA COLLECTION
PRIMARY SOURCES
The Questionnaire
Keeping in view the objective of the study, questionnaire will be designed and
tested on few employees. After getting the proper response and sanction from the
concerned department the questionnaire was finalised. The questionnaire
consisting of five sections.
First section of the questionnaire consisted of personal particulars and the
second section covered questions related to promotion policy. The third section
covered the system of performance appraisal in detail. The fourth section covered
system of communication followed in the organisation and the fifth section
consisted of one subjective question to get detailed input to make this system
more effective, if any.
Sample of the study
The population will be covered for the present study consisted of employee
belonging to supervisory and the level above. For the purpose of this study,
survey covered the employee of BSES Yamuna Power Ltd.. falling under
supervisor and the level above.
SECONDARY SOURCES
Annual Reports
Business Magazines, Journals
Books
Articles from websites
PROPOSED CONTENTS
Chapter 1: Introduction
Chapter 2: Objective and Methodology of the Study
Chapter 3: Company Profile
Chapter 4: Performance Appraisal - Theoretical Review
Chapter 6: Performance Appraisal System in BSES Yamuna Power Ltd.- A
Review
Chapter 7: Analysis and Interpretation of Data
Chapter 8: Conclusion and Suggestions
Bibliography
Annexures
QUESTIONNAIRE
THIS STUDY IS DESIGNED TO GET OPINION ON TH PRESENT SYSTEM
OF PERFORMANCE APPRAISAL. (PROCESS, EVALUATION,
IMPLEMENTATION AND IT’S FOLLOW UP IN THE ORGANISATION)
KINDLY MARK YOUR APPROPRIATE RESPONSE.
PART A
Name: Age:
Department: Designation:
Qualification Total Exp.:
PART B
1. Is the promotion policy well defined in your organisation?
(A) Yes (B) No (C) can’t say
2. How many times you received promotion? (Last three years)
(A) None (B) One (C) Two (D) Three (E) Any other (Pl. specify)
3. Do you suggest any change in the policy? If so why?
4. Merit not recognized
5. Doesn’t define career plan
6. Not integrated with business
7. Heterogeneity within policy for different position
8. Any other (Pl. specify)
PART C
1. What do you think about the APPRAISAL SYSTEM in general?
A. Affair assessment of ability and performance
B. An annual ritual
C. A management gimmick
D. A necessary evil
E. Something useful for the employee and the organisation
F. Any other (Pl. specify)
2. How do you rate the factor / traits of evaluation?
(A) Outstanding (B) V.good (C) Good (D)Satisfactory (E)Poor
3. Is the assessment an on going process?
(A) Yes (B) No (C) can’t say
4. In which following areas (one more than one) does the present system help you to
understand your ability? (Pl. specify.)
A. Planning
B. Problem solving
C. Ability to motivate
D. Identify training needs
E. Communication
F. Role clarity
G. Any other (Pl. specify)
5. Does this system help you in aligning your goal with those of organisation?
(A) Yes (B) No (C) can’t say
6. In your opinion who should appraise you?
A. Your immediate supervisor
B. Department head
C. Appraisal committee
D. Self-appraisal
E. Satisfied with the present system
7. How do you find the appraiser’s approach in appraisal process?
(A) Outstanding (B) V.good (C) Good (D)Satisfactory (E)Poor
8. Is the system linked to monetary bene
9. fit? If yes, does it extend to you
(A) Yes (B) No (C) can’t say
10. Does the present system help in rewards for performing well?
A. Rarely
B. On a few occasion
C. Sometimes
D. Often
E. Almost Always
11. Does it help prioritize your area of responsibility?
(A) Yes (B) No (C) can’t say
12. In your opinion does it helps in career progress?
A. To a large extent
B. To some extent
C. Not at all
13. Does this system provide feedback on your performance?
A. Rarely
B. On a few occasion
C. Sometimes
D. Often
E. Almost Always
14. Based on your ability does it lay career development plan for you?
A. To a large extent
B. To some extent
C. Not at all
15. What kind of remedial measures are taken?
A. Job rotation
B. Sent to training programme
C. Counselled
D. Any other (Pl. specify.)
E. None
15. In your opinion does this system provide for taping the potential of individual?
A. To a large extent
B. To some extent
C. Not at all
16. In your opinion does it provide for identifying training needs?
A. To a large extent
B. To some extent
C. Not at all
17. Have you been rotated to other department or within the department?
(A) Yes (B) No
18. In your opinion does this systym help the management identify right individual for a right
job to achieve the goal of the organisation?
D. D To a large extent
E. To some extent
F. Not at all
19. Do you need counseling?
(A) Yes (B) No (C) can’t say
20. Does the organisation provide counseling after appraisal?
(A) Yes (B) No (C) can’t say
21. How do you find the overall assessment of PERFORMANCE APPRAISAL?
(A) Outstanding (B) V.good (C) Good (D) Satisfactory (E) Poor
Part D
1. What is the system of communication?
(A) Upward (B) Down ward (C) Both A&B (D) Lateral
2. Have you understood clearly as to what is expected of you?
(A) Yes (B) No (C) can’t say
Part E
1. In your opinion how can the present appraisal system be made more effective? (Pl. specify
point