Impact of Performance Appraisal System in Public Sector Undertaking with Special Reference to Tsgenco

International Journal of Humanities and Social Science
© 2018 by SSRG - IJHSS Journal
Volume 5 Issue 1
Year of Publication : 2018
Authors : Swarnalatha Pinnoju
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How to Cite?

Swarnalatha Pinnoju, "Impact of Performance Appraisal System in Public Sector Undertaking with Special Reference to Tsgenco," SSRG International Journal of Humanities and Social Science, vol. 5,  no. 1, pp. 34-38, 2018. Crossref, https://doi.org/10.14445/23942703/IJHSS-V5I1P106

Abstract:

Performance Appraisal System have been extensively applied around the world, as companies seek to attain and sustain a competitive advantage. Performance Appraisal System helps companies to increase individual’s, customer satisfaction and financial benefits. This Performance Appraisal System seeks to find and eliminate causes of defects or mistakes in business processes by focusing on outputs that are important to customers. There are many research studies in the broad area of Performance Appraisal. No doubt that academicians and practitioners alike have devoted a considerable thought to the various aspects of Performance Appraisal and related aspects, but very few studies are available on performance appraisal system in private and public sector units. As against this back ground it is considered important to know the facts, which contributed to the success of Ts-Genco in general which lead to turnaround the company from loss to profit making organization, and the implementation of Performance Appraisal strategies in particular.

Keywords:

Performance Appraisal System, job satisfaction, ensures respect for human beings.

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