Topic : Visit an organization and make a study on performance appraisal system

Presented By: Darshan. M Divyashree .S Karthik V.D Harshita C.A

Introduction
Performance appraisal is a powerful tool to help the supervisor to meet the objectives of the department and organization. It helps in improving performance and motivating employees.

Definition
Performance appraisal is a continuous process of
identifying, measuring, and developing the performance of individuals and teams and aligning performance with a strategic goals of the organization.

Canara Bank Chikmagalur

Started in 1932 Awards

Best Performance Circle Best Performer in Insurance Recovery Target Introduced Foreign Exchange Address: Near to Gurunatha Theatre Canara Bank Road Chikmagalur-577101

Employees Details
Totally 28 employees are working in this branch Senior Manager Manager (Clerical, Deposits) Manager Credit Officers (SB, Cash, DD, Clerk, Credit & Deposit) Clerks (Cash, Payable, Receipt, Deposit, Credit)

Characteristic of good performance appraisal

Openness
Participation

Ownership
Opportunity to appeal

Clear objectives/goals
Feedback

Performance appraisal system in Canara Bank

Open Performance Appraisal System Direct interaction with employees Selection of Best Employee Target Salary

Why Measure Performance ?

Because What you cant measure you cant improve If you cant improve you cant grow Measurement helps in objectively differentiating between performer and non performer Pay for performance is possible only through metrics.

Benefits of Conducting a Performance Appraisal

Formal feedback on how well an employee is performing his or her job Performance appraisals provide information necessary for employees to improve the quality of their work Another reason for conducting performance appraisals is that they provide important records for the organization

Performance appraisal process

Appraisal Process
Establish and communicate expectations for

performance Observe and measure individual performance against standards Reinforce performance to provide remedies

When Performance Appraisals are:

Done Well
Opens communication Employee understands what is expected and how they

are doing relative to established goals Employee is aware of areas requiring further development Motivates and enhances performance Done Poorly Inflammatory Source of conflict Waste of time

Conclusion
The performance appraisal system should be fully

integrated into existing management systems and processes Providing necessary training for the employees Attention needs to be paid to the issue of who should appraise whom

THANK YOU