A LITERATURE REVIEW ON PERFORMANCE APPRAISAL METHODS/ TECHNIQUES
Keywords:Performance Appraisal, Employee satisfaction.
Performance appraisal (PA) is a crucial technique for improving the skills of employees and organisations. Organizations have implemented performance appraisal to monitor and supervise relationships, growth, and development of individuals and organisations to increase overall productivity and job satisfaction. The human resource department is tasked with employee recruitment, selection, and retention. Retaining personnel, particularly those who are talented and competent, has become a major challenge. Motivation initiates, guides, and maintains an individual's goal-oriented behaviour. Employee retention is mostly determined by motivation. To inspire and retain employees, PA guidelines are used to assess workers, develop their competence, improve their performance, and issue awards. The focus of this research is on a survey of several performance appraisal systems used in organisations and the need of training. This paper focuses and analyses the literature findings on methods/techniques of performance Appraisal and its results.