Performance Appraisal System in Banking Sector

7726 Words Jul 3rd, 2012 31 Pages
Lahore School of Economics

Research Methods

Submitted to:
Tamkeen Khan

Submitted by:
Asma Wali
Anum Ameer
Fatima Shahid
Sheema Atta
Section H

Submitted on
1st November, 2010

Table of Contents Chapter 1: Introduction 2 Background 2 Overview of topic 5 Significance Of the study: 10 Research objectives: 11 Operational Definitions 11 Problem statements 17 Research Questions and Hypothesis 18 Theoretical frameworks 21 Chapter 2: Literature review: 21 Chapter 3: Methodology 30 References 32

Chapter 1: Introduction

Background
Human Resource Management (HRM) is the term used to describe formal systems devised for the management of people within an organization. These human resources responsibilities are generally divided into
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It is also the mechanism by which organizations address problems within their work force, through institution of disciplinary measures. Aligning the work force with company goals, stated Gubman, "requires offering workers an employment relationship that motivates them to take ownership of the business plan."
Employee development and training is another vital responsibility of HR personnel. HR is responsible for researching an organization's training needs, and for initiating and evaluating employee development programs designed to address those needs. These training programs can range from orientation programs, which are designed to make new hires comfortable to the company, to ambitious education programs intended to familiarize workers with a new software system.
"After getting the right talent into the organization," wrote Gubman, "the second traditional challenge to human resources is to align the workforce with the business—to constantly build the capacity of the workforce to execute the business plan." This is done through performance appraisals, training, and other activities. In the realm of performance appraisal, HRM professionals must devise uniform appraisal standards, develop review techniques, train managers to administer the appraisals, and then evaluate and follow up on the effectiveness of
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