TO IDENTIFY THE RELATIONSHIP OF EMPLOYEE APPRAISAL ON EMPLOYEE DEVELOPMENT IN THE BANKING SECTOR: A CASE OF MEEZAN BANK

Abstract

Purpose The purpose of this research is to determine the impact of performance appraisal (fairness in appraisal, method of appraisal and appraisal justification) on employee development. The previous researches have clearly suggested that, there has been a direct and significant relationship between performance appraisal and the mentioned factors of appraisal. The researchers also suggest that performance appraisal is oen of the major reasons why an employee leave the firm Methodology The methodology followed for this research is quantitative and deductive approach as the research involves certain tests to check the impact between the two variables. Regression test is used to determine the significance of the research model along with the variation caused in Dependent variable due to independent. On the other hand to check the correlation the researcher has used Pearson moment correlation method also. Findings The findings from the test suggest that there were three hypothesis for the research (fairness in appraisal, method of appraisal and appraisal justification have significant related to employee development. The findings from the test shows that, fairness sin appraisal and method of appraisal are significantly related to employee development whereas, justification proves to be insignificant. The test also shows that, fairness has the highest relationship with employee development. Implications The study is considered quite useful for the management of banks in particular and for other organizations working in financial industry. Department managers may also benefit from the finding of this study and can focus on the importance of employee development and performance appraisal with an aim to have a better industry outlook.