A STUDY ON PERFORMANCE APPRAISAL SYSTEM OF EMPLOYEES IN IT INDUSTRY IN INDIA

Performance Appraisal refers to the regular review of an employee’s job performance and overall contribution to company. Performance Appraisal is used by companies to provide employees with broad feedback on their work and to compensate suitably. The purpose of the study is to determine performance appraisal system followed by the famous companies in Information Technology sector. The other objective is the concept of the Performance Appraisal system of employees in IT sector companies like WIPRO, INFOSYS and TCS. The secondary data is collected from various sources from websites and articles. Thus, the study mainly focuses on each company’s merits and demerits of the performance appraisal system.