| Abstract: | Human resource is a significant arena in the existence of any organization; organizations cannot survive without their employees. Therefore, employees are obligated to fulfill various types of tasks while they are stood to be working. This paper articulates the existing practice of performance appraisal and assesses employee’s attitude towards the subject. Both primary and secondary data were collected using questionnaires, interview and written materials. Simple random samplings were used to collect primary information and accordingly descriptive statistics were used to analyze the data gathered. The finding of the study revealed that NIB is engaged in performance appraisal. However the study found out that the bank practice show shortcomings in the nature of the standard used for evaluation, capacity of supervisors/managers and subjectivity of measurement and inapplicability of the practice for salary and promotion related decisions. Moreover, employees’ attitude found to be at a lower level with respect to many attributes of performance appraisal. There is also no attitude difference among the different job levels. Hence, it is suggested that the bank should maintain its strong sides, alleviate its weakness by implementing modern and up to date appraising methods, and actively participate its employees in the process. Performance evaluation helps to identify the strength and weakness of employees and some other administrative as well as developmental uses. Performance appraisal enhances employees’ knowledge, skills and competencies. Especially in service giving organizations such as banks, it plays a crucial role in resulting organizational efficiency, effectiveness, and competency. The inability of organizations to install an effective performance appraisal strategy has hindered them from achieving competitive advantage. Having this in mind, this paper has tried to assess the performance appraisal practice. This study was engaged in Descriptive research type and also it used stratified random sampling technique to take a sample from the total population of 450 existed in the head quarters. |
