Performance management system at Lafarge Surma Cement Ltd.

Abstract

Lafarge is a French industrial Company which was founded in France In 1833. It is one of the largest cement industries in the world. Lafarge Surma Cement Ltd. Bangladesh focuses on continues excellence of their employees for their better performance in the work at Lafarge and for the betterment of their career. Lafarge always gives priority to their performance appraisal system because they believe that by performance appraisal they can find out the best employees in the organization. Moreover, performance appraisal motivates employees to work better. In this report I tried to discover the overall performance appraisal system of Lafarge Surma Cement ltd. In addition I tried to give them some suggestion which would be helpful for them in future. For this report I use descriptive research method and make a questioner on their present performance appraisal system. I asked employees from different department to rate this questions and after collecting the ratings I analyze the results in a calculative way. However, although the employees are more or less satisfied with this present appraisal system but they want some changes on it. They give me some suggestions also. I try to combine both their suggestion and my suggestion and recommend them a better way of appraisal.