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Performance
Appraisal
Prepared By:
Shahrose Bakh (20201-27898)
Rahina Inayat (20201-27775)
Sidra Sadruddin (20201-28138)
Acknowledgement:
Ms. Tayyaba Fasih & Ms. Ayesha
Waseem
Background of the study
It is believed to be the most
controversial techniques for a
human resource manager. It is
used to assess the mental and
physical health of the employees
It inculcates and formulates a clear
image in front of the management
regarding the employee, and how
well he is engaged in their assigned
tasks or where they might be feeling
any sort of difficulty.
Performance Appraisal is the element of employee’s motivation.
It allows to create an ease for HR managers
to assess and create better packages in
managing employees more adequately
Problem Statement
Statement 1
• The Performance Appraisal can be made
most effective in order to assure that
the productivity, motivation and growth
of the employee is not getting
compromised in any way.
Statement 2
• Make it easy for the managers to see
how employees are engaging and
contributing to the organization.
Statement 3
• There is the traditional performance
criteria in which employees have no
rights to evaluate themselves for the
appraisals.
Dawood Hercules Corporation (DH)
INTRODUCTION
• It is one of the most prestigious publicly listed company.
• The corporation is known for managing plans, deployment, as well as maintenance of investments
through their diverse range of sectors.
• Engro Corporation Limited is one of the subsidiaries of Dawood Hercules Corporation.
• The company is relatively small and has the fewer than 50 employees. The size of the company makes
each employee very significant for the company as they all have a unique job.
VISION, MISSION and VALUES
• VISION STATEMENT: “The leading investor and wealth creator of value driven businesses”.
• MISSION STATEMENT: “We will maximize profit by investing in businesses that share our
vision and fulfill our investment criteria to achieve our growth and return aspirations on a
consistent basis. We will create intrinsic value by incorporating efficiency and capability within
our existing operations and through our investments”.
• VALUES:
Integrity
Team-work
Diversity
Accountability
DATA ANALYSIS
• Questionnaire
• Made with the help of a course book of
HRM and approved by Maam Tayyaba
Fasih.
• Data collection
• Through interview from Human Resource
Manager of Dawood Hercules
• Interview was conducted through online
platform i.e., Zoom*
• Analyze the data and report the findings
• Provide certain recommendation based on
findings.
*https://us05web.zoom.us/j/87591421234?pwd=VXpsRnNaQ3JmZEd3Ymc2SDA3S2tsUT09
Finding THROUGH THE INTERVIEW
According to the data analysis of the company’s online appraisal system:
Traditional
System
Online
System
Structure of Performance Appraisal (1/2)
• 70% evaluation is based in GOALS AND KPIS.
• Each and everyone in the organizations have smart goals and have five tier performance
rating system:
Meet your need
Meet your improvement
Meet your expectation
Exceed expectation
Outstanding performance
Evaluate
Performance
Employer
Provide
Training
(online
platform)
Employee
makes
SMART Goals
HR and
Management
assess them
Structure of Performance Appraisal (2/2)
• 30% of the weight age goes to CORE VALUES (accountability, integrity, commitment to
excellence)
Evaluation Process:
Employee Self
review
Line Manager
Review
Department
Head
Departmental
meeting
Calibration
Exercise by
CEO
HR finalize the
Increment /
promotions
Barriers to performance Appraisal
The employers tend to reward everyone a middle standard rating to avoid the confrontation and
create a workplace conflict.
Employees shows less interest in using and analyzing their performances through online
platform.
Employers do take Peer Reviews to access the performances but, it is not the part of their
performance appraisal
Employees are expected to make smart and relevant short-term goals that can be done within a
year. But employees usually fails to do it and HR management needs to resolve this issue in order
to meet the criteria.
Recommendations
Following recommendations can help improve the overall efficiency of the performance
appraisal Process:
There is no proper criteria to access the employee’s performance by looking at past trends.
Example: If the employee has graded as Good last year, the employer will not see the trend and
will access them according to the performance of the recent year.
Trend Evaluation
If the above items are incorporated, we believe it'll vastly improve the overall performance and appraisal cycle
This provides a useful way to obtain an unbiased, specific, and well-organized response to
employee performance in a variety of ways.
360 Degree
Feedback
The process of incorporating critical events as a set of processes to define employee’s behavior
by compiling a description of events of special significance and including the same whilst
finalizing the performance appraisal of an employee
Critical Incident
Procedure
Conclusion
• Dawood Hercules Corporation is indeed commendable and promises
a long-term sustainable growth for the employees along with the
productivity of the organization.
• It allows to gage the employees into working more effectively and
fulfilling the desired goals on time.
• Career and promotion opportunities can be further enhanced with
the prescribed recommendations regarding the adoption of the
Individual Development Plan (IDP).
HRM_Performance Appraisal (1).pptx

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HRM_Performance Appraisal (1).pptx

  • 1. Performance Appraisal Prepared By: Shahrose Bakh (20201-27898) Rahina Inayat (20201-27775) Sidra Sadruddin (20201-28138) Acknowledgement: Ms. Tayyaba Fasih & Ms. Ayesha Waseem
  • 2. Background of the study It is believed to be the most controversial techniques for a human resource manager. It is used to assess the mental and physical health of the employees It inculcates and formulates a clear image in front of the management regarding the employee, and how well he is engaged in their assigned tasks or where they might be feeling any sort of difficulty. Performance Appraisal is the element of employee’s motivation. It allows to create an ease for HR managers to assess and create better packages in managing employees more adequately
  • 3. Problem Statement Statement 1 • The Performance Appraisal can be made most effective in order to assure that the productivity, motivation and growth of the employee is not getting compromised in any way. Statement 2 • Make it easy for the managers to see how employees are engaging and contributing to the organization. Statement 3 • There is the traditional performance criteria in which employees have no rights to evaluate themselves for the appraisals.
  • 4. Dawood Hercules Corporation (DH) INTRODUCTION • It is one of the most prestigious publicly listed company. • The corporation is known for managing plans, deployment, as well as maintenance of investments through their diverse range of sectors. • Engro Corporation Limited is one of the subsidiaries of Dawood Hercules Corporation. • The company is relatively small and has the fewer than 50 employees. The size of the company makes each employee very significant for the company as they all have a unique job.
  • 5. VISION, MISSION and VALUES • VISION STATEMENT: “The leading investor and wealth creator of value driven businesses”. • MISSION STATEMENT: “We will maximize profit by investing in businesses that share our vision and fulfill our investment criteria to achieve our growth and return aspirations on a consistent basis. We will create intrinsic value by incorporating efficiency and capability within our existing operations and through our investments”. • VALUES: Integrity Team-work Diversity Accountability
  • 6. DATA ANALYSIS • Questionnaire • Made with the help of a course book of HRM and approved by Maam Tayyaba Fasih. • Data collection • Through interview from Human Resource Manager of Dawood Hercules • Interview was conducted through online platform i.e., Zoom* • Analyze the data and report the findings • Provide certain recommendation based on findings. *https://us05web.zoom.us/j/87591421234?pwd=VXpsRnNaQ3JmZEd3Ymc2SDA3S2tsUT09
  • 7. Finding THROUGH THE INTERVIEW According to the data analysis of the company’s online appraisal system: Traditional System Online System
  • 8. Structure of Performance Appraisal (1/2) • 70% evaluation is based in GOALS AND KPIS. • Each and everyone in the organizations have smart goals and have five tier performance rating system: Meet your need Meet your improvement Meet your expectation Exceed expectation Outstanding performance Evaluate Performance Employer Provide Training (online platform) Employee makes SMART Goals HR and Management assess them
  • 9. Structure of Performance Appraisal (2/2) • 30% of the weight age goes to CORE VALUES (accountability, integrity, commitment to excellence) Evaluation Process: Employee Self review Line Manager Review Department Head Departmental meeting Calibration Exercise by CEO HR finalize the Increment / promotions
  • 10. Barriers to performance Appraisal The employers tend to reward everyone a middle standard rating to avoid the confrontation and create a workplace conflict. Employees shows less interest in using and analyzing their performances through online platform. Employers do take Peer Reviews to access the performances but, it is not the part of their performance appraisal Employees are expected to make smart and relevant short-term goals that can be done within a year. But employees usually fails to do it and HR management needs to resolve this issue in order to meet the criteria.
  • 11. Recommendations Following recommendations can help improve the overall efficiency of the performance appraisal Process: There is no proper criteria to access the employee’s performance by looking at past trends. Example: If the employee has graded as Good last year, the employer will not see the trend and will access them according to the performance of the recent year. Trend Evaluation If the above items are incorporated, we believe it'll vastly improve the overall performance and appraisal cycle This provides a useful way to obtain an unbiased, specific, and well-organized response to employee performance in a variety of ways. 360 Degree Feedback The process of incorporating critical events as a set of processes to define employee’s behavior by compiling a description of events of special significance and including the same whilst finalizing the performance appraisal of an employee Critical Incident Procedure
  • 12. Conclusion • Dawood Hercules Corporation is indeed commendable and promises a long-term sustainable growth for the employees along with the productivity of the organization. • It allows to gage the employees into working more effectively and fulfilling the desired goals on time. • Career and promotion opportunities can be further enhanced with the prescribed recommendations regarding the adoption of the Individual Development Plan (IDP).