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    A

    Project Report

    On

    STUDY ON THE METHOD OF PERFORMANCE

    APPRAISAL OF EMPLOYEES

    Submitted towards partial fulfillment of the requirement for the award

    of the degree of

    Bachelor of Business Administration

    2009-2012

    Submitted to: Submitted by:

    Ms. Neha Walia SAHIL SINGLA

    BBA

    AMITY GLOBAL BUSINESS SCHOOL, CHANDIGARH

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    DECLARATION

    I, SAHIL SINGLA roll noA30706409023 class BBA 2ND of theAMITY

    GLOBALBUSINESS SCHOOL hereby declare the project entitled

    Performance appraisal, in MANATEC ELECTRONICS LTD is an original

    work and the same has not been submitted to any other institute for the

    award of any other degree. The interim report was presented to the

    supervisor on And the pre-submission of presentation was

    made on ......the feasible suggestions have been duly incorporated

    in consultation with the supervisor.

    Countersigned Signature of candidate

    Signature of the supervisor

    Director/principal of the institute

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    PREFACE

    Knowledge without application is a waste, so it is necessary to provide the

    practical knowledge along with the theoretical knowledge. It is very easy to

    study fundamental of performance appraisal.

    A person has to face a lot of problems when he goes through the actual

    atmosphere of business, no doubts class room study is an important part of

    knowledge of business environment, but practical exposure provide some

    extra knowledge about the theoretical concepts. As time passes people

    become experienced and skilled which is not so with the other resources that

    generally depreciate as the time passes by. It is a matter of commonknowledge that every business organization for its effective functioning

    depends not so much on its material or financial resource, which is able to

    produce an output greater than its input. It is the human resource & its

    performance on which all other resources are dependable.

    The successful completion of this project was a unique experience for me

    because getting in to some organization is itself a great opportunity for me as

    achieved better practical knowledge about PERFORMANCE APPRAISAL the

    experience which I gained is very essential at this turning Point.

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    Acknowledgement

    No big organization can long ignore the performance appraisals

    needs of its employees without seriously inhibiting the performance.

    So, it gives me great pleasure to submit this report on Performance

    appraisal, in MANATEC ELECTRONICS LTD.

    During the preparation of this report, I have taken help from many

    executives ofMANATEC ELECTRONICS LTD..

    I express my sincere gratitude to Ms. Neha Walia for providing me

    an opportunity & Guidance for the project from time to time.

    I thank to my parents due to whom I am able to reach at this level, lastly I

    thank to all those who have helped me directly and indirectly in carrying

    out this project work.

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    EXECUTIVE SUMMARY

    Performance appraisal is the process of obtaining, analyzing and recording

    information about the relative worth of an employee. The focus of the

    performance appraisal is measuring and improving the actual performance of

    the employee and also the future potential of the employee. Its aim is to

    measure what an employee does.

    Performance appraisal is a systematic way of reviewing and assessing the

    performance of an employee during a given period of time and planning for

    his future.

    Performance appraisal is necessary to measure the performance of the

    employees and the organization to check the progress towards the desired

    goals and aims.

    The objective of this project work was to provide a broader outlook on

    Performance Appraisal. The other objective of the study is to know the

    purpose of performance appraisals.

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    Table of Contents

    Contents Page no.

    Chapter-1

    Introduction

    Significance of Problem

    Review of existing literature

    Conceptualization

    Operationalization of the concept

    Focus of the study

    Objectives of the study/Project

    Hypothesis

    Limitations

    Chapterization

    Notes (References)

    Chapter-2

    Research Methodology

    Universe and Survey Population (Industry Profile)

    Profile of the organization/Company

    Research Design

    Sample Size & Techniques

    Data collection (Primary & Secondary) Identified independent and dependent variables

    Content Analysis

    Applied Statistical Tools (Analysis Pattern)

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    Chapter-3

    Objective Wise Systematic Analysis (Micro Analysis)

    Chapter-4

    Macro Analysis

    Chapter-5

    Summary of major Observations, findings & Recommendation

    Bibliography

    Appendices

    Questionnaire

    Raw analysis

    List of Graphs

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    SIGNIFICANCE OF PROBLEM

    The study will be worth full for the industry to take some updated and

    dedication and will make them competent within the existing dynamic

    environment. The study will provide the industry clues about what the

    employees expect or what modifications they want in the existing process of

    performance appraisal measures in order to make the performance appraisal

    programs more impact able on the employees. This will not only upgrade the

    morale of employees but also will maintain the faith of the workers in the

    organizations policies. This will make the employees to work with more

    confidence.

    This study is also helpful in knowing the Comparative analysis of Manatec

    Electronics Ltd.

    According to MANATEC Electronics Ltd. HRM is committed to using innovative

    ideas and technology to provide the customer base skills, technology tools and

    access to information they need to meet the goals and objectives. Therefore

    the role of HR is of utmost importance.

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    Its the focal point for technological change and improvement for the human

    resources business process. HRM is responsible for the Personnel as well as

    the other departments.

    REVIEW OF EXISTING LITERATURE

    The history of performance appraisal is quite brief. Its roots in the early 20th

    century can be traced to Taylors pioneering Time and Motion studies. In

    almost every company, every worker is subjected to periodic appraisal of his

    performance.

    An effective performance appraisal system brings rationality in management.

    If it want to maximize its effectiveness then the enterprise must have tool by

    which it can discriminate between an effective manager and a not-so-effective

    manager.

    Today, appraisal is not something of a choice left to the wishes of the corporate

    bosses. Nor it is a privilege to be enjoyed by few conglomerates. Today it is a

    must for every organization for its survival and growth. It is a formal exercisein which an organization makes an evaluation of its employees, in terms of

    contributions made towards achieving organizational objectives and/or their

    personal strengths and weaknesses, and it terms of attributes and behaviors

    demonstrated for meeting whatever objective the originators may consider

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    relevant.

    Performance appraisal systems are widely used today. None is perhaps

    perfect. Many advocate their discontinuance. More rational ones plead for

    their improvement through continuous dialogue with line managers. However

    some appraisal system fails, efforts to improve them notwithstanding. There

    are several reasons for such a failure.

    DEFINITIONS

    Performance appraisal is a systematic assessment of an employee in

    terms of the performance, aptitude and other qualities which are

    necessary for successfully carrying out the job.

    Performance appraisal is a regular review of employee performance

    with in the organization.

    The Salient Features Are :

    The appraisal must be based on observed performance and behavior

    on the job, which requires specific facts to be recorded before arriving

    at qualitative appraisal of individuals.

    The new system pre-supposes the practice of goal and target setting as

    a part of Corporate/Divisional/Units plans.

    Attention is also focused on the potential & development of each

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    individual.

    Where applicable, staff will be appraised by two Assessors. The

    Assessee must have the opportunity to discuss his/her performance

    with the Assessor at a formal appraisal interview.

    The new Appraisal Form casts a serious responsibility on the part of the

    Assessor for achieving objectivity, which alone can ensure the success of the

    Whole Appraisal System.

    Appraisal must not discriminate against anyone on the grounds of age, gender,

    sexual orientation, race, religion, disability etc.

    CONCEPTUALIZATION

    Appraisals! The times when employees look forward to a raise and a

    promotion and the bosses, may be, not quiet so. Most feel that for bosses, this

    is the time to remind you again for all the times you failed to deliver!

    On a more serious note, appraisals by and large mean reviewing your past

    performance (achievements) and providing you feedback for improvements.

    So, if there's been little or no performance, there'll be little or no appraisal in

    your salary and position.

    Appraisal cycles vary from organization to organization. Most have six-

    monthly or annual reviews. Some also follow the process of a project-end

    review along with the usual organization review cycle of six months or a year.

    However, the important thing that some of us might discount is that appraisals

    are as much about your future performance as they are about your past

    performance.

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    It is a powerful tool to calibrate, refine and reward the performance of the

    employee. It helps to analyze his achievements and evaluate his contribution

    towards the achievements of the overall organizational goals.

    .

    OPERATIONALIZATION OF THE CONCEPT

    Performance appraisal in MANATEC Electronics Ltd:-

    HR department of MANATEC Electronic Ltd has to decide upon the content

    to be appraised before the programme is approved. Generally, the content to

    be appraised is determined on the basis of Job analysis. The content to be

    appraised may vary with the purpose of appraisal and type and level or

    employees.

    Appraisal factor used in MANATEC Electronics Ltd: -

    There are various factor used for Appraisal in MANATEC Electronics Ltd

    1) Ability to plan, delegate, control and coordinate.

    2) Knowledge of the job.

    3) Clarity about objectives.

    4) Ability to take decisions.

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    5) Power of expression, written and verbal.

    6) Cooperation.

    7) Manner and general bearing.

    8) Initiative.

    9) Communication skill.

    10) Attitude to work

    11) Loyalty

    12) Sociability

    However the content to be appraised varies from higher-level

    employees to these of junior cadre employees. Such as work force

    assistants. There are various factors to be appraised in junior cadre

    employees.

    They are

    1) Knowledge of work.

    2) Ability to learn.

    3) Initiative

    4) Personality

    5) Hygiene

    6) Attendance

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    7) Ability to communicate

    8) Loyalty.

    Appraiser is the person who has through knowledge about the job

    content. In MANTEC Electronics Ltd, Appraisal is mainly done by

    HOD

    The immediate senior

    Employees appraise their own performance. (Self appraisal)

    APPRAISAL PROCESS OF MANATEC ELECRONICS LTD:-

    * MANATEC ELECTRONICS LTD stands for -

    Emotion before Economics

    Principles before Profits

    Values before Wealth

    Man before Money

    Country before Religion

    Quality before Quantity

    Conscience before Corporation

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    Family before Fortune

    First of all performance standard is established and the employees are

    rated on the basis of established standard.

    The appraisal for is being rated by employees him/ her-self, and by the

    immediate Superior and lastly by the HOD.

    Various Scales are being used to rate the employees, Such as: -

    a) Quality of work.

    b) Interpersonal relation.

    c) Confident.

    d) Tidiness etc.

    On the basis of this rate scales employees are either promoted or given any

    increment etc or even dismiss.

    The systematic appraisal is conducted on regular basis that is annually

    here-

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    Rating Process: -

    Following rating process used to rate the employees

    Over All Rating: -

    Outstanding (46-50)

    Very Good (36-45)

    Good (25-35)

    Average (20-25)

    Below Average (19 or less)

    The potential of the employees is also appraised in this way:-

    1. Do he/ she have potential to assume?

    2. Details of training undergone during the year.

    3. Indicate your training needs.

    4. Special remarks if any.

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    FOCUS OF THE STUDY

    As it is clear from the topic that the project is concerned with the evaluation &

    analysis of the performance & appraisal system being followed on theemployees of MANATEC. As how they are rewarded and praised for their

    performance. It is concerned with each & every department of MANATEC,

    which is directly or indirectly related with personnel.

    OBJECTIVES OF THE STUDY

    To give feedback on performance to employees.

    To identify employee training needs.

    To make document criterias used to allocate organizational rewards.

    To form a basis for personnel decisions-salary (merit) increases,promotions, disciplinary actions etc.

    To provide the opportunity for organizational diagnosis and

    development.

    To facilitate communication between employee and administrator.

    To validate selection techniques and human resource policies to meet

    federal Equal Employment Opportunity requirements.

    For developing and directing high-level projects and programs that have

    major impact and to motivate the employees to take part in such

    projects.

    For establishing discipline guidelines and providing advice to

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    department to check employees performance.

    Providing budgetary, financial and facilities management for

    performance appraisal of the employees.

    ESSENTIALS OF A GOOD APPRAISAL SYSTEM

    Following are the essentials of a good appraisal system:

    It must be easily understandable and should not be too complex or

    consuming.

    It must have the support of all line people who administer it and a

    similar goodwill & understanding between the rater and the rates.

    The system should fit the organizations operations and structure, where

    the operations are interdependent and interlinked. The system should be both valid reliable so that consistency & indicative

    degree with the rating are made.

    The system should have built incentive, that is, a reward should follow

    satisfactory performance.

    The system should be periodically evaluated to be sure that it is

    continuing to meet its goals, it should not be rigid by its nature.

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    HYPOTHESIS

    The HR department with its deep concern for its employees aims to have a

    better understanding of people, generating awareness among them of their

    roles as a resource of the organization for the attainment of its goals and

    objectives. With a challenge of developing a highly skilled and flexible

    workforce, through continuous Performance appraisal, it seems that HR has

    become an integral and indispensable part of any organization and its

    presence is very much required for achievements of its organization goals and

    its success.

    The study examined the following hypothesis:

    1. The Corporation's performance appraisal, when used properly, has not met

    the criteria of a developmental performance appraisal.

    2. The use of an employee performance appraisal for developmental purposes

    has not served to make the employees more effective, as compared to a

    performance appraisal that has not attempted to develop employees.

    The study will attempt to prove the first hypothesis by comparing the

    criteria used by the Corporation for performance appraisal as compares with

    performance appraisal being used for developmental purposes. As a means of

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    verifying the hypothesis, the purposes for a developmental performance

    appraisal were compared to the purposes of The Corporation's performance

    appraisal.

    Limitations of the study

    Every survey has some sort of limitations and this survey has also some

    limitations:-

    1. Time constraint: - Limited time available was not enough to convince the

    people

    2.Awareness: - People have not exact and appropriate knowledge about this.

    3. Incorrect information: - Their might be wrong information provide in the

    Questionnaire.

    4. In updated data: - Data collected is secondary which is not afresh and

    updated.

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    1. Halo error: - The Halo Effect is a tendency to let the assessment of

    an individual one trait influence the evaluation of that person on

    other specific traits.

    The Halo Effect refers to the tendency to rate an individual consistently high

    or low or average on the various traits, depending upon whether the rate is

    overall impression of the individual is favorable or not. This means that the

    halo effect allows one characteristics, observation or occurrence (either good

    or bad) to influence the rating of all performance factor.

    This effect arises when traits are unfamiliar, ill-defined and involve personal

    relations.

    2. Leniency or Constant Errors: - Every evaluation has his own value

    system, which acts as a standard against which he makes his

    appraisals. Relative to the true or actual performance an individual

    exhibits some supervisors have a tendency to be liberal in then

    ratings i.e. they consistently assign high value the their employees,

    while at other times they may have a tendency to assign consistently

    low ratings. The former tendency is known as Positive leniency

    error, while the later as negative leniency errors.

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    3. Central Tendency Problem: - It assigns average ratings to all the

    employees with a view to avoiding commitment or involvement, or

    when the rater is in doubt or has inadequate information or lack of

    knowledge about the behavior of employee or when he has not much

    time at his disposal. Such tendency seriously distorts the evaluations

    making them most useless for promotion, salary or counseling

    purposes.

    4. Similarity Error: - This type of error occurs when the evaluator

    rates other people in the same way he perceives himself. For

    example, the evaluation that perceives himself as aggressive many

    evaluate others by looking for aggressiveness. Those who show this

    characteristic may be benefited while others may suffer. This error

    also washes out if the same evaluator appraises all the people in the

    organization.

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    CHAPTERIZATION

    CHAPTER I: -Chapter one is introduction i.e., significance of the problem,

    review of existing literature, conceptualization, Operationalization of the

    concept, focus of the study, objectives, hypothesis, limitation, notes.

    CHAPTER II:-Chapter two is explain the research methodology which

    includes universe and survey population, profile of the organization, research

    design, sample size and techniques, analysis pattern, data collection(primary

    & secondary),identified independent & dependent variables and content

    analysis.

    CHAPTER III: - Chapter three explains the objectives wise analysis

    CHAPTER IV: - Chapter fourth is all about macro analysis.

    CHAPTER V: - Chapter fifth is summary of major observation &

    recommendations

    CHAPTER VI: -Chapter sixth includes questionnaires/schedule, raw analysis

    & tables and

    Bibliography.

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    Notes (References)

    Einstein, W. O., & LeMere-Labonte, J. 1989. Performance appraisal:

    dilemma or desire? Sam Advanced Management Journal,54 (2): 26-30.

    Monga, M. L. 1983. Management of Performance Appraisal. Bombay:

    Himalaya Publishing House.

    Oberg, W. 1972. Make performance appraisal relevant. Harvard Business

    Review, January-February 1972: 61-67.

    Patten, T. H., Jr. 1982.A Manager's Guide to Performance Appraisal.

    London: Free Press.

    Rao, T. V. 1985. Performance Appraisal Theory and Practice. New Delhi:

    Vikas Publishing House.

    Craig, S. E., Beatty, R. W., & Baird, L. S. 1986. Creating a performance

    management system. Training and Development Journal, April: 38-42;

    May: 74-79.

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    RESEARCH METHODOLOGY

    Research Methodology is a way to systematically solve the problem. It may be

    understand as a science of studying research problem. In it, we study the

    various steps that are generally adapted by a researcher in studying his

    research problem along with the logic behind them. It is a carefully

    investigation or inquiry especially through search for new facts in any branch

    of knowledge.

    My purpose for research is to know about the organizational climate and its

    policies regarding PERFORMANCE APPRAISAL of the employees, being done

    within the company. There is a Performa already been made by the HR

    MANAGER for this purpose, to know about the performance of the employees

    department wise, even then a Questionnaire is made & distributed to the

    HODs of all the departments and the data is collected through survey?

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    COMPANY PROFILE

    MANATEC was the first company in Asia to manufacture Automobile Service

    Station Equipments. Having sensed the huge potential and requirement in the

    field of servicing automobile. MANATEC established a R&D Carry out Research

    on the key products, like computerized Wheel Alignment Systems,

    Computerized Wheel Balancers, and Pollution Checking Equipments etc.

    In 20 years, the Company has established manufacturing set up to produce

    high quality Garage Equipments. MANATEC has its Manufacturing facility at

    Pondicherry, India, located 160 kilometers south of Chennai. MANATEC holds40 percent market share in India. Products not manufactured or being

    imported and distributed in the domestic market.

    The Products of MANATEC has been approved by all leading Car

    Manufacturers and Tyre Manufacturers - MARUTI, TATA MOTORS, HYUNDAI,

    FORD, MAHINDRA & MAHINDRA, SKODA, EICHER, HINDUSTAN MOTORS,

    APOLLO TYRES, J.K. TYRE, GOODYEAR, BRIDGESTONE, CEAT, HPCL, IOCL,

    BPCL, IBP, RELIANCE, ESSAR, etc., shows the investor confidence in our quality

    and service.

    On becoming very successful in Indian Market, MANATEC has entered the

    Export Market in the year 2005. Today MANATEC is exporting to more than 12

    countries and aiming to export to more than 50 countries by 2010.

    Today MANATEC is emerging as a truly global player in the automotive

    aftermarket with clear vision and goals towards Total Customer Satisfaction.

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    COMPANY PRODUCTS

    1.WHEEL CARE EQUIPMENTS

    WHEEL ALIGENERS

    WHEEL BALANCERS

    TYRE CHANGER

    AUTOMATIC TYRE INFLATOR

    NITROGEN FILLING STATION

    2. POLLUTION CHECK EQUIPMENTS

    FOUR GAS ANALYSER DIESEL SMOKE METER

    3. LIFTING EQUIPMENTS

    TWO POST LIFT (ELECTRO MECHANICAL)

    TWO POST LIFT (ELECTRO HYDRALUIC)

    FULL RISE SCISSOR LIFT

    LOW RISE SCISSOR LIFT

    WHEEL ALIGENMENT SCISSOR LIFT

    FOUR POST LIFT

    4. BODY SHOP EQUIPMENTS

    PAINT SPRAY BOOTH

    WELDING MACHINE

    PLASMA CUTTER

    5. UTILITY EQUIPMENTS

    HEAD LAMP ALIGENR

    A/C RECYCLING EQUIPMENTS

    AIR COMPRESSOR

    VEHICLE WASHER

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    PRODUCTION FACILITY

    Wheel Aligner Production Wheel Balancer Production

    Tyre Changer Production Gas Analyzer & Smoke Meter Production

    Tool Room R&D

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    SERVICE POLICY

    MANATEC - "THE CLIENT PARTNER"

    "We aim at customer delight - not just customer satisfaction"

    Our dedicated Customer Support Department works scientifically with

    constant interaction with customers even after the warranty periods,

    acquiring feedbacks, generating Management Information System, which

    enables us to achieve customer delight.

    Very clear service policies are devised to ensure Uninterrupted Support.

    OUR SERVICES HIGHLIGHTS

    Strategic Services Network - all over India, service engineers are placed

    in 50 locations to cater to the needs of valuable customers.

    All the service engineers are provided with mobile phone for easy and

    instant access.

    Experienced Senior Managers at Zonal Offices to support the field

    engineers for providing effective services to our clients.

    System of regular analysis of field problems and interaction with R&D

    and Production departments.

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    Toll Free Customer help line

    at corporate office.

    PRE-INSTALLATION SITE PREPARATION

    Necessary advises with technical drawings are provided to the

    customers for the preparation of site, before the installation of

    equipment.

    INSTALLATION & COMMISSIONING

    After preparation of the site, the equipments are installed,

    checked and calibrated with the relevant vehicles data stored in the

    system's memory, for the ease of customers to use the equipment for

    various vehicles in the market.

    TRAINING TO TECHNICIANS

    Necessary training is provided to the technicians and users of the

    equipment properly, safely and in commercially viable manner.

    WARRANTY SUPPORT

    1 year warranty support is provided to the customer from the date

    of Installation & Commissioning of the equipment, on site. The warranty

    covers, the breakdown services and replacement of spares, which fail

    due to any manufacturing defect.

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    POST WARRANTY SUPPORT

    Annual Maintenance Contracto On expiry of warranty period, the customer is offered continued

    support by way of Annual Maintenance Contract for a very nominal

    charge. This covers the breakdown services and periodical preventive

    maintenance for a period of one year from the date of entering into the

    Maintenance Contract.

    On Per call Basis

    o For the customer, whose equipments, have crossed the warranty

    period and not entered into AMC, the company still provides support on

    Per call basis. As and when required by the customer, the services are

    provided by charging for the services for each service call.

    Spares at door stepso All Service Engineers carry a kit stock individually. Further Zonal

    Spares stock is maintained at Zonal offices for immediate replacement.

    All other major spares are stocked at the Head Office which would be

    made available to the customer in less than 48 hours.

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    AWARDSMANATEC has received many awards, recognitions & accreditations. Team

    Work is the core factor that makes this organization an emerging leader in allfronts.

    The awards, recognitions, associations & accreditations are self-explanatory.

    The company believes in "success by motivation" and these awards are the

    stepping stones for our ultimate objective.

    Star Performer Regional Award for Export Excellence from EEPC,

    for the year 2005 06

    Best R&D Efforts Award National Award for Best Entrepreneur

    from Prof. Murali Manohar Joshi, and Quality Product in SSI sector for thefor the year 1998-1999 1993

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    RECENT ACTIVITY

    20th

    Anniversary Celebrations

    MANATEC completed Twenty years of dedicated service and a 20th

    Anniversary Function held at Pondicherry

    on 05 - 05- 2007 with All Employees and Family Members.

    Our Future Vision Training Centre

    New Manufacturing facility - All under New Training Centre planned in

    One roof - planned in Karikalampakkam -15 KarikalampakkamKms from Pondicherry.

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    COMPETITOR

    Safe-t

    Engineers

    Product

    Category :

    Automotive Parts & Equipments, Safety Products

    Address : No 9 Park Street, Kattor,,

    Coimbatore - 641009,Tamil Nadu

    Tel. No. : 91-422-6548728

    Yerik

    Internation

    al

    ProductCategory : Automotive Parts & Equipments

    Address : Village Rajgarh, G T Road, Doraha ,,

    Punjab - 141421,Punjab

    Tel. No. : 91-1628-259799

    Yashka

    Industries

    ProductCategory :

    Automotive Parts & Equipments, Steering AndSuspension System

    Address : E-104-105, Focal Point,Ludhiana - 141010,

    PunjabTel. No. : 91-161-2670016

    Zenith Motors

    Product

    Category :

    Automotive Parts & Equipments

    Address : No. 1 / 127 Anna Salai, Palavakkam,

    Chennai - 600041,Tamil Nadu

    Tel. No. : 91-44-4925307

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    RESEARCH DESIGN

    a) NATURE OF STUDY:The nature of the study descriptive, so it is Descriptive Research that

    studies the performances and opinions of individuals and their

    behavior pattern at work place. It describes the human ability & work

    efficiency of the employees.

    b) SAMPLING DESIGN

    The sampling design is basically the selection of any small unit from the

    whole available universe. So Area of study The universe of study is the

    Employee Associates, Supervisors, Line managers, Trainee engineers

    and Jr. managers, Executives & HODs of various departments of

    MANTEC.

    SAMPLE TAKEN

    Sample taken for research is the Skill Matrix being filled by the

    HODs of all the departments.

    The Performance Appraisal Performance Performa being filled by

    the HODs of all the departments.

    c) DATA COLLECTIONS:

    It is the process of collecting data from various sources within as well as

    outside the company.

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    The data can be collected in two sources:

    PRIMARY SOURCES:

    i. By Personal visits

    ii. Through Questionnaire

    iii. Through Schedules

    SECONARY SOURCES:

    i. Performance Calendar made by HR Department

    ii. Annual Journal & Reports

    iii. Magazines

    iv. Websites

    RESEARCH & DEVELOPMENT

    MANATEC is investing 3.0% of its turnover in Research & Development every

    year. The R&D Centre has all required facilities, both Electronics & Mechanical,

    to design & develop high quality Garage Equipments. There are highly

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    qualified and experienced Engineers, Hardware & Software Specialists in the

    R&D Centre. MANATEC also out sources specialty services to support the

    design activities wherever necessary.

    The softwares of Wheel Aligner and Wheel Balancer have been copy right

    protected. Some of the special models of Wheel Aligner have been patented.

    From 1992 onwards, extensive Research has been done in Wheel Aligners and

    MANATEC has employed various measuring sensors and employed special

    mathematical techniques to bring out many different Computerized Wheel

    Alignment Systems to meet the customer requirements. Besides LCVs

    MANATEC has developed Wheel Alignment Systems suitable for heavy dutytrucks and buses. The Research is continuing to develop a world class 3D

    Wheel Aligner and also a Touch less Wheel Aligner with our own exclusive and

    different technology.

    MANATEC has also developed Pollution Checking Equipments, namely Diesel

    Smoke Meters and Four Gas Analyzers. The Diesel Smoke Meter is 100%

    indigenously designed and developed by the R&D Department. The Four Gas

    Analyzers employs Gas Bench developed by our European Supplier.

    The lightest PUC equipments weighing 6-7.5 kgs have been developed by the

    MANATEC R&D Centre has received very good reception in the Market.

    CE Marking:

    All the products designed and developed in our R&D Centre are ensured

    confirming to International Standards. The major products like Wheel Aligner,

    Wheel Balancer, and Tyre Changer & Two post Lift comply with CE

    requirements.

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    PERFORMANCE APPRAISAL IN MANATEC

    A companys work environment, employees work satisfaction and the

    percentage of production are very much dependent upon the effectiveness of

    the HRM/PERSONNEL department. As the term itself explains a lot, HRM

    means Human Resource Management, i.e. managing the employees in an

    establishment in such a manner that they may have a feeling of attachment

    towards the establishment and may give 100% production in their jobs.

    Man is a bundle of emotions and intelligence. Sometimes these emotions andintelligence create eluvia of problems for the man either at his home and

    personal life or at his workstation and professional life. Being a part of an

    organization, it is importance for the employee to follow rules and regulations

    of the company and solve his problems. This is where the HRM department

    works as a bridge between the employees and the management as it is said,

    MANATEC is one of those companies who believe in taking its employees

    together towards a brighter tomorrow. This is one of the reasons that it keeps

    on praising its employees regularly.

    MANATEC is a family of550 members and therefore, it is all the more very

    important for the HRM department to keep all its employees together and

    satisfied within the rules and regulations, and various acts as well as to utilize

    their maximum output.

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    A companys 100% production is only possible if the work place is under strict

    discipline. In MANATEC maintaining of discipline is really very important.

    Employees are supposed to report to their workstation at 9:00 a.m. and those

    coming late are penalized. Every employee is provided with a card, which he is

    supposed to punch every morning while reporting at his workstation. To

    maintain discipline, uniformity and to give the employees an feeling of

    belongingness towards the company every employee, including the

    management is given a uniform that he is suppose to wear every day. Failing to

    do so, the employee is penalized and his one-day salary is deducted & the

    company rewards good performance, punctuality, discipline & work efficiencyof the employees.

    Healthier the employees, healthier the organization. MANATEC believes in

    this thought and thus has a provision a Health Card for every employee in

    collaboration with a reputed hospital of India, Apollo Hospitals. Apart from

    this a medical room facility is provided within the plant area itself for assisting

    any kind of injury that an employee may sustain during his work. The HRM

    department in MANATEC has taken care of these factors and is maintaining a

    balance in catering the needs of the employees and the employees.

    The activities of HRM department are wide spread. From recruitment to

    compensation strategy, from leaves assessment to bonus payment, the HRM

    has wide ranged job to cover. In this project we will be going through the

    PERFORMANCE APPRAISAL process of MANATEC, the EMPLOYEE OF THE

    MONTH SCHEME and the EMPLOYEE OF THE YEAR SCHEME and other

    importance Labor laws applicable in MANATEC.

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    Research Design

    A research design is an arrangement for the analysis and the collection of

    data in a manner that combine relevance to the research purpose with

    economy in procedure.

    Research design provides decisions regarding:

    1. What is the study about?

    2. Why is the study being made?

    3. What type of data is required?

    4. Where the required data can be found?

    5. What will be the sample design?

    6. How will the data be analyzed?

    The design of this research is descriptive in nature because it is describing

    the characteristics of a particular individual, or of a group.

    In this study some facts are taken in to consideration which belongs to

    MANATEC Electronics Ltd..

    The descriptive design of the study obtains the information regarding full

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    Questionnaire

    Interview

    Observation

    Secondary Data Collection: -

    Secondary data have been collected i.e. though

    Websites

    Company Journals

    Dependent and Independent variables

    Independent variables: -

    If one variable is does not depend upon another variable, it is termed as

    independent variable.

    Such as:-

    1) Types of research

    2) Research variables

    3) Consumer behaviors

    4) Performance

    5) No of employees

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    Dependent variable: -

    If one variable is depend upon or is a consequence of the other variable, it is

    termed as dependent variable.

    Such as: -

    1) Employee behaviors.

    2) Working condition.

    3) Time constraints.

    4) Organizational situations.

    Analysis pattern

    Cumulative consideration of factors (that may be subjective or objective) to

    determine a representative indicator or appraisal of an individual or entity's

    activity, or performance in reference to some subjective (or standard) over

    some period of time. Factors to consider may include degree of goal

    attainment, how items are measured, and what standards are to be applied.

    Various charts, graphs & bar diagrams will be used to show the different

    patterns of competencies of employees and the study will be of qualitative

    aspect.

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    CHAPTER: - 3

    OBJECTIVE WISE

    SYSTEMETIC ANALYSIS

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    Ques 1. For performance appraisal some factors required to be discussed,

    because these factors will affect the performance of the employee as well as

    the other people working in an organization. So how these factors will affect

    their performance?

    Factors Like

    (i) Relationship with superiors, peers, subordinates etc.

    (ii) Environment factors.

    (iii) Organizational factors.

    (iv) Personal/Individual factors.

    Strongly Disagree Agree Strongly Agree Disagree

    4 25 13 8

    Almost employees are agreed with the statement that factors like: interpersonal

    relations, environment & organizational factors matters a lot and have a great

    impact on performance.

    Response

    4

    25

    13

    8

    0

    5

    10

    15

    20

    25

    30

    1

    Strongly Disagree

    Agree

    Strongly Agree

    Disagree

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    Ques 2. Do the personal abilities affect the performance of an employee while

    working in an organization?

    The qualities like:

    (i) Winning Capability

    (ii) Ability control

    (iii) Efforts

    (iv) Decision Making

    Strongly Disagree Agree Strongly Agree Disagree

    3 19 21 7

    Personal abilities are considered as an important aspect during the evolution

    of the performance of any employee as it affects the performance and most of

    the employees are agreed with this statement.

    Response

    3

    1921

    7

    0

    5

    10

    15

    20

    25

    1

    Strongly Disagree

    Agree

    Strongly Agree

    Disagree

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    Ques 3. In an organization the motivational factor matters a lot for improving

    the performance of the employees and top management has to consider this

    factor seriously and should invest a reasonable time on this factor

    Strongly Disagree Agree Strongly Agree Disagree

    6 28 11 5

    It plays an important role in improving the performance of an employee as it

    has a positive impact on the performance to get more rewards and top

    management is considering this factor seriously in this organization & most of

    respondents are agreed with this statement.

    Response

    6

    28

    11

    5

    0

    5

    10

    15

    20

    25

    30

    1

    Strongly Disagree

    Agree

    Strongly Agree

    Disagree

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    Ques 4. Performance appraisal is well planned and given adequate

    importance in the organization to improve the performance and output of the

    employees.

    Do you agree with this statement?

    Respondents Response

    Yes 38

    No 12

    In the organization performance appraisal is given adequate importance and it

    is well planned and almost 80% employees are agreed with this statement.

    Response

    38

    12

    Yes

    No

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    Ques 5. Do you know the about the MANATEC?

    (A) Yes ( ) (B) No ( )

    Respondents Response

    Yes 30

    No 20

    In this question Respondent have given a massive response in the favor of

    company, it comes 60% knows about the company while only 40% dont

    knows about the company.

    Response

    30

    20Yes

    N

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    Ques 6. Are you satisfied by the services provided by the company?

    (A) Fully Satisfied ( ) (B) Partial Satisfied ( )

    (c) Not Satisfied ( )

    Respondents Response

    Fully Satisfied 28

    Partial Satisfied 14

    Not Satisfied 8

    According to this 38 Respondent are fully satisfied, 14 respondents are partial

    satisfied and other are not satisfied by the services provided by the company.

    28

    14

    8

    0

    5

    10

    15

    20

    25

    30

    Res se

    Fully

    atisfied

    Pa tial

    atisfied

    Not

    atisfied

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    Ques 7. In which field companys R & D Department should take more

    concern?

    (A) Computerized Equipments ( ) (B) Quality of Products ( )

    (C) Expansion in Product ( ) (D) Others ( )

    Category

    Respondents Response

    Computerized

    Equipments

    25

    Quality of Products 20

    Expansion in product

    Category

    5

    More concern in two sides one computerized products and another is to

    improve the quality of the products only few wants expansion in product

    category.

    25

    20

    5

    0

    5

    10

    15

    20

    25

    Response

    ComputerizedEquipments

    Quality of Products

    Expansion in product

    Category

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    Ques 8. Organization has a clear, unambiguous and transparent process of

    performance appraisal.

    Respondents Response

    Strongly Disagree 12

    Agree 10

    Strongly Agree 15

    Disagree 13

    The appraisal process followed in this organization is transparent, clear &

    unambiguous, and most of employees are satisfied with this statement.

    Response

    Strong y D sagree

    gree

    Strong y

    gree

    D

    sagree

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    Ques 9. Top management is willing to invest a considerable part of its time,

    money and other resources to ensure the development of employees.

    Respondents Response

    Strongly Disagree 4

    Agree 25

    Strongly Agree 14

    Disagree 7

    Top managements contribution regarding the improvement of skills &

    development of employees is very good in this organization and most are

    employees are satisfied with their involvement.

    Response

    Strongly

    s

    gree

    Agree

    Strongly Agree

    Dis

    gree

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    Ques. 10 Members in the organization have a high sense of responsibility and

    accountability towards organization.

    Respondents Response

    Strongly Disagree 3

    Agree 22

    Strongly Agree 15

    Disagree 10

    In this organization members have a high sense of responsibility and

    accountability and most of the total employees are satisfied with this

    statement.

    Response

    Strongly Disagree

    Agree

    Strongly Agree

    Disagree

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    Ques. 11 Performance Appraisal system is periodically evaluated and

    improved in this organization.

    Respondents Response

    Strongly Disagree 6

    Agree 20

    Strongly Agree 12

    Disagree 12

    According to the employees the periodically evaluation and improvement of

    the appraisal system is not so good, it must be improved in coming days

    according to the needs of employees.

    Response

    0

    5

    10

    15

    20

    25

    Strongly

    Disagree

    Agree Strongly

    Agree

    Disagree

    Strongly Disagree

    Agree

    Strongly Agree

    Disagree

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    Ques. 12 In most cases there should be a counseling session at the end of the

    performance appraisal, which helps in the development of members.

    Respondents Response

    Strongly Disagree 7

    Agree 17

    Strongly Agree 13

    Disagree 3

    In most cases there is a counseling session at the end of the performance

    Appraisal which helps in the development of members and all are in favor of

    this.

    Strongly

    isagre

    e

    Agree

    Strongly

    Agree

    Disagree Response

    0

    5

    10

    15

    20

    Response

    Strongly Disagree

    Agree

    Strongly Agree

    Disagree

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    Performance appraisal system can serve the following purposes :-

    To enable each employee to understand his role better and become

    more effective on the job.

    To understand his own strength and weakness with respect to his role in

    the organization.

    To identify the developmental needs of each employee.

    To improve relationship between the superior and the subordinate

    through the realization that each is dependent on the other for good

    performance and success.

    To serve as mechanisms for improving communication between the

    superior and his subordinates.

    To provide an opportunity to the employee to the for introspection, self

    evaluation and goal setting so that he remains on the path of

    development. To prepare employees for higher job by continuously reinforcing

    development of behavior and qualities for these higher level positions.

    To be an instrument for creating a positive and healthy climate in the

    organization that moves people to give their best and enjoy doing so.

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    BENEFITS OF PERFORMANCE APPRAISAL

    It is sometimes fashionable in the modern age to dismiss traditional process

    such as Performance appraisals as being irrelevant or unhelpful for the peoplewho cant conduct them very well. Appraisals in whatever form, and there

    are various have been a mainstay of management for decades, for good

    reasons.

    Think about everything that Performance appraisals can achieve and

    contribute to when they are property managed, for example:

    Performance measurement transparent, short, medium and long term.

    Clarifying, defining, redefining priorities and objectives.

    Motivation through agreeing helpful aims and targets.

    Motivation though achievement and feedback

    Training needs and learning desires assessment and agreement.

    Identification of personal strengths and direction including unused

    hidden strengths.

    Career and succession planning personal and organizational

    Team roles clarification and team building

    Organizational training needs assessment and analysis

    Appraise and manager mutual awareness, understanding and relationship

    Resolving confusions and misunderstandings

    Reinforcing and cascading organizational philosophies, values, aims,

    strategies, priorities etc

    Delegation, additional responsibilities, employee growth and

    development

    Counseling and feedback.

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    FACTORS AFFECTING PERFORMANCE

    Ability:

    Character traits, skills and knowledge, which are used in the performance. It is

    always present and will not vary widely over short periods of time.

    Effort:

    The amount of manual or mental energy that a person is prepared to expendon a job to reach a certain level of performance. Can vary according to

    incentive and motivation.

    Motivation:

    Many people who are not motivated keep their performance to an acceptable

    level by expending only 20-30% of their ability Managers who know how to

    motivate their employees can achieve 80-90% ability levels.And consequently higher levels of performance. There are other more detailed

    notes on motivation elsewhere, but remember Maslows Motivational theory:

    Basic needs food clothing

    Safety needs security, avoidance of risk/harm

    Social needs friendship, acceptance, group

    Esteem needs responsibility, recognition

    Self realization independence, creativity

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    Equity & Expectation:

    Basically, people expect to be treated equally, within the company and as

    others are in similar companies: they expect to get a certain reward for a

    certain efforts: and they expect to get promoted if they undergo training. All

    these factors are inter-related and affect the amount of effort people are

    prepared to put in.

    Task or role, Perception:

    The direction in which the person wishes to channel his or her effort andability. It varies according to such factors as

    Whether or not the job is seen to be important or of value

    o In itself,

    o To the organization

    o To workmates,

    o To the individual

    Whether or not there is an end in sight

    o Is what I do simply lose in the larger organization?

    o Can I see it as a finished entity in its own right, no matter how

    small? Standards & job descriptions must be known and

    understood.

    Environment factors:

    Those factors over which an individual has no control. E.g.: The job may have

    been completed under severe time constraints, with a lack of adequate

    resources, or by using obsolete equipment; There may have been conflicting

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    priorities or information overload, such that the individual was confused and

    under stress; other staff and departments may have been less than

    cooperative; Cannot be used as excuses for poor performance, but they have a

    modifying effect.

    Quality Consciousness:

    maintaining high standards

    Quality at all time

    Performance:

    i) Knowledge of work understanding of job.

    ii) Quality of work volume regardless of time & sacrifice.

    iii) Leadership ability to lead, direct, manage, organize & achieve

    independently.

    iv) Communication ability to communicate effectively to bring mutual

    understanding.

    Character;

    i) Personality

    ii) Attitude

    iii) Reliability

    iv) Initiative

    v) Co-operation

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    Discipline & Attendance:

    i) Time keeping punctuality of arrival, getting work done in time and

    be in time for jobs.

    ii) Obedience willingness to carry out legitimate instruction without

    resistance & objections.

    PROCESS OF PERFORMANCE APPRAISAL

    ESTABLISHING PERFORMANCE STANDARDS:-

    The first step in the process of performance appraisal is the setting up of the

    standards which will be used to as the base to compare the actual

    performance of the employees. This step requires setting the criteria to judge

    the performance of the employees as successful or unsuccessful and the

    degrees of their contribution to the organizational goals and objectives. The

    standards set should be clear, easily understandable and in measurable terms.

    In case the performance of the employee cannot be measured, great care

    should be taken to describe the standards.

    COMMUNICATING THE STANDARDS:-

    Once set, it is the responsibility of the management to communicate the

    standards to all the employees of the organization.

    The employees should be informed and the standards should be clearly

    explained to the. This will help them to understand their roles and to know

    what exactly is expected from them. The standards should also be

    communicated to the appraisers or the evaluators and if required, the

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    standards can also be modified at this stage itself according to the relevant

    feedback from the employees or the evaluators.

    MEASURING THE ACTUAL PERFORMANCE:-

    The most difficult part of the Performance appraisal process is measuring the

    actual performance of the employees that is the work done by the employees

    during the specified period of time. It is a continuous process which involves

    monitoring the performance throughout the year. This stage requires the

    careful selection of the appropriate techniques of measurement, taking care

    that personal bias does not affect the outcome of the process and providing

    assistance rather than interfering in an employees work.

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    COMPARING THE ACTUAL WITH THE DESIRED PERFORMANCE

    The actual performance is compared with the desired or the standard

    performance. The comparison tells the deviations in the performance of the

    employees from the standards set. The result can show the actual

    performance being more than the desired performance or, the actual

    performance being less than the desired performance depicting a negative

    deviation in the organizational performance. It includes recalling, evaluating

    and analysis of data related to the employees performance.

    DISCUSSING RESULTS

    The result of the appraisal is communicated and discussed with the

    employees on one-to-one basis. The focus of this discussion is on

    communication and listening. The results, the problems and the possible

    solutions are discussed with the aim of problem solving and reaching

    consensus. The feedback should be given with a positive attitude as this can

    have an effect on the employees future performance. The purpose of the

    meeting should be to solve the problems faced and motivate the employees to

    perform better.

    DECISION MAKING

    The last step of the process is to take decisions which can be taken either to

    improve the performance of the employees, take the required corrective

    actions, or the related HR decisions like rewards, promotions, demotions,

    transfers etc.

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    METHODS OF PERFORMANCE APPRAISAL

    TRADITIONAL METHODS MODERN METHODS

    1. Essay Appraisal Method

    2. Straight Ranking Method

    3.Paired Comparison

    4. Critical Incidents method

    5. Field Review

    6. Ckecklist Method

    7.Graphic Rating Scale

    8. Forced Distribution

    1.Management by objective

    2. Psychological appraisal

    3.Human resource accounting

    4.Assessment centers

    TRADITIONAL METHODS

    1.ESSAY APPRAISAL METHOD

    This traditional form of appraisal, also known as Free Form method

    involves a description of the performance of an employee by hissuperior. The description is an evaluation of the performance of any

    individual based on the facts and often includes examples and evidences

    to support the information. A major drawback of the method is the

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    inseparability of the bias of the evaluator.

    2.STRAIGHT RANKING METHOD

    This is one of the oldest and simplest techniques of performance

    appraisal. In this method, the appraiser ranks the employees from the

    best to the poorest on the basis of their overall performance. It is quite

    useful for a comparative evaluation.

    3.PAIRED COMPARISON

    A better technique of comparison than the straight ranking method, thismethod compares each employee with all others in the group, one at a

    time. After all the comparisons on the basis of the overall comparisons, the

    employees are given the final rankings.

    4.CRITICAL INCIDENTS METHODS

    In this method of Performance appraisal, the evaluator rates the employee

    on the basis of critical events and how the employee behaved during those

    incidents. It includes both negative and positive points. The drawback of

    this method is that the supervisor has to note down the critical incidents

    and the employee behaviour as and when they occur.

    5.FIELD REVIEW

    In this method, a senior member of the HR department or a training officer

    discusses and interviews the supervisors to evaluate and rate their

    respective subordinates. A major drawback of this method is that it is a

    very time consuming method. But this method helps to reduce the

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    superiors personal bias.

    6.CHECKLIST METHOD

    The rater is given a checklist of the descriptions of the behaviour of the

    employees on job. The checklist contains a list of statements on the basis of

    which the rater describes the on the job performance of the employees.

    7.GRAPHIC RATING SCALE

    In this method, an employees quality and quantity of work is assessed in a

    graphic scale indicating different degrees of a particular trait. The factors

    taken into consideration include both the personal characteristics and

    characteristics related to the on-the-job performance of the employees. For

    example a trait like Job Knowledge may be judged on the range of average,

    above average, outstanding or unsatisfactory.

    8.FORCED DISTRIBUTION

    To eliminate the element of bias from the raters ratings, the evaluator is

    asked to distribute the employees in some fixed categories of ratings like

    on a normal distribution curve. The rater chooses the appropriate fit for

    the categories on his own discretion.

    MODERN METHODS

    1. PSYCHOLOGICAL APPRAISAL

    It is conducted to assess the employee potential. Psychological appraisal

    consists of (a) Psychological tests, (b) consultations and discussions with the

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    employee, (c) in-depth interviews, (d) discussion with superiors, subordinates

    & peers, and (e) reviews of other evaluation etc, to evaluate employees

    intellectual abilities, emotional stability, sociability, reasoning and analytical

    abilities and the abilities to foresee the future.

    2.HUMAN RESOURCE ACCOUNTING

    It deals with cost of & contribution of resource organization. Cost of the

    employee includes cost of manpower planning, recruitment, selection,

    induction, placement training, development, wages and benefits etc.

    Employees contribution is the money value of the employees service, which

    can be measured by Labour productivity or value added by human resources.

    3. MANAGEMENT BY OBJECTIVE

    The concept of Management by Objectives (MBO) was first given by Peter

    Drucker in 1954. It can be defined as a process whereby the employees and

    the superiors come together to identify common goals, the employees set

    their goals to be achieved, the standards to be taken as the criteria for

    measurement of their performance and contribution and deciding the course

    of action to be followed.

    The essence of MBO is participative goal setting, choosing course of actions

    and decision making. An important part of the MBO is the measurement and

    the comparison of the employees actual performance with the standards

    set. Ideally, when employees themselves have been involved with the goal

    setting and the choosing the course of action to be followed by them, they

    are more likely to fulfill their responsibilities.

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    4. ASSESSMENT CENTRES

    Assessment centre refers to a method to objectively observe and assess the

    people in action by experts or HR professionals with the help of various

    assessment tools and instruments. Assessment centers simulate the

    employees on-the-job environment and facilitate the assessment of their on-

    the-job performance.

    An assessment centre typically involves the use of methods like

    social/informal events, tests and exercises, assignments being given to a

    group of employees to assess their competencies and on-the-job behaviour

    and potential to take higher responsibilities in the future. Generally,

    employees are given an assignment similar to the job they would be expected

    to perform if promoted. The trained evaluators observe and evaluate

    employees as they perform the assigned jobs and are evaluated on job related

    characteristics.

    An assessment centre for Performance appraisal of an employee typically

    includes:

    y Social/Informal Events An assessment centre has a group of

    participants and also a few assessors which gives a chance to the

    employees to socialize with a variety of people and also to share

    information and know more about the organisation.

    y Information Sessions information sessions are also a part of the

    assessment centres. They provide information to the employees about

    the organisation, their roles and responsibilities, the activities and the

    procedures etc.

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    Assignments- assignments in assessment centres include various tests

    and exercises which are specially designed to assess the competencies

    and the potential of the employees. These include various interviews,

    psychometric tests, management games etc. all these assignments are

    focused at the target job.

    # 360 DEGREE PERFORMANCE APPRAISALS IN

    MANATEC

    360 degree feedback, also known as 'multi-rater feedback', is the most

    comprehensive appraisal where the feedback about the employees

    performance comes from all the sources that come in contact with the

    employee on his job.

    360 degree respondents for an employee can be his/her peers, managers (i.e.

    superior), subordinates, team members, customers, suppliers/ vendors -

    anyone who comes into contact with the employee and can provide valuable

    insights and information or feedback regarding the on-the-job performance

    of the employee.

    360 degree appraisal has four integral components:

    1. Self appraisal

    2. Superiors appraisal

    3. Subordinates appraisal

    4.Peer appraisal.

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    Self appraisal gives a chance to the employee to look at his/her strengths and

    weaknesses, his achievements, and judge his own performance. Superiors

    appraisal forms the traditional part of the 360 degree appraisal where the

    employees responsibilities and actual performance is rated by the superior.

    Subordinates appraisal gives a chance to judge the employee on the

    parameters like communication and motivating abilities, superiors ability to

    delegate the work, leadership qualities etc. Also known as internal customers,

    the correct feedback given by peers can help to find employees abilities to

    work in a team, co-operation and sensitivity towards others.

    Self assessment is an indispensable part of 360 degree appraisals and

    therefore 360 degree Performance appraisal have high employee involvement

    and also have the strongest impact on behavior and performance. It provides

    a "360-degree review" of the employees performance and is considered to be

    one of the most credible performance appraisal methods.

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    360 degree appraisal is also a powerful developmental tool because when

    conducted at regular intervals (say yearly) it helps to keep a track of the

    changes others perceptions about the employees. A 360 degree appraisal is

    generally found more suitable for the managers as it helps to assess their

    leadership and managing styles. This technique is being effectively used

    across the globe for performance appraisals. Some of the organizations

    following it are Wipro, Infosys, and Reliance Industries etc.

    OBJECTIVES OF 360 DEGREE FEEDBACKS

    It is possible to aim at the following through 360 Degree: -

    y Insights into the strong and weak areas of the candidates in terms of

    effective performance of roles, activities, styles, traits, qualities,

    competence (knowledge, attitude and skills) and impact on others.

    y Identification of development needs and preparing development plans

    more objectively in relation to current or future roles & performance

    improvements for an individual or a group of individuals.

    y Data generation to serve as a more objective basis for rewards and

    other personnel decisions.

    y Reinforcement of other change management efforts & organization

    effectiveness directed interventions.

    y Basis for performance linked pay or performance rewards.

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    BASIS OF 360 DEGREE ASSESSMENTS

    HELPS IN: -

    y Culture building

    y Leadership development

    y Potential Appraisal and Development

    y Succession Planning and Development

    y Team Building

    y Planning Internal Customer satisfaction improvement measures

    y Role clarity and increased accountability

    IN HELPS IN DEVELOPMENT OF VARIOUS SKILLS LIKE : -

    y Commercial Judgment

    y Product/Technical Knowledge

    y Time Management

    y Communication Skills

    y Delegation Skills

    y IT/Equipment/Machinery Skills

    y Creativity

    y Problem solving and decision making

    y Steadiness under pressure

    y Adaptability, Flexibility and mobility

    y Personal appearance and image

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    ADVANTAGES OF 360 DEGREE FEEDBACKS

    360 Degree appraisal systems have certain advantages. These advantages are

    not substitutes for those of traditional appraisals but to them-

    y It is more objective than a one-person assessment of traits and qualities.

    y It adds objectivity and supplements the traditional appraisal system.

    y It provides normally more acceptable feedback to employee.

    y It helps focus on internal customers satisfactions.

    y It is a good tool for enhancing customer service and quality inputs and

    service to internal customers.

    y It provides scope for the candidate to get multiple inputs to improve his

    role, performance, styles and ideas & enhances the acceptability of the

    individual.

    y It is more participative and enhances the quality of HR decisions.

    y It has the potential of pointing out the supervisory biases in the

    traditional appraisal systems.

    y It can serve all the purposes served by the traditional appraisal system

    like identifying the development needs, reward management,

    performance development etc.

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    #STEP TO BE FOLLOWED IN MANATEC FOR

    PERFORMANCE APPRAISAL

    THE BEST EMPLOYEE OF THE MONTH

    One of the most important jobs of the HRM department is to keep

    motivating the employees so that they may perform well. This way not only

    the company is benefited, but also expanding their knowledge and improving

    their performance benefit the employees. Keeping this in mind MANATEC has

    come up with the EMPLOYEE OF THE MONTH scheme. The associate staff and

    the executive staff of each department come under this system. Let us have a

    quick look over the whole system and its working.

    Step 1 : All the associate and executive staff fill up the KAIZEN SUGGESTION

    SHEET where the employees fill up the sheet giving at least two Kaizen and atleast two suggestions.

    Step 2 : These employees go through LEVEL ONE analysis where their

    monthly attendance and punctuality is checked, with 2 Kaizen and 2

    suggestions if they fulfill the requirements, they will go to LEVEL TWO.

    Step 3 : In the level two employees are tested on various pareameters.

    (a)Cost Consciousness : Here it is checked whether the employee is

    working in economically or not.

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    (b)Safety Consciousness : Here it is seen whether the employee is

    following all the safety measures that are to be taken while working in

    the plant.

    (c) Compliance of systems and Instructions : Here it is checked whether

    an employee follows the procedure and the orders given by the

    management and his superiors.

    (d)General Attributes : Here the general behavior of the employee with

    his colleagues, juniors and seniors is rated.

    Step 4 : Now the employees are short listed and the list is send to the head of

    the departments, in the cases where more than one employee is short listedfrom one department. Here the head decides which employee shall go for the

    final list. The selection is done on the best of his behavior, value of his Kaizen

    and suggestions, his working attitude, etc. the best is selected and the final

    name is sent to the HRM department.

    Step 5 : The final list is taken out, and all the H.O.D.S sit together in a meeting

    and decide the best employee of the month from the Associate and executive

    staff. An appreciation letter is then given the employee.

    THE BEST EMPLOYEE OF THE YEAR

    At the end of the year, BEST EMPLOYEE OF THE YEAR is selected from the

    Month, throughout the year.

    Thus every year MANATEC sees its employee coming out with fabulous

    suggestions for improving the working conditions within their workstations

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    and the factory. This will help in praising their performance positively and

    effectively so that they can give their maximum performance to get such good

    awards.

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    CHAPTER:-

    5

    QUESTIONNAIRE

    ANALYSIS

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    SWOT ANALYSIS

    STRENGTH

    y The company maintains excellent relationships with its dealers and

    distributors whom they treat as their partners.

    y The company treats all its employees as the member of a same

    family.

    y Latest technology is used in all its departments.

    y Its operations are spread all over in the world.

    y MANATEC established a R&D Carry out Research on the key

    products, like computerized Wheel Alignment Systems,

    Computerized Wheel Balancers, and Pollution Checking Equipments

    etc.

    y It is being certified by the International Standards

    y Manatec holds 40 percent market share in India.

    y The Products of Manatec has been approved by all leading Car

    Manufacturers and Tyre Manufacturers.

    y Manatec is exporting to more than 12 countries and aiming to export

    to more than 50 countries by 2010.

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    WEAKNESS

    y Companys infrastructure is not as good as compare to its name &

    fame.

    y If infrastructure is not good of any org. then most probably it would

    badly affect its Human resources & if H.R. is not feeling well in the

    organization then it will not good for the companys health.

    y Though R & D is doing well for the organization but even then its

    results are not so satisfactory.

    OPPORTUNITY

    y Company has its operation in many countries so it can handle every

    problem at the spot.

    y Company have 40% market share in its hands and there are better

    chance to capture more market share.

    y Today its the era of Computerization; Company can also make good

    growth in this sector.

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    THREATS

    y Its major threat is from it competitors.

    y As there are many new companies coming up in near future so there

    is a tough competition ahead.

    y Company have good market share but even then it has to do more

    hard work to be ahead in future also to maintain the thing company

    have to be more attentive in its way otherwise any body else will win

    the race

    y To make new researches company have to invest large amount of

    money in these kind of operation which also a big thing to maintain.

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    CHAPTER:-6

    CONCLUSION

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    To conclude the topic of my project I would like to say the PERFORMANCE

    APPRAISAL is an important aspects to be discussed and followed in every

    organization, because neither any company would get success without

    praising the performance of its employees, not it can survive in the market

    without retaining its work force. So it is very essential part of an organization

    to be considered for its survival. In MANATEC the performance appraisal

    process is very effective, impressive and efficient to retain its employees as

    well as to motivate & encouraging them to devote up to their level best.

    The policies of selecting the Best Employee of the month & employee of the

    Year is the best one among all other policies that are followed in MANATEC.

    So it was very good experience for me to learn so many new things in actual

    working environment of an organization. From the findings of the study,

    related issue to be resolved through prompt action in accordance of the

    organizational goal, so as to minimize weakness and reinforce strength

    observed during the process.

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    CHAPTER:-7

    SUGGESTIONS &

    RECOMMANDATIONS

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    SUGGESTIONS & RECOMMENDATIONS

    y BT raining needs should be identified through appraisal.

    y Proper training programs should be conducted for the up gradation of

    knowledge of the employees, on regular basic.

    y Every body should be given change to attend the training program as

    soon as possible.

    y There should be some motivational thoughts to be displayed specially in

    the HR departments notice board.

    y Top management should devote enough time to its employees to listen

    their grievances & suggestions orally.

    y All members should understand & accept their responsibilities as well

    as their accountability by heart & not as a headache.

    y Employee should be rewarded in as many possible ways without any

    biasness.

    y Regular seminars should be conducted for improving the

    communications skills & on the other hand to motivate them to increase

    their effectiveness and performance.

    y Proper opportunities should be given to the executives to show their

    creativity and implement their ideas.

    y Certain modern techniques such as job rotation, job enrichment, quality

    circle etc. should be used.y Time office should be well maintained timely.

    y The employees with full interest & cooperation should take suggestion

    policy seriously.

    y There should be a counseling at the end of the performance appraisal.

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    y Proper SWOTE and PESTE analysis of the executive should be done on

    regular basis so that their strengths & weaknesses could be evaluated as

    how effective & efficient they are? In their work.

    y Future directions of the company must be clarified to the employees.

    y Employees should be provided with the regular constructive feedback

    concerning their performance during training and after completing

    program.

    y At last but not the least is that performance appraisal process should be

    cost effective and convenient in other respects and should be an

    expensive process for the organization.

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    CHAPTER:-8

    LIMITATIONS

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    LIMITATIONS OF THE STUDY

    yTime is the real factor, which affects the project work to conducteffective study.

    y Employees need, expectations, performance and behavior vary from

    one person to another. During study some employees show keen

    interest in the topic and give their view and on the other hand some

    employees doesnt show any interest & someone helped whole

    heartedly in my study.

    y All the employees and executives were found very busy in their working

    hours.

    y There are some members who were not interested in co-operating my

    project.

    y The control over questionnaire may be lost once it is sent, as there was

    some politics being played inside the developments.

    y There is also the possibility of ambiguous replies or omission of replies

    to certain questions.

    y The questionnaire method will be used only when respondents are

    educated & cooperative.

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    CHAPTER:-

    9

    ANNEXURE

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    QUESTIONNAIRE

    NAME OF COMPANY : .

    NAME OF RESPONDENT : .....

    AGE :

    PLACE :

    SEX :

    DATE :

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    Ques 1. For performance appraisal some factors required to be discussed,

    because these factors will affect the performance of the employee as well as

    the other people working in an organization. So how these factors will affecttheir performance.

    Factors Like

    y Relationship with superiors, peers, subordinates etc.

    y Environment factors.

    y Organizational factors.

    y Personal/Individual factors.

    a) Strongly Disagree ( ) b) Agree ( )

    c) Strongly Agree ( ) d) Disagree ( )

    Ques 2. Do the personal abilities affect the performance of an employee while

    working in an organization?

    The qualities like:

    y Winning Capability

    y Ability control

    y Efforts

    y Decision Making

    a) Strongly Disagree ( ) b) Agree ( )

    c) Strongly Agree ( ) d) Disagree ( )

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    Ques 3. In an organization the motivational factor matters a lot for improving

    the performance of the employees and top management has to consider this

    factor seriously and should invest a reasonable time on this factor.

    a) Strongly Disagree ( ) b) Agree ( )

    c) Strongly Agree ( ) d) Disagree ( )

    Ques 4. Performance appraisal is well planned and given adequate

    importance in the organization to improve the performance and output of the

    employees.

    Do you agree with this statement?

    a) Yes ( ) b) No ( )

    Ques 5. Do you know the about the MANATEC?

    a) Yes ( ) b) No ( )

    Ques 6. Are you satisfied by the services provided by the company?

    a) Fully Satisfied ( ) b) Partial Satisfied ( )

    c) Not Satisfied ( )

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    Ques 7. In which field companys R & D Department should take more

    concern?

    a) Computerized Equipments ( ) b) Quality of Products ( )

    c) Expansion in Product ( ) d) Others Category ( )

    Ques 8. Organization has a clear, unambiguous and transparent process of

    performance appraisal.

    a) Strongly Disagree ( ) b) Agree ( )

    c) Strongly Agree ( ) d) Disagree ( )

    Ques 9. Top management is willing to invest a considerable part of its time,

    money and other resources to ensure the development of employees.

    a) Strongly Disagree ( ) b) Agree ( )

    c) Strongly Agree ( ) d) Disagree ( )

    Ques10. Members in the organization have a high sense of responsibility and

    accountability towards organization.

    a) Strongly Disagree ( ) b) Agree ( )

    c) Strongly Agree ( ) d) Disagree ( )

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    Ques 11. Performance Appraisal system is periodically evaluated and

    improved in this organization.

    a) Strongly Disagree ( ) b) Agree ( )

    c) Strongly Agree ( ) d) Disagree ( )

    Ques12. In most cases there should be a counseling session at the end of the

    performance appraisal, which helps in the development of members.

    a) Strongly Disagree ( ) b) Agree ( )

    c) Strongly Agree ( ) d) Disagree ( )

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    BIBLIOGRAPHY

    BOOKS:

    y HUMAN RESOURCE DEVELOPMENT

    By Annamalai University

    yRESEARCH METHODOLOGY

    By C.R. Kothari

    y HUMAN RESOURCE MANAGEMENT

    By Symbosis Center for Distance

    Learning.

    y COMPANY REPORT AND JOURNALS

    WEBSITES: