Professional Documents
Culture Documents
Nimbalkar VP - CHRMC
KIRLOSKAR BROTHERS LIMITED
Agenda
Introduction
Objectives Performance planning and review form Components of the system People involved in the process & their roles & responsibilities
Introduction
Serve as a mechanism for improving upward and downward communication the organization. Monitor performance of individuals and groups in the organization. Provide information and data that is useful in making critical decisions about promotions, compensation, redeployments, training and development, career planning etc. Create accountability and a performance based culture in the organization. Act as a culture building tool by:
helping Employees to internalize norms, culture & values of the Organisation. Ensuring individual goals are in congruence with organizational goals. Promoting behavior and activities that help in realizing the vision of the Company.
Implementation
Process :
1.
It is mandatory to do the Performance Planning & Review for all the regular Employees of the Company.
2. 3.
The period will be financial year i.e. April-March, every year. HR Department shall send the Performance Planning & Review Forms to concerned Reporting Officers under advise to Reviewing Officers by March 15, every year.
4.
The process is to be completed by May 15, every year, and form to be sent to HR department.
Implementation
5. Initial discussion between the Reporting Officer and the Employee to understand and identify Employees KRAs for the year. Reporting Officer sets KRAs for the Employee and sends them to the Reviewing Officer for his approval.
6.
7.
8.
Reporting Officer communicates KRAs to Employee and sends them to the Reviewing Officer for his approval.
Training Needs are identified and discussed by the Reporting Officer. The training Needs Assessment form sent to the HR department duly approved by the Reviewing Officer along with a Photocopy of the KRAs for the review period.
Implementation
9. Reporting officer has the primary responsibility for the annual Performance Review of the Employee. The Review Form is to be filled in using ink/ball point pen.
10. The Reporting Officer will discuss the Performance Review with the employee upto Section III of the Form and obtain his signature. 11. The form is then submitted to the Reviewing Officer who forwards it to the HR department after giving his comments and signature. 12. In case of any disagreement, Reporting Officer shall arrange a joint meeting between Employee, Reporting Officer and Reviewing Officer to resolve the differences. Decision of the Reviewing Officer will be final. KIRLOSKAR BROTHERS LIMITED
Implementation
9. In the event of the Employee being transferred to another department during the review period, The Reporting Officer will do the review of the Employee upto that period and new KRAs will be set for the Employee by his/her new Reporting Officer for the remaining review period.