International Journals of Marketing and Technology
Year : 2011, Volume : 1, Issue : 7
First page : ( 253) Last page : ( 276)
Online ISSN : 2248-1058.

Perception of employees towards performance appraisal in insurance sector

Goyal Rita

Research scholar& Lecturer, Dept. of Humanities and Social Sciences, Maharishi Markendeshwar University, Mullana (Ambala)

Online published on 29 June, 2013.

Abstract

The study of Performance appraisal has been an important and critical area in management and organizational performance from last several years especially in the LIC. Impact of HRD practices on employees productivity have been an important area of research in past years indicating positive relationship between HR practices and employees productivity.Performance appraisal is a systematic evaluation of an individual employee with respect to his performance on the job and his potential for development. This paper aims to study the extent of performance in the LIC, and explores the proposed link between the performance appraisal and employees productivity. Two hundred fifty employees responded to the researcher's questionnaire. The study makes use of statistical techniques such as mean, standard deviation, t test. ANOVA and regression analysis to process and analysis the data collected for this study.The demographic portion of the instrument was developed by the researcher to sort out the demographic information. To explore difference between the means of two group t-test was applied. One way ANOVA was used for exploring the difference among more than two groups. Multiple regressions were used for measuring the impact of HR practices on perceived employee performance. The paper ends by offering useful suggestions to the management involved in the operations of the corporations.

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Keywords

Performance appraisal, LIC, Employees Productivity.

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