Performance Appraisal Practices in Team3 Solutions
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Performance Appraisal Practices in Team3 Solutions


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INTRODUCTION:

Appraisal of performance is widely used in the society. Parents evaluate their children, teachers evaluate their students and employers evaluate their employees. However, formal evolution of employees is beloved to have been adopted for the first time during First World War. At the in lands of Walter dill Scott the U.S army man to man rating system for evaluating military personal. Once the employee has been selected, trained the motivated, he is then appraised for his performance. Performance appraisal is the step were the management finds out how effective it has been at hiring and placing employees if any problems are identified, steps are taken to communicated to employee and to remedy them.

NEED FOR THE STUDY:

The need of performance appraisal for the sake of the company as well as personal development is felt strongly at every level and most managers who are apprised are motivated, enhanced their skills, communication, knowledge, leadership, team work and morale.
Employees are considered to be the life of an organization. If employees are not appraised timely on accomplishing the required task, then it will affect the whole organization. An employee’s performance depends on the task experience and also the trainee that has been imparted to the employee.
Thus, in view of the significance of performance appraisal in any organization an attempt is made to study performance appraisal system in GTN Industries limited.

ABOUT TEAM3 SOLUTIONS:

Team3 Solutions is Hyderabad (India) based Multimedia Firm providing turnkey solutions in Print Ads, Web, Motion Graphics, and Electronic Media, Web Hosting etc. We in Team3 understand the role of having a strong technical team. Our team is well equipped with the state-of-the-art tools and methodologies to transform business solutions into competitive advantage.
Team3 is a dedicated team of creative and technical champions. We put the success of our clients at the very heart of all that we do, delivering knockout solutions time after time. At Team3 we specialize in making our clients Company look its best. With years of experience in designing high quality professional graphics and advertising material, we are the one source for all your Companies Design and Advertising needs.

MEANING OF PERFORMANCE APPRAISAL:

In simple terms, appraisal may be understood as the assessment of an individual’s performance in a systematic way, the performance being measured against such factors as job knowledge, quality, and quantity of output, initiative, leadership abilities, supervision, dependability, co-operation, judgment, versatility, health, and the like. Assessment should not be confined to past performance alone. Potentials of the employee for future performance must also be assessed. It is also the judgement of an employee's performance in a job based on considerations other than productivity alone.
Performance appraisal is defined by Wayne Cascio as “the systematic description of employee’s job relevant, strength, weakness.


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