Impact of Performance Appraisal on Productivity of Employees In New Private Sector Banks on Coimbatore, Tamil Nadu

H.Ajitha; Dr.N.Panchanatham

Volume : IV, Issue : II, February - 2015

Impact of Performance Appraisal on Productivity of Employees In New Private Sector Banks on Coimbatore, Tamil Nadu

H. Ajitha, Dr. N. Panchanatham

Abstract :

Performance Appraisal is a commonly used powerful Human Resource tool used in the organization for attaining its objective. The major objective of the management is to motivate and encourage employees to improve their performance and productivity, which helps in the overall development of the organization. The study aims to explore the impact that Performance Appraisal has on the productivity of the employees in New Private Sector Banks in Coimbatore city,India. Structured questionnaire was used to collect data from the respondents. Using Performance Appraisal as a motivational tool for the employees helps to increase employee satisfaction with Performance Appraisal leading to increase in their productivity, which helps the organization to achieve its goals.