7/30/2019 hpl final -1

1/73

SUMMER TRAINING REPORT

ON

PERFORMANCE APPRAISAL

IN

Submitted in partial fulfillment of the requirement of award of Degree

Bachelor of Business Administration

Affiliated to

Maharshi Dayanand University, Rohtak

D.A.V CENTENARY COLLEGE

Under the guidance of : Submitted by:

Ms.Bharti Gaurav Bhatia

Lecturer BBA Dept. BBA (cam) V Sem

Roll no.9149

7/30/2019 hpl final -1

2/73

Ref No .. Date

TO WHOM IT MAY CONCERN

This is to certify that GAURAV BHATIA, student of Bachelor of Business

Administration (CAM) 5th

Sem has successfully completed his training from 5th

June

2013 to 5th

July 2013 with us and the project report on Performance appraisal is a

original study done by him under our guidance.

During the period her commitment and dedication has been highly appreciated in the

organization.

We wish her bright and prosperous future.

For HPL ADDITIVES LTD.

MR.Ram Krishan

(Hr Manager)

7/30/2019 hpl final -1

3/73

Acknowledgment

The project of this nature is arduous task stretching over a period of time, completing a

project like this one takes the effort and cooperation of many people.

Although this project report is being brought in my name, it bears an imprint of guidance

and cooperation of many individuals. Several persons with whom I integrated have

contributed significantly to the successful completion of the project study. In the

successful & trouble free completion of my final term project titled PERFORMANCE

MANAGEMENT, I am graceful to D.A.V CENTENARY COLLEGE for helping us

towards the completion of the project.

I extend my deepest and sincere thanks to my project guide, Mr.Ram Krishnand other

HR Executives HPL Additives Ltd for the unflinching support and guidance throughout

the project

I would also like to thank all the executives who shared their precious time and

experience with me.

Last but not the least, I extend my sincere thanks to all the staff members of HPL

Additives Ltd for their cooperation.

(GAURAV BHATIA)

7/30/2019 hpl final -1

4/73

DECLARATION

I hereby to declared that my project on human resource management on the titled

.PERFORMANCE APPRAISAL" prepared by me under the guidance of

Ms.BHARTI faculty guide ofDAV CENTENARY COLLEGE is my original work

findings in there part are based on the data collected by me during the course of object

work while preparing this report. I have not copied from other project report submitted

for a similar purpose.

(GAURAV BHATIA)

7/30/2019 hpl final -1

5/73

INDEX

SNO. CONTENTS

1. Company profile

2. Literature Review

3. Research methodology

a) Introduction

b) Objectives

c) Research design

d) Method of data collection

e) Limitations of the study

4. Data Analysis and Interpretation

5. Conclusion

6. Recommendation

7. Appendix

a) Bibliography

b) Questionnaire

7/30/2019 hpl final -1

6/73

CHAPTER -1

COMPANY PROFILE

7/30/2019 hpl final -1

7/73

COMPANY PROFILE

HISTORY

HPL Additives Limited was incepted in 1964 and had started as a manufacturer of

Polymer Additive, it has successfully diversified into Biocides, Polymerisation

Catalysts, Photographic Chemicals, and Pharma & Agro intermediates.

HPL Additives Limited has four state-of-the-art manufacturing units in North India

two at Ballabhgarh, one at Dudhola and one at Dera Bassi. The plants have a high

degree of automation and laboratory facilities to control and monitor the processes to

ensure flawless, unswerving quality and safety. The group has 80% share in the

domestic market and exports to more than 42 countries across the world.

HPL Additives Limited believes in providing solutions rather than products only and

has added many products in the same group and has gone for diversification at

appropriate opportunities. At present, there are around 60 products for different

applications and many more in pipe line.

All this has been made possible by a competent and dedicated workforce of 750personnel comprising engineers, scientists, technicians and management experts,

commercial and marketing staff amongst others. Working in a congenial

environment, the team members are empowered to make decisions so as to effectively

respond to market dynamics.

The groups R&D centre is fitted with the requisite testing equipments, bench scale

facilities and a multi-functional pilot plant. Customer satisfaction is of paramount

importance to HPL Additives Limited. Periodic initiatives to map dynamic customer

needs and their satisfaction levels with HPLA products and services are undertaken.

These precious inputs, form the basis of the companys continuous improvement

plans to deliver value offering. HPLA has its values high levels of Quality, Service

Efficiency, and Safety and Environmental consciousness.

7/30/2019 hpl final -1

8/73

HPL Additives Limited believes in continual improvement to meet the changing

requirements of the customer. This philosophy has helped us to keep ahead of

competition and to emerge as a Leader. Scientists and Engineers are always working

on to improve the products, processes and technologies.

HPL Additives Limited has a well established distribution network including

distributors and own offices in many countries to run its supply chain management. A

logistics partner in Europe ensures smooth supply-line to large customers with depot

inventories. The company also has an office in USA.

HPL Additives Limited was one of countrys first chemical manufacturing units to

establish QMS and got ISO 9001 in 1996. In its quest to meet obligations towards

Environment as a responsible corporate, an EMS system was set up successfully in

2001 with accreditation from DNV for ISO 14001. Not satisfied with status quo, HPL

Additives Limited continued in its journey towards fulfilling its commitment to

safety, health and social responsibility and has got accreditation for OHSAS 18001 in

March, 2006.

Right from the top, HPL Additives Limited is a technocrat corporation. There is a lot

of focus on new product range, technologies, environment friendly and safe

processes, product application and technical support. The management of the group

has created a self-sufficient technology infrastructure.

7/30/2019 hpl final -1

9/73

MILESTONES

1964 Established by Mr. Harcharan Singh with a meager capital of RS 10000/- at

Model Town, New Delhi.

1966 Shifted to Tigaon Road, Ballabhgarh.. DNPT was the first product

1970 Shifted to Plot No. 8, Sector25, Ballabhgarh. Later on acquired Plot No. 6 & 7,

now the spread over is 6 acres of land. The major product of this unit is chemical

blowing agent especially Azodicarbonamide (ADC)

1976 HPL started its sister concern Mona Agro Chemicals at 3 acres of land Plot No.

72, Sector25, Ballabhgarh with Guar Gum as the First product.

Later on its name had been changed as HPL Industries Pvt. Ltd and DNPT is itsmajor product.

1994 The Third unit of HPL, known as HPL Chemicals Ltd., started at Derabassi, Dist

Mohali to manufacture Hydrazine Hydrate as major product. The spread over of

this unit is 20 acres of land.

1996 HPL Additives Limited was one of countrys first chemical manufacturing units

to establish QMS and got ISO 9001 for Quality.

1998 HPL started its Fourth Unit, spread over is 23 acres of land, at Village Dudhola,

Tehsil Palwal, Distt. Faridabad to manufacture anti-oxidants and U-V Absorbers.

2001 Got ISO 14001 certificate for Environment.

2003 HPL got DSIR National Award for R&D efforts in Chemical and Allied

Industries Sector for the year 2003 from the Government of India

2006 Certified OHSAS 18001 for Industrial Health & Safety.

HPL R & D section got the prestigious Dr. P. C. Ray Award for development of

Indigenous Technology for the year 2005-06 by Indian Chemical Council.

The renowned business magazine (Business Sphere has awarded HPL Golden

Trophy for the year 2006.

2007 The name of the company has been changed from High Polymers Labs Ltd. to

HPL Additives Ltd.

7/30/2019 hpl final -1

10/73

Got First Grade Award for its Export performance during year 2006-07 conferred

by Basic Chemicals & Cosmetics Export promotion Council (CHEMEXCIL),

Mumbai, Ministry of Commerce & Industry, Govt. of India

2009 These 2 sister concerns, HPL Chemical Ltd, HPL Industries Pvt. Ltd, merged with

the parent company HPL Additives Ltd.Got the Best Research Award (Polymer Science, Technology & Engineering) for

commercializing Anti-oxidants product by Plastindia Foundation.

AWARDS AND ACHIEVEMENTS

HPL Additives Limited is the proud recipient of DSIR National Award for R&D

efforts in Chemical and Allied Industries sector for the year 2003 from the

Government of India.

The company also bagged ICC Acharya PC Ray Award for development of

Indigenous Technology for the year 2005-06 by Indian Chemical Council.

The company has also received First Grade Award for its Export performance

during year 2006-07 conferred by Basic Chemicals & Cosmetics Export

promotion Council (CHEMEXCIL), Mumbai, Ministry of Commerce & Industry,

Govt. of India

The renowned business magazine (Business Sphere has awarded HPL Golden

Trophy for the year 2006.

Plasticon Award for the best research in 2009.

7/30/2019 hpl final -1

11/73

MISSION

To build a successful business enterprise on the key fundamentals of quality, delivery and

service.

OBJECTIVES

To ensure customer satisfaction through consistent quality, timely delivery and a high

level of service.

To continuously invest in modernization, product development and research to improve

productivity and efficiency.

To maintain and build high employee morale through human resource development

programmers.

To develop a reliable supply base to ensure quality and timely delivery of material.

To be a financially successful and profitable business enterprise.

7/30/2019 hpl final -1

12/73

PHILOSOPHY

Customer Care

HPL believes that all its achievements are through interactive relationship withcustomers. Be it external customer or internal customers. HPL is even thankful to its

competitors who have a significant contribution to its success. We owe our success to our

customers and shall strive to deliver the best to them - Always.

Vendor Development

We at HPL, feel that vendor is a partner to our strength and occupies a seat only next to

our customer. A closer interaction with vendors has given us a competitive edge in

sourcin1g our needs. Honestly, we could not be fair to our customers without the support

of our vendors.

Employee Care

HPL is a professional corporation. It believes that it is the people who make an

organization successful. It enjoys very cordial Industrial Relations. Motivation, Rewards

and Welfare Schemes for employees and their families have further strengthened the

relationship and professional commitment.

Socially Responsible Business

It is our constant effort to make our products, processes, installations safer and

environment friendly. New environment friendly technologies, processes are being

researched constantly.

7/30/2019 hpl final -1

13/73

CHAPTER- 2

LITERATURE REVIEW

7/30/2019 hpl final -1

14/73

LITERATURE REVIEW

AN INTRODUCTION OF PERFORMANCE APPRAISAL

WHAT IS PERFORMANCE MANAGEMENT?

Performance management is the activity of tracking performance against targets and

identifying opportunities for improvement - but not just looking back at past

performance. The focus of performance management is the future - what do you need to

be able to do and how can you do things better? Managing performance is about

managing for results. Performance-based management at any level in the organization

should demonstrate that

You know what you are aiming for

You know what you have to do to meet your objectives

You know how to measure progress towards your objectives

You can detect performance problems and remedy them

WHY IT IS IMPORTANT?

The Modernizing Government agenda sets challenging new performance objectives for

organizations, from the delivery of high quality services that meet the needs of their

customers and stakeholders, to doing more within the constraints of available resources,

through to continuous improvement in how the organization itself operates. Performance

management underpins the operations and processes within a strategic change programframework. Sound practices and targets, which are both flexible and reactive to change,

are needed to achieve performance improvement.

7/30/2019 hpl final -1

15/73

The effective performance of your organization depends on the contributions of activities

at all levels - from top management policy development through to efficiently run

operations.

In response to the pressures and opportunities for improving organizational performance,you need to understand how to define and measure performance as part of a concerted

strategy for relevant, successful and cost-effective operations.

CRITICAL FACTORS FOR SUCCESS

Focusing on outcomes that meet business objectives, rather than outputs

Managing performance by cascading down from the top and building bottom-up

Defining and using measures that evolve over time

Using a mix of short and long term measures, and selecting measures that link

cause and effect

Measuring effectiveness (doing the right things) and efficiency (doing things

right) in parallel

Relating individuals' reward and remuneration with achievement of outcomes.

WHO IS INVOLVED?

Business managers are responsible for setting targets and managing performance against

those targets; contract managers monitor service performance from the customer

viewpoint; service providers supply performance information.

PRINCIPLES

Performance management should be an integrated part of a business lifecycle helping an

organization to mature through evolving and changing performance measures, from their

definition through to monitoring and review in addition, by including the IS/IT

component throughout this lifecycle, rather than just considering it as a 'downstream' cost

of provision, there should be enhanced benefits from an increased and more effective

contribution from any investment made in IS/IT.

7/30/2019 hpl final -1

16/73

You will need to ensure that you have adopted sound practices in commissioning and

acquiring IS/IT services to achieve performance improvement. Performance management

identifies opportunities for maximizing improvements in managing service delivery in the

future. Performance management helps you to make decisions about investment routes,

affordability and setting investment priorities in the face of competing demands forresources.

MANAGING FOR RESULTS

Managing for results requires the organization to focus on the outputs of the processes

and activities undertaken by the organization at varying levels. Together these outputs

will contribute to the achievement of the outcomes desired by the organization and those

of the government as a whole.

LEVELS OF PERFORMANCE MANAGEMENT

1. The effective performance of your organization depends on the contribution of

activities at all levels - from top management policy development through to

efficiently run operations. There are three or four levels of performance management

in the model framework below, some organizations may combine the strategic level

with the organizations priorities level.

2. Organizations priorities: at the highest level performance management is rooted in

the organizations long term business strategy. Measures at this level are of impact,

resource utilization and public service improvement.

3. Strategic level performance management: at this level the management concern is

from an "outside in" as well as an internal perspective. Measures are of outcome, such

as volume and value of service take-up, upward trends for inclusion, staff and users'

satisfaction.

7/30/2019 hpl final -1

17/73

4. Program level performance management: performance management at this level is

focused on the desired results of programs of change, to demonstrate what has been

accomplished. The measures used would include those stated in individual business

cases. Benefits management would help to determine if these are achieved.

5. Tactical or operational service level performance management: here the management

focus is concerned with service delivery and outputs, using conventional service level

agreement approaches and related measures of aspects such as volumes and quality.

Although performance measures and indicators may be different at each level, they will

need to be.

Directional - to confirm that you are on track to reach the goals.

Quantitative - to show what has been achieved and how much more is to be done.

Worthwhile - adding more value to the business than they cost to collect and use.

VALUE FOR MONEY

You must be able to demonstrate that you have achieved value for money in your

operations. Value for money is taken to cover three measures of performance:

Economy - Minimizing the cost of resources used for an activity, having regard to

appropriate quality

Efficiency - the relationship between outputs, in terms of goods, services or other

results and the resources used to produce them

Effectiveness - the extent to which objectives have been achieved, and the

relationship between the intended impacts and actual impacts of an activity.

7/30/2019 hpl final -1

18/73

MEASURES AND METRICS

You should use these evaluation criteria for measures and metrics:

Are you measuring the right thing?

Do you have the right measures?

Are the measures used in the right ways?

Do you determine the quality of a particular performance metric using the SMART

test (Specific, Measurable, Attainable, Relevant, Timely)?

The procedures and measures used in performance management will depend, amongother factors, on the type of business process which is being measured. A business

process is assumed to be made up of a number of activities which transform inputs into

outputs and contribute to the realisation of outcomes. The customers for a process may be

external (for example, members of the public) or internal, within the same organisation or

elsewhere in the public sector.

BUSINESS PROCESSES CAN BE DISTINGUISH BY: The extent to which the activities involved are people-oriented as opposed to

automated

Whether the activities are primarily 'front-office' or 'back-office' - that is, the amount

of direct contact which the staff have with the customers or recipients of the process

Whether the process itself is the important feature of the activity - for example, in

delivering consultancy - or whether the activities are concerned primarily with the

generation of defined outputs

The extent to which the activity is customized or tailored to the needs of each

customer, as opposed to being routine and procedural

The amount of discretion which needs to be exercised in the activities

The duration of the contact with the customer.

7/30/2019 hpl final -1

19/73

PROCESSES

You will need to review the effectiveness of your procedures for:

Setting performance targets

Designing measures of performance relevant to the targets

Systematically and accurately measuring outcomes

Assessing the performance of external service providers

Using results for informed decision-making

Improving performance.

Research shows that most organizations have the components of performance

management in place, but they are not always used to overall advantage. A possible five-

step approach that could help organizations in improving the performance management

of the IS/IT contribution is outlined below, with suggested techniques.

STEP 1:IDENTIFY YOUR LEVEL OF MATURITY IN PERFORMANCEE

MANAGEMENT

Look at how the organization is performing in all its aspects of performance

management - from direction setting through to review and measurable improvement.

Do an assessment; this will help to identify your o rganizations maturity and the

strengths and weaknesses.

Establish where you are now as a series of baselines, looking at performance

management at strategic program, tactical and operational levels.

Bottom-up measures of economy and efficiency are likely to be reasonably strong and

have good management. This may not be so well developed for effectiveness

measures

Innovation, process improvement, customer satisfaction, and contribution to policy

objectives. Most organizations have a good understanding of financial measure; this

level of understanding needs to be developed for other measures.

Techniques: Assessment; baseline

7/30/2019 hpl final -1

20/73

STEP 2:IDENTIFY WHERE PERFORMANCE MANAGEMENT IS

IMPORTANT TO YOUR ORGANISATION

Is it in setting direction or ensuring the delivery of required benefits or improving thealignment, performance and contribution of the internal and external resources used

by the organization?

Identify the values for your organization.

Key values for safety critical operational services are speed and integrity of

information. A different organization might place high value on information flows or

on single points of access to information at a contact/call centre.

Techniques: Value chain analysis; benchmarking with other organizations (which

may identify things you had not thought of)

STEP 3:RESOLVE ANY MISMATCH BETWEEN STEP 1 AND 2

Review performance management at each of the four levels - (organization, strategic,

program and tactical). Are there weaknesses in areas that are important to your

organization?

Techniques: to become more outward looking and customer-focused, use the well

established balanced scorecard and EFQM techniques.

To answer questions about where IT makes a contribution, use Goals, Questions and

Metrics (GQM) to identify and define measures.

7/30/2019 hpl final -1

21/73

STEP 4: ESTABLISH WHERE YOU WANT TO BE AND BEGIN TO BUILD

PERFORMANCE MANAGEMENT INTO BUSINESS PROCESSES AND INTO

THE CULTURE

The aim is to have target, measurement and review processes for those things that the

business considers important such as product, process, service and staff.

You will have lots of measures which need to be prioritised against your particular

perspective on effectiveness, efficiency and economy and against your values.

establish benefits management as a norm

Use databases to collect Techniques performance information and analyse trends

Include performance management in the business, programme and project lifecycle

STEP 5: FEED INFORMATION BACK INTO PERFORMANCE

IMPROVEMENT

Monitor and take action on:

We achieve what we set out to do?

Where are the opportunities to improve?

What can we do to improve? You are seeking answers to:

What is achievable?

What is important for our organization?

What was achieved?

Techniques: Process assessment; your own targets, looking at benchmarks from the

outside world.

7/30/2019 hpl final -1

22/73

The process of performance management

7/30/2019 hpl final -1

23/73

Objectives of a Performance Management System

Performance management is an integral part of a comprehensive human resource

management strategy. Its objective is to maximize individuals' performance and potential

with a view to attaining organizational goals and enhancing overall effectiveness and

productivity.

A staff performance management system aims at: -

To help achieve departmental objectives through staff

Departments formulate strategies and objectives to support their vision, mission and

values. To achieve these broad objectives, departments have to turn them into specific

objectives and targets for the divisions, sections, units and subsequently individual job

objectives and targets for implementation. As individual job objectives are linked to those

of departments', the performance of individual officers contributes to the delivery of

departmental objectives.

To evaluate performance and improve communication between

managers and staff on managing performance

The staff performance management system provides a mechanism to monitor and

evaluate staff performance. Performance objectives are set at the beginning of the

performance management cycle through open discussion between the supervisors and the

appraisees. Progress is monitored regularly and feedback from staff and supervisors is

collated to help clarify objectives and output expectation; and to enhance performance.

7/30/2019 hpl final -1

24/73

To provide opportunities for development

The staff performance management system serves as a multi-purpose management tool. It

provides valuable information to help identify individual training needs so as to enhance

performance and to develop the potential of the staff for further advancement.

The following figure provides an illustration of how performance management links withother human resource functions.

OVERALL GOAL AND FOCUS OF PERFORMANCE

MANAGEMENT

The overall goal of performance management is to ensure that the organization and all

of its subsystems (processes, departments, teams, employees, etc.) are working togetherin an optimum fashion to achieve the results desired by the organization.

PERFORMANCE IMPROVEMENT OF THE ORGANISATION OR

A SUBSYSTEM IS AN INTEGRATED PROCESS

Note that because performance management strives to optimize results and alignment of

all subsystems to achieve the overall results of the organization, any focus ofperformance management within the organization (whether on department, process,

employees, etc.) should ultimately affect overall organizational performance management

as well.

ONGOING ACTIVITIES OF PERFORMANCE MANAGEMENT

Achieving the overall goal requires several ongoing activities, including identification

and prioritization of desired results, establishing means to measure progress toward those

results, setting standards for assessing how well results were achieved, tracking and

measuring progress toward results, exchanging ongoing feedback among those

participants working to achieve results, periodically reviewing progress, reinforcing

activities that achieve results and intervening to improve progress where needed. Note

that results themselves are also measures.

7/30/2019 hpl final -1

25/73

Note: these general activities are somewhat similar to several other major approaches in

organizations, e.g., strategic planning, management by objectives, Total Quality

Management, etc. Performance management brings focus on overall results, measuringresults, focused and ongoing feedback about results, and development plans to improve

results. The results measurements themselves are not the ultimate priority as much as

ongoing feedback and adjustments to meet results.

The steps in performance management are also similar to those in a well-designed

training process, when the process can be integrated with the overall goals of the organi

zation. Trainers are focusing much more on results for performance. Many trainers with

this priority now call themselves performance consultants.

BASIC STEPS

Various authors propose various steps for performance management. The typical

performance management process includes some or all of the following steps, whether in

performance management of organizations, subsystems, processes, etc. Note that how the

steps are carried out can vary widely, depending on the focus of the performance efforts

and who is in charge of carrying it out. For example, an economist might identify

financial results, such as return on investment, profit rate, etc. An industrial psychologist

might identify more human-based results, such as employee productivity.

7/30/2019 hpl final -1

26/73

CHAPTER -3

RESEARCH

METHODOLOGY

7/30/2019 hpl final -1

27/73

RESEARCH METHODOLOGY

Introduction

In general terms research methodology is the process of carrying out research in a

formalized and scientific way. It is one manner in which one proceeds with his research

design adopted. The research done is exploratory and analytical in nature. The major

emphasis in studies was on discovery of new ideas and insights. Research is done as-

Firstly to understand the concept of performance management.

What is the area of performance management?

How it is being implemented in HPL ADDITIVES LTD?

What is the assessment process of performance management?

Did questionnaire survey with the sample size of 30.It was conducted for three main

departments-Sales, Support and Service?

Did analysis and prepared Column charts according to the questionnaire survey

response?

The assessment is then done to bring out what is the process being followed in HPL

Additives Ltd regarding performance management.

7/30/2019 hpl final -1

28/73

Performance management mainly include following things:

Performance management is the systematic process by which an agency involves itsemployees, as individuals and members of a group, in improving organizational

effectiveness in the accomplishment of agency mission and goals.

Planning work and setting expectations,

Continually monitoringperformance,

Developing the capacity to perform,

Periodically ratingperformance in a summary fashion, and

Rewarding good performance.

The revisions made in 1995 to the Government wide performance appraisal and awards

regulations support sound management principles. Great care was taken to ensure that the

requirements those regulations establish would complement and not conflict with the

kinds of activities and actions practiced in effective organizations as m after of course.

Additional background information on performance management can be found in the

following

http://www.opm.gov/perform/overview.asp#5http://www.opm.gov/perform/overview.asp#4http://www.opm.gov/perform/overview.asp#1http://www.opm.gov/perform/overview.asp#3http://www.opm.gov/perform/overview.asp#3http://www.opm.gov/perform/overview.asp#1http://www.opm.gov/perform/overview.asp#4http://www.opm.gov/perform/overview.asp#5

7/30/2019 hpl final -1

29/73

Planning

In an effective organization, work is planned out in advance. Planning means setting

performance expectations and goals for groups and individuals to channel their effortstowards achieving the organizational objectives. Getting employees involved in the

planning process will help them understand the goals of the organization, what needs to

be done, why it needs to be done, and how well it should be done.

The regulatory requirements for planning employees' performance include establishing

the elements and standards of their performance appraisal plans. Performance elements

and standards should be measurable, understandable, verifiable, equitable, and

achievable. Through critical elements, employees are held accountable as individuals for

work assignments or responsibilities. Employee performance plans should be flexible so

that they can be adjusted for changing program objectives and work requirements. When

used effectively, these plans can be beneficial working documents that are discussed

often, and not merely paperwork that is filed in a drawer and seen only when ratings of

record are requirement

Monitoring

In an effective organization, assignments and projects are monitored continually.

Monitoring well means consistently measuring performance and providing ongoing

feedback to employees and work groups on their progress toward reaching their goals.

Regulatory requirements for monitoring performance include conducting progress

reviews with employees where their performance is compared against their elements and

standards. Ongoing monitoring provides the opportunity to check how well employees

are meeting predetermined standards and to make changes to unrealistic or problematic

standards. And by monitoring continually, unacceptable performance can be identified at

any time during the appraisal period and assistance provided to address such performance

rather than wait until the end of the period when summary rating levels are assigned.

7/30/2019 hpl final -1

30/73

introduction of new technology. Carrying out the processes of performance management

provides an excellent opportunity to identify developmental needs. During planning and

monitoring of work, deficiencies in performance become evident and can be addressed.

Areas for improving good performance also stand out, and action can be taken to help

successful employees improve even further.

Rating

From time to time, organizations find it useful to summarize employee performance. This

can be helpful for looking at and comparing performance over time or among various

employees. Organizations need to know who their best performers are.

Within the context of formal performance appraisal requirements, rating means

evaluating employee or group performance against the elements and standards in an

employee's performance plan and assigning a summary rating of record. The rating of

record is assigned according to procedures included in the organization's appraisal

program. It is based on work performed during an entire appraisal period. The rating of

record has a bearing on various other personnel actions; such as granting within-grade

pay increases and determining additional retention service credit in a reduction in force.

Note: Although group performance may have an impact on an employee's summary

rating, a rating of record is assigned only to an individual, not to a group.

Rewarding

In an effective organization, rewards are used well. Rewarding means recognizing

employees, individually and as members of groups, for their performance and

acknowledging their contributions to the agency's mission. A basic principle of effective

management is that all behavior is controlled by its consequences. Those consequences

can and should be both formal and informal and both positive and negative.

7/30/2019 hpl final -1

31/73

Good performance is recognized without waiting for nominations for formal awards to be

solicited. Recognition is an ongoing, natural part of day-to-day experience. A lot of the

actions that reward good performance like saying "Thank you" don't require a

specific regulatory authority. Nonetheless, awards regulations provide a broad range of

forms that more formal rewards can take, such as cash, time off, and many no monetaryitems. The regulations also cover a variety of contributions that can be rewarded, from

suggestions to group accomplishments.

Managing Performance Effectively

In effective organizations, managers and employees have been practicing good

performance management naturally all their lives, executing each key component process

well. Goals are set and work is planned routinely. Progress toward those goals is

measured and employees get feedback. High standards are set, but care is also taken to

develop the skills needed to reach them. Formal and informal rewards are used to

recognize the behavior and results that accomplish the mission. All five-component

processes working together and supporting each other achieve natural, effective

performance management.

7/30/2019 hpl final -1

32/73

Objective of the Study

The following are the objectives of the study

1. To develop my understanding of the subject. Performance Appraisal System

implemented in various Organizations varies according to the need and suitability.

Through my research, I have tried to study the kind of Appraisal used in the

Organization and the various pros and cons of this type of system.

2. To conduct a study on social behavior. Social behavior is a very unpredictable aspect of

human life but social research is an attempt to acquire knowledge and to use the

same for social development.

3. To enhance the welfare of employees.

The Appraisal system is conceived by the Management but mostly doesnt take

into consideration the opinion of the employees. This can lead to adverse

problems in the Organization. Therefore by this study I have attempted to put

forth the opinion of the employee with respect to the acceptability of the

Performance Appraisal System.

4. To exercise social control and predict changes in behavior.

The ultimate object of my research is to make it possible to predict the behavior

of individuals by studying the factors that govern and guide them.

7/30/2019 hpl final -1

33/73

RESEARCH DESIGN:

Research Design refers to "framework or plan for a study that guides the collection and

analysis of data". A typical research design of a company basically tries to resolve the

following issues:

a) Determining Data Collection Design

b) Determining Data Methods

c) Determining Data Sources

d) Determining Primary Data Collection Methods

e) Developing Questionnaires

f) Determining Sampling Plan

(1) Explorative Research Design:

Explorative studies are undertaken with a view to know more about the problem. These

studies help in a proper definition of the problem, and development of specific hypothesis

is to be tested later by more conclusive research designs. Its basic purpose is to identify

factors underlying a problem and to determine which one of them need to be further

researched by using rigorous conclusive research designs.

(2) Conclusive Research Design:

Conclusive Research Studies are more formal in nature and are conducted with a view to

eliciting more precise information for purpose of making marketing decisions.

These studies can be either:

a) Descriptive or

b) Experimental

Thus, it was mix of both the tools of Research Design that is, Explorative as well as

Conclusive.

7/30/2019 hpl final -1

34/73

METHODS OF DATA COLLECTION

Data Collection Method

a. Secondary Data - It refers to the data that has already been collected, thesecondary data, which has been used to carry out this study, are as follows:

* Performance assessment and development plan manual.

* Companys Internet site (www.HPL Additives Ltd.in)

* Other relevant study materials and websites.

Evidence, in the form of a hypothesis test, indicates otherwisethat is, when researcher

has a certain degree of confidence, usually 95% to 99%, that the data does not support the

null hypothesis. It is possible for an experiment to fail to reject the null hypothesis.

H0 = the null hypothesis

http://www.hcl.in/http://www.hcl.in/http://en.wikipedia.org/wiki/Evidencehttp://en.wikipedia.org/wiki/Statistical_hypothesis_testinghttp://en.wikipedia.org/wiki/Statistical_hypothesis_testinghttp://en.wikipedia.org/wiki/Evidencehttp://www.hcl.in/

7/30/2019 hpl final -1

35/73

LIMITATIONS OF THE STUDY

The result depends upon the status of the employee regarding the output of thework, designation.

The result depends upon the information given by the employees. Hence the

information provided by subjected to satisfaction about the training.

Due to constraint of time only a specific sample size from the entire population of

employees have been calculated for the study.

The sample of the study is very small to know the actual result of the study.

7/30/2019 hpl final -1

36/73

Features of a Good Performance Management System

A good staff performance management system normally consists of the following

features:

Fair and open Objective -The system designed should aim to facilitate objective and

fair assessment by the management and encourage frank and constructive feedback of

appraises. These can be achieved through:

Setting clear targets and standards;

Providing opportunities for supervisors to inform appraises of their performance

regularly, to be accompanied by timely coaching and counseling;

Permitting the appraise to have access to the entire report and to review the appraisal

before the appraisal interview; and

Where necessary an assessment panel should be formed to ensure fairness in

performance rating.

Adopting such an open system for staff performance also supports the spirit of the

Personal Data (Privacy) Ordinance.

Competency-Based

Competency refers to the knowledge, attributes, attitude and skills required to perform a

job effectively. There are two broad categories of competencies: core competencies and

functional competencies. Core competencies are the generic competencies associated

with effective performance required by a group of job holders in a department across

different divisions/sections. An example is managerial competencies required for staff in

managerial positions. Functional competencies are the competencies specific to certain

job functions, such as computer programming skills for programmers in the Computer

Section and classroom skills for trainers in the Training Division of a department.

7/30/2019 hpl final -1

37/73

Competencies are reflected in a set of desirable behavior patterns which are observable,

measurable and can be tracked and monitored.

Developing and using a competency-based approach enables departments to use a

common language and structured way to define and describe appropriate job behaviors atdifferent ranks as officers progress through the grade. The approach help to assess staff's

potential and promo ability to the next higher rank and identify development needs of the

staff. It also enhances the objectivity and transparency of performance assessment.

When core competency-based approach is adopted, departments need to ensure that the

competencies are developed properly by :

Aligning individual performance objectives with departmental ones,

Securing senior management's commitment, and

Involving staff in the process.

Furthermore there should be a clear differentiation in competency descriptions among

different ranks in the same grade. An unduly long list of competencies may adversely

affect the effectiveness of the system.

For competencies to effectively serve the needs of a department, they should be

department-specific and reflect the missions, values and culture of the department. Any

list of competencies cannot be exhaustive. It only provides the common language and

understanding of the key dimensions and descriptions that warrant attention.

Upon implementation, there should be proper and adequate training for the staff on the

implementation of the performance management system

Performance planning starts with a session between the appraising officer and the

appraisee to agree on the list of objectives/responsibilities for the coming appraisal

period. The agreed list will include the objectives of the section/unit and the broad areas

of responsibilities of the appraisees, that is key result areas (KRAs).

7/30/2019 hpl final -1

38/73

A Continuous Process

Staff performance management cycle is a continuous process which involves :

Performance planning

Continuous coaching and development

Interim review

Performance appraisal

Performance planning

Performance planning starts with a session between the appraising officer and the

appraisee to agree on the list of objectives/responsibilities for the coming appraisal

period. The agreed list will include the objectives of the section/unit and the broad areas

of responsibilities of the appraisees, that is key result areas (KRAs).

Examples of KRAs are:

Timely completion of caseloads

Customer satisfaction and relations

Staff development

Resource management

Project management

Specific, measurable, achievable and time bound targets will then be set on the basis of

the KRAs. The appraising officer should ensure that these targets are in alignment with

the overall departmental objectives and that they are clearly understood by the appraisee.

Depending on the nature of the job, appraising officers may alternatively agree with

appraises a list of key responsibilities with specific performance results. This list provides

the appraisees and the appraising officers with the yardstick to objectively discuss,

monitor and assess performance. The list should be kept under frequent review and be

revised whenever there are changes in the job.

7/30/2019 hpl final -1

39/73

Continuous coaching and development

The performance management system is a on-going process. After work targets and

standards have been decided and performance objectives agreed upon, the appraisingofficer should start the coaching and development process which threads through

performance planning, regular feedback and guidance, interim reviews and performance

appraisal. Coaching is about providing regular feedback to staff on their performance. It

aims at:

Giving recognition to encourage and reinforce good performance; and

Providing advice and counseling to help improve performance, and where

appropriate, take corrective action.

Through the coaching sessions, training needs should also be identified and followed.

Interim review

An interim review is a scheduled, formal discussion between the appraising officer and

the appraisee to review the latter's progress in meeting the agreed

objectives/responsibilities. This usually takes place in the middle of the appraisal period.

An interim review should take the form of a structured session to provide an opportunity

for additional coaching, for problem solving, and for updating objectives/responsibilities.

An interim review aims to:

Identify performance results that are below, on or above target and determine

appropriate responses on corrective measures. Supervisors should use this occasion to

recognize and encourage good performance. On the other hand, performance below

targets is to be pointed out and guidance for improvement to be given;

Assess and follow up development or training need of staff to assist them in achieving

their objectives/responsibilities;

7/30/2019 hpl final -1

40/73

Ascertain whether there are potential problems that may affect the appraisers

performance in the latter half of the reporting cycle and put in place preventive

measures; and

Review whether adjustments to the agreed objectives/responsibilities are required.

Performance appraisal

Performance appraisal is the formal assessment on the appraisees performance for the

appraisal period. It covers the following aspects:

How effectively the agreed objectives/responsibilities have been carried out and

targets met;

Whether the effectiveness has been adversely affected by any constraints or obstacles;

The strengths and weaknesses of the appraisee which affected or will affect the

officer's further development;

And what sort of personal/career development and training actions should be taken.

To maintain an open system

The appraisee should be shown the assessment by the appraising and countersigning

officers before the appraisal interview.

Countersigning officers are encouraged to complete the appraisal form before the

appraisal interview is conducted; and

An interview record has to be prepared and signed by both parties.

For training and career development proposals put forward in the appraisal, the grade

management must take the initiative to ensure any necessary follow up actions are taken

in a timely and appropriate manner. These proposals will also provide useful reference

for the supervisors to develop the staff's competencies. Common themes on training and

development identified should be consolidated for incorporation into the training and

development plans of the department and the grade.

7/30/2019 hpl final -1

41/73

To ensure consistency in assessment standards and fairness in performance rating in staff

appraisals, heads of departments/grades may consider if an assessment panel should be

set up. An assessment panel is a management tool to help departments cross moderate

appraisal ratings.

An assessment panel is usually chaired by the head of branch/division or head of grade

with members drawn from section/unit heads. At the start of a reporting cycle, the

assessment panel will meet to discuss the marking criteria and standard. Staff will be

informed of these criteria and standard and clear guidelines will be issued to appraising

officers.

The assessment panel will review the completed reports on the basis of panel members'

knowledge about the performance of the appraisees. If the assessment panel disagrees

with the assessment of a report, the reviewing officer and the appraising/countersigning

officer, where necessary, may be requested to explain before the panel. Amendments may

be made to the appraisal reports to ensure parity of assessment, if necessary.

7/30/2019 hpl final -1

42/73

Objective of the ProjectIntroduction of the Problem

Primary Objective

To understand the basic features of performance management plan or performance

assessment in HPL ADDITIVES LTD and their contribution in the success of HPL

Additives Ltd within a short span of previous years.

Secondary objective

To identify which of the functional aspects/ Parameters are low and which dysfunctional

aspects/ Parameters are high in order to put some suggestion for increasing the former -

and reducing the latter in other words to move from dysfunctional to functional

performance assessment.

Significance of the Project

The six weeks of summer training at HPL Additives Ltd gave me a complete exposure to

the organizational work life. It was unique opportunity to explore the realities of Indias

leading companies as a researcher and gather knowledge from its vast repertoire of

experience.

It was great learning experience to know the duties performer, responsibilities taken and

the skill regained by the executives of the organization to reform heir jobs effectively and

efficiently. The project not only helps me to enhance my practical knowledge but it also

help me to understand how performance management work into the organization and how

executives assess their own employee into the organization.

The summer project, also made me realize the worth of an HR manager. I got to know the

importance of employee assessment and communication and interpersonal skill in getting

things done from other. In a net shell, it was a very fulfilling and fruitful period of my life

as a management student.

7/30/2019 hpl final -1

43/73

Definition - A Theoretical Perspective

Performance Management is the process of crating a work area setting in which peopleare enabled to perform to the best of their abilities. Performance Management is a whole

work system that begins when a job is defined as needed. System includes the flowing

actions-

1. Development job description

2. Select appropriate people with an apply selection process.

3. Negotiate requirement and accomplishment based performance standards

4. Outcomes measures.

5. Provide effective orientation training.

6. Provide ongoing coaching and feedback.

7. Conduct quarterly performance development discussions.

8. Design effective compensation and recognition systems that reward people for their

contribution.

9.

Provide promotional/crier contributions.

7/30/2019 hpl final -1

44/73

Preparation and Planning for performance management

Much work is invested, on the front end, to improve a traditional employee appreciate

process, Infect managers can feel as if the new process is too time consuming ones the

function of developmental goal is in place however time to an administrator the system

decreases. Each of these steps to taken with the participation and cooperation of the

employee for best results.

Performance Management and Development

Define the purpose of the job, job duties.

Define the performance goals with measurable outcomes.

Define the each job responsibilities a goal.

Define the performance standards for key components of the job,

Hold interim discussions and provide feedback abuts employee performance.

Maintain a record of performance through critical incident reports.

Provide opportunity for broaden feedback. Use 360` performance feedback system.

Develop administer a coaching and implement plan if the employee is not meeting

expectation

7/30/2019 hpl final -1

45/73

Performance Assessment and Development Plan In HPL ADDITIVES

LTD

Prior to filling the form please read carefully Instructions to the

Appraiser

Appraise the employee in related to the positions held during the period under

appraisal.

Be objective, Avoid any personal prejudice.

Do not evaluate on the basis of isolated incidents, but base your judgment on the

entire period under review.

Consider each independently, uninfluenced by the rating given for other factors.

This from will not be treated as complete and processed further until all selections are

filled up.

Performance appraisal guidelines

Appraisal procedure

Performance appraisal encompasses the on-going work-related discussions, which take

place between appraisals and appraisees throughout the year. The formal performance

appraisal meeting is normally attended by the employee and manager only; but when

relevant, another manager will also participate (e.g. functional head / HR person).

The Form And Its Contents

The guide for the performance / achievement rating is as follows.

OutstandingConsistently exceeds the requirement of job.

7/30/2019 hpl final -1

46/73

Exemplary performance - Far exceeds the requirement of job. Growth potential

unlimited.

Very good: - Handle assignments with thoroughness and perfection, effective discharge

of responsibilities to the satisfaction of superiors completes assignment in time. With alittle more initiative could have performed better.

Good: - Just meets the normal requirements of the job, needs substantial improvement in

all areas of work to meet requirement of complete employee.

Not Up to the Expectation - Not likely to meet the requirements of complete employee.

Section 1: Quarterly Self appraisal forms:

a) General notes on goals /target settingKey responsibility areas relate to the key result area on going and inherent in the

achievements and performance again each one. Targets and achievements are also to be

filled after discussing with the manager. Target related to the priority activates normally

are within the key responsibility areas. Target must be agreed between the manager and

the subordinate. Each target should be specified in such a way that it will be clear when it

is met and must include the time frame in which it elements to ensure consistence as

summarized in the acronym SMART (S-specific, M-measurable, A-achievable, R-

relevant, T-timer related). Although it is anticipated the performance against the target

will be assessed quarterly, it is responsibilities are reviewed at appropriate in travels

every quarterly. The manager should ensure that at all times the subordinate has a clearly

defined set of agreed Target.

7/30/2019 hpl final -1

47/73

Target for the period under review: -

In section 1 KRA/ assignment for the period under review should be stated. In some cases

it will be necessary for the objective to be amplified on a separate sheet and thisdocuments should be referenced on the form..

b) Achievement against TargetWere the target / expectations for the period under review achieved? Comments and

reasons for the success or failure should be given at the end of the review quarter period.

c) Target for the next quarterAt the beginnings of the quarter the target should be decided in Section 1. The aim is to

achieve sustainable improvement in the subordinates performance. Enter the date by

which the target should be achieved.

d) Overall View Of PerformanceThis is the Appraisee/managers view of the overall performance. Assessment must be

made on the overall rating listed above and in terms of the trend in performance.

Section2 : Annual Appraisal Form

To the filled up by the appraisee at the end of the annual review year.

Section3 : Potential And Qualitative Assessment

The objective is to provide an opportunity to the employee and the manager to discuss the

strengths that the individual brings to the job and examine the limitations, which may

require attention. The aim is to improve performance and development of the individual.

7/30/2019 hpl final -1

48/73

Section4 : Overall Performance / Potential Assessment

Space for other comments by the manager (if required for any issues with regard to

constraints to effective performance and / or supporting actions to achieve target).

a) Ratings / Final RecommendationRating has to be given by the Regional Manager / General Manager / Functional Head

after a through appraisal of the performance of the employee and in accordance with the

parameters given. Mention if any promotion / salary discrepancy / rewards / movement is

recommended.

b) SignatureThe managers and employees should sign the form at the end of the discussion

acknowledging that the objectives of the appraisal have been achieved and emphasizing a

joint commitment to implement and actions agreed upon. Signatures are to confirm that

the form has been read and the key points have been noted.

Section- 5 : Assessment For Development And Growth

Training for improvement and career development the training plan for the employee for

the coming year should be discussed.

The training identification form has to be filled and returned to the HR department. In the

month of the April for the preparation of the training calendar for the forth coming year.

The manager should return the complete field form within ten days hence from the

completion of the Annual Review period to the HRD Dept. in order to attain consistency

of the appraisal standards and relevant followup action.

7/30/2019 hpl final -1

49/73

CHAPTER-4

DATA ANALYSIS

AND

INTERPRETATION

7/30/2019 hpl final -1

50/73

DATA ANALYSIS

Representation of replies by graph

Does your company go for performance appraisal program?

1- Replied Yes 2- Replied Unaware 3- Replied No.

60%

30%

10%

1

2

3

7/30/2019 hpl final -1

51/73

Which Method of performance appraisal does your companyadopts?

1- Confidential Report 2- Fair Comparison 3- Ranking System 4- Rating

Scales

70%

20%

6%4%

0%

10%

20%

30%

40%

50%

60%

70%

80%

1

Series1

Series2

Series3

Series4

7/30/2019 hpl final -1

52/73

Are you satisfied with the method used?

1- Replied Yes 2- Replied Partly 3- Replied No

20%

30%

50%

1

2

3

7/30/2019 hpl final -1

53/73

Why your company is using this method?

1- To give incentive 2- To rate the overall performance 3- To increase

overall output 4- To develop skills to compete 5- No reply

30%

20%

15%

25%

5%

0%

5%

10%

15%

20%

25%

30%

35%

1

Series1

Series2

Series3

Series4

Series5

7/30/2019 hpl final -1

54/73

Who are performance raters?

1- Said Supervisors 2- Group Leaders 3- Managers 4- Peers

55%

20%

10%

15%

0%

10%

20%

30%

40%

50%

60%

1

Series1

Series2

Series3

Series4

7/30/2019 hpl final -1

55/73

What are the main criterias while doing performance

appraisal?

1- Employee work in that period 2- Employees past work 3- Output given by

them 4- Cant disclose

20%

15%

40%

25%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

1

Series1

Series2

Series3

Series4

7/30/2019 hpl final -1

56/73

Do you get any kind of benefit?

1- Replied Yes 2- Replied No

70%

30%

1

2

7/30/2019 hpl final -1

57/73

What are your views for companies present performance

appraisal program?

1- Satisfied 2- For training 3- For Motivating 4- Didnt Replied

40%

35%

15%

10%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

1

Series1

Series2

Series3

Series4

7/30/2019 hpl final -1

58/73

Can you suggest any new method, which can be used for

performance appraisal?

1-360- degree performance appraisal 2- Critical Incident Method 3-

Rating Scales

70%

20%

10%

0%

10%

20%

30%

40%

50%

60%

70%

80%

1

Series1

Series2

Series3

7/30/2019 hpl final -1

59/73

Do you think new method will be beneficial for the company?

1- Replied Yes 2- No Comments

80%

20%

1

2

7/30/2019 hpl final -1

60/73

Is your basic goal fulfilled?

1- Goal fulfilled 2- Said No

90%

10%

1

2

7/30/2019 hpl final -1

61/73

What are benchmarks for measuring the performance?

1- Employees work 2- Time spent in factory 3- Companies policy and

returns

40%

20%

40%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

1

Series1

Series2

Series3

7/30/2019 hpl final -1

62/73

INTERPRETATION

Analysis of result obtained after questioning

After going through the answers given by the various personnels working in the

company one thing is very clear that the people working in it are satisfied with thecompany. There are only 15% to 20% of the people who are not satisfied with the

company and this is very negligible amount.

The method, which is been used mostly by the company, is confidential

report. This method is very confidential and is very useful, it is been the

matter between the top management and the raters only. This is mostly

unbiased but at times some sort of biasness arises in between, due to which itlacks behind.

Employees want the method to be replaced by 360-degree performanceappraisal as it is very new method and most of the people are unaware of it.

But it really works to make the system to be successful.

Under this method the peers, managers etc have to rate the employeesperformance. There is least chance for the biasness to occur.

whose rating is to be done is in center and all other rates are around him who

rates him based upon various predefined criterias.

Performance appraisal is done by the company in order to provide them with

the incentives seek to the need for training among the employees, to motivate

the employees and to develop their skills to work better.

7/30/2019 hpl final -1

63/73

50% of the raters are the supervisors of the company and 20% are the group

leaders. People are partly satisfied with their raters.

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 byhim during the period.

After the performance is been rated the various kind of benefits are given to

the employees as 70% said yes.

People are not satisfied by the present performance appraisal method used

they want to go for a change and 80% said that the new method will definitelybe beneficial for the company.

90% of the companys basic goal is been fulfilled by the performance

appraisal of the employees.

Above is the overall analysis of the questionnaire as answered by the

personnels of the company.

7/30/2019 hpl final -1

64/73

CHAPTER -5

CONCLUSION

7/30/2019 hpl final -1

65/73

CONCLUSION

HPL Additives Ltd though seems to be an open organization but has a conservative

approach towards its performance management policies. There are many worker policies

provided for them. Besides this, their policies are quiet rigid.

There is no proper formation of grievance cell. Only basic amenities are being provided

to workers. Thus the strengths and weaknesses of the organization can be listed below.

Strengths

High concern for excellence in performance.

Continuous development of workforce.

No place for displacing personnel power.

A strong desire for making an impact on others for the well being of the

organization.

A good teamwork.

A desire to change adverse situations.

Weaknesses

Under utilization of decision-making power.

Rigid hierarchy level.

7/30/2019 hpl final -1

66/73

CHAPTER6

RECOMMENDATIONS

7/30/2019 hpl final -1

67/73

Recommendations

1. Though the employees are free in all respects, there should be more Employee

Empowerment.

2. Employees should be encouraged to do work creatively and innovate to improve the

growth rate of organizations.

3. While posting employee in different departments their personal choices should also

be taken into consideration.

4. Executives must be given jobs where they are creative rather than following orders of

the boss and obeying them willingly.

5. The career growth of employees should be planned on the long-term basis.

6. The (candidates) not considered for promotion, should be informed about their

weaknesses so that they can work on it.

7. Separate session on planning the KRA should be taken up and must be discussed and

signed jointly between the appraiser and the appraisee.

8. HPL ADDITIVES LTD should introduce mid year review into the system and must

rate the employee and provide them with necessary training and development.

7/30/2019 hpl final -1

68/73

CHAPTER-7

APPENDIX

7/30/2019 hpl final -1

69/73

BIBLIOGRAPHY

Books

Organizational behavior - Robbins, Stephen P

Personnel Management and Human Relations - Venkata Ratnam, C S and

Srivastava, B K

Human Resource Management - Ashwathappa, K

Human Resource Management - Rao, V S P

Web sites

www.google.com

www.hrmguide.net

www.managementscience.org

www.londonexternal.ac.uk

www.hr.com

www.wikipedia.com

http://www.google.com/http://www.hrmguide.net/http://www.managementscience.org/http://www.londonexternal.ac.uk/http://www.hr.com/http://www.wikipedia.com/http://www.wikipedia.com/http://www.hr.com/http://www.londonexternal.ac.uk/http://www.managementscience.org/http://www.hrmguide.net/http://www.google.com/

7/30/2019 hpl final -1

70/73

Questionnaire

1. Name:

2. Age:

3. Nature of work:

4. Job Title:

5. Department Name:

1. Do you know about performance appraisal?

Yes

No

2. Does your company go for performance appraisal program?

Yes

No

Unaware

3. Which Method of performance appraisal dos your company adopts?

Confidential Report

Rating Scales

Ranking System

Fair Comparison Method

Forced Choice Method

7/30/2019 hpl final -1

71/73

Critical Incident Method

360-Degree Performance Method

Checklist Method

Graphic Rating Scale

Paired Comparison

4. Are you fully aware of the method used to measure the performance?

Yes

No

5. Are you satisfied with the method used?

Yes

No

Partly

6. Who are performance raters?Manager

Group Leader

Coordinator

Supervisor

Peers

7. Are you satisfied with them?

Yes

No

7/30/2019 hpl final -1

72/73

8. Do you want it to be held regularly by your company?

Yes

No

9. Is there any increase in salary after the performance appraisal is held?Yes

No

Do you get any other kind of benefit after performance appraisal is held? (Mention)

Your view for the companies present performance appraisal program?

Any other suggestions you would like to give seniors in respect of performance

appraisal program?

7/30/2019 hpl final -1

73/73

CHAPTER3

RESEARCH

METHODOLOGY