The impact of performance appraisal methods on the performance of employees

Abstract

IPDC holds a prestigious position in the financial market of Bangladesh being one of the most trustworthy and acknowledged non-banking financial institutions (NBFI) of the country. They began their journey from 1981 and eventually became the pioneer financial association in Bangladesh. IPDC has experienced growth in recent few years. Human Resource department are the essential part of each company to get a competitive workforce and advantage from the adversaries. This report clarifies Human Resource management functions which are practiced by IPDC Finance Limited and how their functional process is improving their efficiency in the market and the strategies they follow in recruiting, assessing, training, and developing their employees. The project gives insights of the performance improvement plan of IPDC Finance Limited. I have collected data from the PIP candidates and their line managers. They have filled up my survey form for the report. From the analysis, it can be said that the performance improvement plan of IPDC Finance is very effective, and it helps the employees to enhance their performance. The Performance Improvement Plan of IPDC Finance is a successful model to assess the performance.