Comparative study of performance appraisal practice in public sector and private sector banks in Haryana state

Vikas Dhawan; Ranjeet Verma

doi:10.53730/ijhs.v6nS4.5785

Authors

Vikas Dhawan Ph.D. Research Scholar, Maharishi Markandeshwar (Deemed to be University), Mullana, Ambala, India
Ranjeet Verma Faculty of M.M Institute of Management, Maharishi Markandeshwar (Deemed to be University), Mullana, Ambala, India

Keywords:

performance evaluation, banks, personnel

Abstract

Performance assessment or evaluation measure is probably the most ideal approaches to further develop competence or expertise inside the business. A reasonable procedure performed at normal spans aids job satisfaction and upgrades corporate efficiency. Performance evaluation gives noteworthy as well as valuable framework for determining the competencies, awareness, confidence and entire work effectiveness of personnel. Evaluation system enables a supervisor to discover whether his existing work output requires extra workshop or not to boost the efficiency of individual. The effectiveness of talent acquisition strategies deployed at workplace is evaluated through assessment system. The program allows supervisors and staff to detect problem areas quickly by outlining precise objectives for individuals and formulating guidelines for superior work quality. Assessment System offer the individual and the administrator with a turning point in spotting and analysing issues for improving the efficiency. It may serve as a significant possibility to boost & clarify personnel & supervisor aspirations.

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