A Critical Analysis on the Effectiveness of the Performance Appraisal System of the Private Banks in Jaipur
Dr. Swati Tiwari, Assistant Professor S.S. Jain Subodh P.G. College, Jaipur.
Manuscript received on April 30, 2020. | Revised Manuscript received on May 06, 2020. | Manuscript published on May 30, 2020. | PP: 1472-1477 | Volume-9 Issue-1, May 2020. | Retrieval Number: A2553059120/2020©BEIESP | DOI: 10.35940/ijrte.A2553.059120
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The organizations pay a lot of attention on the improved performance of the employee. For the purpose the organizations have well designed appraisal system, which not only evaluates the performance of the employee, but also lays emphasis on those areas which can be improved. The given study has been done to know the effectiveness of Performance Appraisal System on variables like Performance Improvement, Rewards, Culture, Job Satisfaction & Retention in private banks of Jaipur. Means, standard deviation, coefficient correlation, linear regression & one sample t-test has been used to validate the results. Comparative analysis of banks has been done. Results & discussions were drawn & it was concluded that though performance appraisal system is correlated & impacts the underlined dependent variables, yet there are some other reasons too for employee good performance.
Keywords: Performance Appraisal System, Performance Improvement, Rewards, Culture, Job Satisfaction & Retention.
Scope of the Article: Measurement & Performance Analysis