ASSESEMENT OF EMPLOYEE PERFORMANCE APPRAISAL PRACTICE OF DASHEN BANK S.C

Abstract

Employee performance appraisal is one of the most commonly used management tools in the organization irrespective of their type, size and objective. The study has the general objective of assessing employee performance appraisal practice of Dashen bank S.C. Recent research has moved away from studies of rater accuracy and rating instruments to themes of employee reactions towards performance appraisal as indicators of system satisfaction and efficiency. An assessment of performance appraisal system has been studied as a significant factor in employee acceptance and satisfaction. This study assesses the performance appraisal system of Dashen bank S.C Data were obtained via questionnaire from 300 participants at the head office and 40 branches of the bank in A.A. an interview was also made with some key personnel of the bank particularly with employees working in administration and human resource department. The findings of the study indicated that respondents perceived the performance appraisal system. Majority of employee (63.33%) agreed that they do not known the purpose of performance appraisal system, 6.66% of employee said that the purpose of performance appraisal system is for bonus & promotion, 20% of employees agreed that for salary increments and 3.33% of employee said that for training & development. The objective of appraisal should be made clear to all employees before appraisal take place and employees should accept it In general the overall view of management should advocate the accuracy of measurement and take corrective action in case of unfair ratings. With this context the management effort to the betterment of the appraisal system will result in reliable performance measurement.