A Study on Effectiveness of Performance Appraisal System in Hindustan Coca-Cola Beverages Private Limited, Srikalahasthi

A performance appraisal system in any organization is a structured process for evaluating employee performance, providing feedback, and identifying areas for improvement. It's not just about measuring, but also about understanding the reasons behind performance and how to enhance it. The major objective of the study is to understand employees' perceptions and satisfaction levels with the current performance appraisal system.This system should be integrated with broader HR practices like training, development, and rewards. The structured questionnaire was applied to collect primary data from 100 employees of the HCCB Private Ltd. The sampling technique used a simple random method. Company website and records were used to gather secondary data. The study findings indicated that the employees are not getting feedback after performance appraisal system. It is suggested to provide regular feedback after performance evaluation done