A PROJECT REPORT ON EMPLOYER AND EMPLOYEE PERCEPTION ON PERFORMANCE APPRAISAL AT RELIANCE SMART LTD. HYD

Performance Appraisal is a critical activity for the organizations that are looking for the growth and profit maximization in this ever-increasing competitive environment. A performance appraisal is known by other terms like employee appraisal, performance review. It is a method by which the job performance of an employee is measured in terms of quality, quantity, cost, behaviour and time. It is conducted by self, peers, seniors and junior. But generally, in formal method it is conducted by the immediate manager or supervisor under whom the person is directly working. The essential components of an effective performance appraisal system consist of understanding its foundations and the essential steps that lay the foundation. Finally, lot of brainstorming is required to be done to devise a sound appraisal system by evaluating available techniques and implementation processes.