Abstract:
For the Performance appraisal of employees at Bank there are different appraisals
such as 360 degree feedback, upward appraisals, and peer appraisals that could be
helpful. They can bring out things which are normally never spoken, reducing
tension, improving communications, and most likely raising the employees' (or
the manager's) performance considerably.
This research is important as it entails the study of the performance appraisal
which was conducted at Bank A1 Falah ltd in order to study the level of
effectiveness of the performance appraisal in the organization.
There is a close competition among all the banks, so the bank that provides the
best service to its customers will be able to go far. The employees of Bank
Alfalah ltd must be efficient and motivated in order to provide best services to
their customers. For that efficiency, the bank needs to have the comprehensive
appraisal system that could be of value and could be fair for everyone in the
organization.
According to the findings that are accumulated from collected data, the need of a
comprehensive appraisal is required in the organization. The employees should
self evaluate themselves and their evaluation should be done in the most effective
manner. Their must be an automated appraisal system at the bank which could
enhance the efficiency of the organization and the deserving employees could get
promotions.
The recommendations suggested, are workable for the organization. If the HR
division focuses on the Performance Appraisal at the Bank then it’ll definitely
result in a better performance by the employees. There should be an appropriate
appraisal for the employees according to the requirement of Bank A1 Falah ltd.
