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FACULITY GUIDE:MRS.MEENAKSHI
Introduction to UFLEX
. UFLEX Ltd has risen to be the largest Flexible Packaging Company in India with an annual turnover of more than US$ 150 million.
The company's client list includes the Godrej, Heinz, Henkel, ITC (BAT Subsidiary), Nestle, Pepsi, Perfetti, Smith line-Beecham, Tata Chemicals, Tata Tea and Unilever Group,Cadbury,p&g.
GROUP STRUCTURE THE UFLEX LIMITED GROUP UFLEX ENGINEERING DIVISION UFLEX CHEMICAL DIVISION UFLEX CONVERTING DIVISION FLEX FOODS DIVISION
Performance appraisal is the systematic examination of an employees strengths & weaknesses in terms of the job. Performance appraisal is a objective study.
It is an ongoing or continuous process where in the evaluations are arranged periodically according to a definite plan.
Confidential report
It is a descriptive report prepared, generally at the end of every year, by the employee's immediate superior. The report highlights the strengths and weaknesses of the subordinate. The report is generally not made public and hence no feedback is available.
Research Methodology
Research Design: Descriptive Study Data Type: Primary Data/ Secondary Data Research Instrument: Questionnaire Sample: Factory campus Sample Size: 100 Sample Procedure: Judgement Sampling Sampling Method: Personal survey method through preparation of questionnaire
Unit Head
HRP
HOD
DATA ANALYSIS
1.
10%
10% YES
UNAWARE NO
80%
Confidential Method
Critical Incident
15%
85%
3.
Partially Satisfied
Not satisfied
Satisfied
28%
52%
20%
4.
23%
30%
TO GIVE INCENTIVE
17% TO RATE OVERALL PERFORMANCE TO INCREASE OVERALL OUTPUT TO DEVELOP SKILLS
30%
5.
15%
10% 15%
UNIT HEAD
HR PERSONNEL HOD 60% SUPERVISORS
6.
30%
YES 70% NO
7.
Employee Work
14% 24%
62%
8. According to you how often should the performance review take place?
4%
6%
ANNUALY HALFYEARLY
QUARTERLY
90%
. 9. Were you informed about the performance appraisal model , used in the organization ,during your induction?
0%
YES NO
100%
10.
10% 15%
NOT IMPORTANT
11.
STANDARDS
MONEYTARY INCENTIVES FREQUENCY OF APPRAISAL 35% APPRAISER
12. In your opinion ,does the performance appraisal system give a proper assessment of your contribution to the organization?
13.
Can you suggest any new method, which can be used for performance appraisal?
10% 10%
RATING SCALE
80%
14.
NO COMMENTS
FINDINGS
The method, which is been used by the company, is confidential report. Employees want the method to be replaced by 360-degree performance appraisal as it is very new method. Under this method the peers, managers etc. have to rate the employees performance. There is least chance for the biasness to occur. 60% of the raters are the HOD of the company .
The basic criteria kept in mind while doing the performance appraisal is the output, which is been given by the employee and the overall work done by him during the period. After the performance is been rated the various kind of benefits are given to the employees as 70% said yes.
30% employees are partially satisfied and 20% are not satisfied by the present performance appraisal method used they want to go for a change and 70% said that the new method will definitely be beneficial for the company.
CONCLUSION
In Uflex , they are using the CONFIDENTIAL METHOD mostly to grade the performance of the employees. This method is very convenient to be used. But the drawback associated with the method is that it has now become an out dated method to be used because there are chances of biasness to occur for a particular employee by the raters.
The employee should be aware of the performance appraisal technique at the time of induction.
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