Performance appraisal & assessment policies of human resource in transcom limited

Abstract

Performance appraisal is the process of attaining, analyzing and recording information about the relative worth of an employee. The focal point of the performance appraisal is measuring and improving the actual performance of the employee and also the future potential of the employee. Its endeavor is to determine what employees do People differ in their abilities and skills. There is always some difference between the quality and quantity of the same work on the same job being done by two different people. Therefore, performance appraisal is necessary to understand each employee’s abilities, skills, proficiencies, competencies and relative merit and worth for the organization. Performance appraisal rates the employees in terms of their performance. Trasncom has their own assessment and evaluation techniques. They use an assessment form for assessing and evaluating the performance of employees. Performance appraisal of Transcom Limited is a systematic way of appraising the employees. The assessment and evaluation form performance appraisal represents the performance history of an employee with the assurance if his/her supervisor and department head. These forms identify and analyze the potentiality of employees. If the performance history and reviews of the seniors, supervisors and head of department is not good or satisfactory then an employee might be sacked or demoted. With the information of assessment form Human Resource Department make decision regarding an employee. All the employees of Transcom Limited are assessed and evaluated by the same way. They are devoted to play a proactive strategic role contributing directly to strategy development and implementation. Transcom Limited is committed to drive business excellence and create a rewarding workplace through people. Performance appraisal helps the supervisor and head of department of Transcom Limited to understand the validity and importance of an employee’s skills and abilities. The systematic procedure of performance appraisal facilitates supervisor to frame training and development program.