Sunday, September 15, 2019
Education for illegal immigrant children Essay
Each year there are uncountable numbers if students who face numerous problems to attain the higher education,as of higher out state fees and negative prospects for employment.north Carolina education authority estimate about fifteen hundred children of illegal immigrants graduate from high school each year. These students have fewer opportunities for higher education and piles pf barriers to attend a college with out in state fees. The urban institute estimate that each year about 65 thousand children of illegal immigrants who live in the U.S for five years or longer graduate high schools. Among them many students are not allowed to attain higher education of being undocumented ans some could not pay fees as not being in state fees applied to them. The dream act will show a path to those illegal immigrants and children of illegal immigrant to make themselves legalize and who are in U.S. Since years or whom are brought young by their parents as well as whom are born here spend their most of the lives here. It will also make provision which limits the way in which state wish to provide in state tuition to undocumented residents, may structure such laws, by requiring them to provide the same benefits to eligible students who do not reside in this state. But, although the Dream Act eliminates the barriers, it does not bind the states to provide in state tuition to any undocumented immigrants. Therefore the each state need to determine either they are providing in state fees to the children of illegal immigrants or not. Maryland state analyst estimated the adverse effects of this legislation will increase in the enrollment and mandatory education funding, but on the other hand , it will cost the state an extra $ 800,000 by fiscal 2012 and $ 3.5 million by fiscal 2014. The students should sign an affidavit stating that they will seek permanent status within 30 days of becoming the law k-12. This service is provided in some states , but in other states universities and colleges are charging almost the double charge for the out of state students. In 1996, Federal law mandates that if in state rates areà given to illegals, those rates to be given to applicants of every states in U.S. Federal law. In 2008 report by the center of policy e ntrepreneurship (CPE), one of the few studies that have been released , many states have not yet analyzed the effects, most statistics do not specifically track data for the unauthorized immigrants. Tuition fees laws has boosted college enrollment rates and many have reduced high school dropout rates which indicates a better work force for U.S in the future. Among all. Texas has the largest increased enrollment since making its tuition benefit law in 2001. According to the Texas higher education co-ordination board , students benefits total in 9062, in 2007-2008 out of 1.1 million students enrolled in Texas public college and universities. CPE reports conclude that there are no negative fiscal impacts in states after implementing the in state tuition benefits. A few states conclude their decision as unknown and some others claim loss because of different between in state and out state. The student who takes advantage of in state tuition is already fell on the group in which government has invested its money , which will come back to government on future as tax . Todayââ¬â¢s global economy needs more and more knowledgeable and skill full workers which will be multi-lingual and multi-cultural to be complete set of innovators and intellectual force within the entire world. Universities presidents and education associations and many socia l activists have urged the congress to pass the Dream Act which supports the in state. More than immigrants will get access to higher education which help large number if future tax payers which contribute the country to invest them by providing in state tuition. This could play significant amounts of tax for the strong economy of us. The state and government must fair to the children of illegal immigrant as they must not be punished for their parents deeds. In some cases the students are so intelligent , hard working and goal oriented with high academic grades but they donââ¬â¢t realize that they are in process of applying to institutes , that they will not able to attend. It is not made free but discounted as U.S economy is in the shoulder of youths so, if they are well educated then the country economy will boost automatically. Educated youth attains professional jobs that helps to reduce the burdens of social service budgets and higher earners will pay subsequent amount of tax that contributes overall economy. Providing in state fees to illegal aliens makes legallyà applying international students are suckers from not becoming an illegal aliens. College entrance are limited thus each state should provide direct competition within ill egal aliens. The revenue of universities and colleges will be loss if all illegal aliens are given in state tuition fees. So every person and child deserve better education and equal opportunities. They can make their life mush easier and make themselves more competitive. As in this case every individual should get equal education by the Equal Education Act of U.S. It is unfair to those children whom are although being sharp and strong desire to study couldnââ¬â¢t able to fulfill their desire. As in this issues some states are providing in state tuition fees to those students which make them capable to complete in this competitive market but due to lack of documents they arenââ¬â¢t able to attend colleges. This situation seems totally unfair and unethical to the childrenââ¬â¢s for their parents deeds. Though ,there are controversies and issues but it seems to have clear provision by the federal law of us to get higher education to the children of illegal immigrants which does not cause as loss as people believes . So, we believe that all peoples should must get equal opportunity and education for overall development and to make life much advanced as possible. Thatââ¬â¢s why government should think and act seriously about the federal act of U.S. Children of illegal immigrant should get in state tuition fee on the college and equal education opportunity and vice versa. WORK CITED PAGE Los Angles times :A path to college , Nov. 17 2010 New York Times : Dreaming of Reform , Estimating the impact of the Dream Act by Steven A. Camarota In state tuition for Md. Illegal immigrant on table by David Hill ââ¬â the Washington Times Colorado Alliance for immigration reforms National immigrant law centre Federation for american immigrant reform ( taxpayers should not subsidize college for illegal aliens)
Saturday, September 14, 2019
Performance Appraisal
Performance appraisal is a process of identifying, observing, measuring and developing human performance in organizations and has attracted the attention of both academicians and practitioners. The process is also viewed as making an important contribution to effective human resource management as it is closely interlinked to organizational performance (Erodogen, 2002). Performance appraisal is a management tool that helps management in its drive towards optimizing performance, primarily individual performance and therefore, organization performance now and in the future. The aim of performance appraisal can be achieved through assessing how effectively employees are working in their present jobs and what they need to do and know to perform even better (Bono, 2003). (Gupta 2006) defines performance appraisal as a process of assessing the performance and progress of an employee or of a group of employees on a given job and his potential for future development. He further argues that performance appraisal consists of all formal procedures used in work organizations to evaluate personalities, contributions and potentials of employees. (Torrington et al. 2005), define performance appraisal as a system that provides a formalized process to review the performance of employees. Performance appraisal varies between organizations and covers personality, behavior or job performance and it can be measured quantitatively or qualitatively. Performance appraisal involves unstructured narrative on performance of the appraiser. Political behaviors in an organization consist of actions that are taken by individuals or group (Mintezberg, 1983). Their direction is pointed toward the goal of one's own self-interest without focusing on regard for the humans and others in the organization (Kacmar ; Baron, 1999). These actions are informal and are considered a part of an organization's culture, help to maintain interpersonal relationships. As Mayes and Allen (1977) noted, that the actions can implement a dynamic power of influence. When this influence is practiced within organizational boundaries, the behaviors are not considered political. Self-promotion and ingratiation are considered to be examples of political behavior in the workplace include (Godfrey, Jones, & Lord, 1986). Self-promotion actions are mostly proactive. Their purpose is to earn the attention, to build an image of oneself as a competent committed employee. Ingratiation behaviors are less proactive then self-promotion. They emphasis on ââ¬Å"attention- givingâ⬠to a targeted person or persons relative to ââ¬Å"attention is gettingâ⬠from others. A recent study found that politically skilled employees who were involved in ingratiatory behavior toward their supervisors were not only graded positively by them, they were subsequently rewarded for doing this (Treadway, Ferris, Duke, Adams, & Thatcher, 2007). In fact, career success is typically affected by an ability to make accept others that one has the necessary skills needed to perform higher level jobs effectively (Rafaeli, Dutton, Harquail, & Mackie-lewis, 1997). Self-promotion is one important way to do this.Organizational Affective commitmentOrganizational Affective commitment refers to an emotional attachment. Employee beliefs and values regarding their job and role in the organization measure their organizational commitment (Swailes, 2012). Affective Organizational commitment is the measure of employee's identification with the mission and values of the organization perspectives (Mowday, 1982) and supervisor. It is the commitment approach that provides a clearer and more focused scale of organizational commitment (Jaros, 1997) . In addition, recent measures of organizational commitment are attitudinal (Ko, Price ; Mueller, 1997; McGee ; Ford, 1987), and the build validity of affective (attitudinal) commitment is provided support . With strong supervision from their current employers the level of employee knowledge understanding and their commitment level in operations will be higher (Okpara, 2014). Process in evaluating the performance of employees is one of the most important determinants of organizational justice (Greenberg, 1986; Folger et al., 1992). Affective organizational commitment is beneficial to the employee as well. Employees that have affective commitment at their higher levels, experience less stress levels even if they work for longer and harder hours than those not committed. Affective commitment helps in employee's motivation (Meyer & Allen, 1997) and low downs psychological physical, work-related stress (Reilly & Orsak, 1991).Employees are committed to the organization, their jobs and careers exists comfortable, and are able to spend more quality time to their families and hobbies (Reilly & Orsak, 1991). The employee's commitment is the perception of employees procedures used to evaluate their performance is fair (Greenberg, 1990; Colquitt et al., 2001). Further review in the literatures indicates that fair practices in human resource management, particularly in terms of performance appraisal has a predictive role in the employees' attitude such as the organization's commitment (Jehad, 2011). Performance appraisal is viewed as an important mechanism for changing employees' attitude and behaviors such as affective commitment (Morrow, 2011). Moreover, a study by (Tam 1996) indicates that the commitment of government employees is higher in the federal government agencies that implement a fair and transparent assessment.In our study the psychological attachment of the employee with the organization i.e. organizational commitment (Tella , Ayeni, Papoola, 2007). It can be due to the comfort level with the current organization, cost and fear associated with leaving of the organization and joining the other and social disruption caused by new acquaintances in the new environment and leaving the old ones. This particular component which is the need component is known as effective commitment. It may also be due to the feeling that after joining the organization the employee is ought to be loyal and faithful to it (Bruckner 2002). This sense of obligation towards the organization is also termed as the normative commitment. The attachment of the employee can be due to some emotional reasons by which the employees identify him with the goal of the organization. This shows that the employee is affectively committed towards the organization (Hyde, 2000). There can be many antecedents of organizational commitment as suggested by (Comelier 2012) who after investigating a state owned IT industry in Malta, Europe indicated that the employees with lesser educational qualification, having a higher position in the organizational hierarchy and with lesser ambiguity in the role performed, with lower role conflict and positive impact of overall state of roles played within an organization are more committed to their organization. It increases all the normative, continuance commitment and affective components of the organizational commitment (Delaney and Hustled, 1996; Becker and Gerhardt, 1996). Performance Appraisal A DISSERTATION PROJECT On ââ¬Å"STUDY ON PERFORMANCE APPRAISAL SYSTEM AT WAY TO WEALTHâ⬠Submitted in partial fulfillment of the requirement for MBA Degree of Bangalore University BY JYOTSNA Register Number 04XQCM6037 Under the guidance of Prof. S. Santhanam M. P. Birla Institute of Management Associate Bharatiya Vidya Bhavan Bangalore-560001 2004-2006 DECLARATION I hereby declare that the report titled ââ¬Å" STUDY ON PERFORMANCE APPRAISAL AT WAY TO WEALTHâ⬠is prepared under the guidance of Prof. S. Santhanam in partial fulfillment of MBA degree of Bangalore University, and is my original work.This project does not form a part of any report submitted for degree or diploma of Bangalore University or any other university. Place: Bangalore Date: JYOTSNA M. P. Birla Institute Of Management 2 PRINCIPALââ¬â¢S CERTIFICATE This is to certify that Ms JYOTSNA, bearing registration No: 04XQCM6037 has done a project and has prepared a report ââ¬Å"STUDY ON PERFORMANCE APRAISAL S YSTEM AT WAY TO WEALTH ââ¬Å"under the guidance of Prof. S. Santhanam, M. P. Birla Institute of Management, Bangalore. This has not formed a basis for the award of any degree/diploma for any other university. Place: Bangalore Date: Dr . NAGESH. S.MALLAVALLI PRINCIPAL MPBIM, Bangalore : M. P. Birla Institute Of Management 3 GUIDEââ¬â¢S CERTIFICATE This is to certify that Ms JYOTSNA, bearing registration No: 04XQCM6037 has done a project and has prepared a report ââ¬Å"STUDY ON PERFORMANCE APPRAISAL SYSTEM AT WAY TO WEALTH ââ¬Å"under my guidance. This has not formed a basis for the award of any degree/diploma for any other university. Place: Bangalore Date: Prof. S. Santhanam M. P. Birla Institute Of Management 4 ACKNOWLEDGEMENT I would like to take this opportunity to express my sincere gratitude to all those who guided me in the right direction to complete this report.I would like to thank Dr. Nagesh Malavalli ,principal for his support and also to thank my guide Prof. S. San thanam, faculty member, for his guidance and support for making this project a success. I would also thank my family and my friends for supporting me during the project. Place: Bangalore Date: (JYOTSNA) M. P. Birla Institute Of Management 5 CONTENTS Sl. No Page No CONTENTS 1 2 3 4 5 6 7 8 9 10 ABSTRACT INTRODUCTION METHODOLOGY STATEMENT OF PROBLEM OBJECTIVES OF THE STUDY LIMITATIONS COMPANY PROFILE DATA ANALYSIS & INTERPRETATION SUMMARY & CONCLUSION BIBLIOGRAPHY 9 10 11 14 16 26 27 32 54 59 M. P.Birla Institute Of Management 2 LIST OF GRAPHS Sl. No 1 2 3 4 5 6 7 8 Graphs Graph showing whether PA is conducted every year in the company Graph showing whether job increments & promotions are based on PA Graph showing whether PA objectives are clearly defined Graph showing the purpose of PA Graph showing Feedback on Pa is collected Graph showing the Opinion of the present PA system Graph showing whether PA system needs to be improved Graph showing methods that can be suggested for PA Page No 33 34 35 36 38 39 42 43 PA: Performance Appraisal M. P. Birla Institute Of Management 3 LIST OF TABLES Sl. No 1 2 3 4 5 6 7 8 9 10 11Tables Table showing whether PA is conducted every year in the company Table showing job increments &Promotions are based on PA Table showing whether PA objectives are clearly defined Table showing the purpose of PA Table showing Ranking of methods employed in PA Table showing whether Feedback on PA is collected Table showing the Opinion on present PA system Table showing factors covered in PA Table showing Improvements to be done in PA Table showing whether Pa system needs to be improved Table showing methods that can be suggested for PA Page No 33 34 35 36 37 38 39 40 41 42 43 PA: Performance Appraisal M. P.Birla Institute Of Management 4 ABSTRACT It is a well-established fact the people differ in their abilities and aptitudes. These differences are natural to a great extent and cannot be eliminated completely by giving them education and trainin g. There will always be some difference in quality and quantity of work done by different employees. Therefore it is necessary for the management to know these differences so that it may develop certain programs in the organization for those employees who posses better potentials so that they may be developed to accept the challenges of higher jobs or wrong placement of employees may be rectified .The individual employee may also like to know his capability in terms of his performance on his capability in terms of his performance on the job qualitatively and quantitatively in comparison to his fellow employees so that he improve upon it. No firm has a choice as to whether or not it should appraise its personnel and their performance but the choice lies between the systematic and the unsystematic or casual appraisal. The system of appraising the man is not new but the systematic approach of evaluating the man is by any means a new development .The technique of appraising the man by s upervisors or others is widely known as ââ¬Å" Performance Appraisalâ⬠. It is also sometimes termed as Personnel Performance Evaluation, Merit Rating. Thus main objective of the project is to study the Performance Appraisal process being practiced in WAY 2 WEALTH and evaluate its effectiveness. This project aimed at finding out effectiveness in terms of familiarity, and satisfaction level of performance appraisal among the employees WAY 2 WEALTH. The project also focuses on finding out how performance appraisal is matching in meeting the companyââ¬â¢s goals and objectives.M. P. Birla Institute Of Management 5 METHODOLOGY The research methodology used in the project is the descriptive approach and it is done among 200 employees . The main sources through which data is collected are 1. Primary data 2. Secondary data The data collected for this research is through primary data collection method. The instrument used for collecting primary data is structured questionnaire fille d up by the employees Statistical tools were used to find inferences between the variables and analyzing the results.The following are the tools used. 1) 2) 3) Kalmograv Smirnov Test Chi ââ¬â Square test (? 2) Spearmanââ¬â¢s Rank Correlation M. P. Birla Institute Of Management 6 M. P. Birla Institute Of Management 7 INTRODUCTION An organizationââ¬â¢s goals can be achieved only when people put in their best efforts . How to ascertain whether an employee has shown his or her best performance on a given job?. The answer is Performance Appraisal. Employee assessment is the fundamental job of HRM, but not easy one though.Thus ââ¬Å"Performance Appraisalâ⬠is the systematic evaluation of the individual with respect to his or her performance on the job and his or her potential for development . The performance is being measured against such factors as Job Knowledge, quality, initiative, leadership abilities, supervision, co-operation, versatility etc. It is systematic in th at it evaluates all performance in the same manner utilizing the same approach so that the ratings obtained to separate personnel are comparable. It is undertaken periodically according to plan .The essential purpose is the accurate measurement of human performance It attempts to reduce, if not eliminate human bias and prejudice, by means of a system that is subject to impartial review and check. Often such personnel performance appraisal are labeled as ratings where an individual employee, after comparison with another, is rated or ranked as ââ¬Å"Excellent, normal or averageâ⬠and are commonly used for determining an employees eligibility for promotion or transfer and widely being used for the development of the individual.Any appraisal program will involve time and money . The wise manager should plan up a program with the minimum cost to give maximum benefit . The rationale for using any particular method should be determined by the size ,financial resources ,and philosoph y of the organization . M. P. Birla Institute Of Management 8 Appraisal can be made by one or more superiors or subordinates or by the peers . There can also be committee of members from various related departments to appraise an employee.There may even be a system of self ââ¬âappraisal in which each employee evaluates his own performance and potential. M. P. Birla Institute Of Management 9 STATEMENT OF THE PROBLEM To evaluate is to assess the worth or value. In social life, we generally evaluate or appraise the behavior of others in relations to our own needs or goals. Appraisals are judgments of the characteristics ,traits and performance of others. On the basis of these judgments, we assess the worth or value of others, and identify what is good and bad.In industry, performance appraisal is a systematic evaluation of personnel by supervisors or others familiar with their performance because employers are interested in knowing about employee performance. Employees also wish to know their position in the organization. Appraisals are essential for making many administrative decisions: selection, training ,promotion ,transfer ,wage and salary administration ,etc . Besides ,they aid personnel research . Performance appraisal thus is a systematic and objective way of judging the relative worth or ability of an employee in performing his task . Performance ppraisal helps to identify those who are performing their assigned tasks well and those who are not and the reasons for such performance . Differentiating between individuals is easy provided one knows what aspects to take into account. Identifying performance measures is easy if job is clearly defined but difficult if it is broad. At the lower levels of an organization, there are specific jobs and certain tangible and objective standards of performance can be identified. Further up in the hierarchy, jobs become more complex and clearââ¬âcut, tangible standards of performance are difficult to specify.Irr espective of the level by and large, most companies use various parameters for measuring the performance like quality of work, quantity of work, job Knowledge, meeting the job requirements, initiative, team working, communicative etc. And they would be rated in accordingly quarterly, half yearly or annually depending on companyââ¬â¢s policies. M. P. Birla Institute Of Management 10 Many companies would have a standard format for appraising the performance. Ironically many of the employees would not know the norms of the appraisal and to the surprise many of them may not be fully familiar with contents of the appraisal form.This would be great hazel for the company as well as to the employees because if the employee is not aware of what basis he is appraised, he may not put up all his efforts for better improvement which indirectly effects the companies profits by not meeting the companies objectives and targets. Thus this project ââ¬Å" A Study On Effectiveness of Performance Sy stemâ⬠aims at complete study on performance appraisal system and finding out effectiveness of the system in terms of familiarity and satisfaction level of the employees in WAY 2 WEALTH, ChennaiM. P. Birla Institute Of Management 11 OBJECTIVES OF THE STUDY PRIMARY OBJECTIVES ? To find out the effectiveness of PA system in way-2-wealth ? To Know employee satisfaction on PA system in way-2-wealth ? To suggest the way-2-wealth improve the employee satisfaction on PA system SECONDARY OBJECTIVES ? To find the opinion of employees on various factors involved in PA system ? To find out the openness of personal department in PA ? To find out the scope of critical attributes and other factor coverage of PA system ?To know post appraisal measures taken b way-2-wealth M. P. Birla Institute Of Management 12 REVIEW OF LITERATURE Once the employee has been selected, trained and motivated, he is then appraised for his performance. Performance appraisal is the step where the management finds o ut how effective it has been at hiring and placing employees . If any problems are identified steps are taken to communicate with the employee and to remedy them. A ââ¬Å"Performance Appraisalâ⬠is a process of evaluating an employeeââ¬â¢s performance of a job in terms of its requirements.It is the process of evaluating the performance and qualifications of the employees in terms of the requirements of the job for which he is employed, for purposes of administration including placement, selection for promotion, providing financial rewards and other actions which require different treatment among the members of a group as distinguished from actions affecting all members equally. _ Heyel Performance Appraisal seeks to provide an adequate feedback to each individual for his or her performance. It purports to serve as a basis for improving or changing behavior toward some more effective working habits .It also aims aat providing data to managers with which they may judge future job assignments and compensation -Levinson M. P. Birla Institute Of Management 13 Performance Appraisal determines who shall receive merit increases; counsels employees on their improvement ,determines training needs ,determines promo ability, identifies those who should be transferred -Ronald Benjamin PURPOSE OF APPRAISAL It can serve as a basis for job change or promotion ? By identifying the strengths and weakness of an employee it serves as a guide for ? formulating a suitable training and development program It serves as a feedback to the employee ?It serves as an important incentive to all employees ? The existence of regular appraisal system tends to make the supervisors and ? executives more observant of their subordinates Performance appraisal often provides the rational foundation for payment of ? salaries and bonus M. P. Birla Institute Of Management 14 ESSENTIALS OF GOOD APPRAISAL SYSTEM It must be easily understandable ? An appraisal plan must be integrated into the or ganization so as to have clear cut ? relationships between the appraisal plan and organization policies relating to performance of the employees.It must have the support of all line people who administer it ? The system should fit the organizations operations and structure ? The system should be both valid and reliable ? The system should have built in incentives that is a reward should follow satisfactory ? performance The system should periodically evaluated to be sure that it is continuing to meet its ? goals What should be Rated? The seven criteria for assessing performance are: 1. Quality 2. Quantity 3. Timeliness 4. Cost Effectiveness 5. Need for supervision 6. Interpersonal impact 7. Training M. P. Birla Institute Of Management 15Trends in employee Appraisal ITEM Terminology Purpose FORMER EMPASIS Merit Rating Determine qualifications for wage increase, transfer, promotion, lay- off Application For hourly ââ¬âpaid workers Heavy emphasis on personal traits Techniques Ratin g scales, Statistical manipulation of data for comparison purpose PRESENT EMPHASIS Performance Appraisal Development of the individual, improved performance on the job, and provide emotional security For technical, professional and managerial employees Factors Related Results, accomplishments, performance Mutual goalââ¬âsetting, critical incidents, group appraisal, performance standards, less quantitative Post Appraisal Interview Superior communication his rating to employees and tries to sell his evaluation to him; seeks to have employee conform to his view Superior stimulates employee to analyze himself and set own objectives in line with job requirements superior is helper and councilor M. P. Birla Institute Of Management 16 Approaches to Performance Appraisal: 1.A casual ,unsystematic and haphazard appraisal: This method was commonly used in the past . The basis of this method are seniority or quantitative measures quantity and quality of output for the rank and file personn el 2. The traditional and highly systematic measurement: This measures the employees characteristic and employee contributions or both. It evaluates all the performances in the same manner ,utilizing the same approach so that the ratings obtained of separate personnel are comparable 3. The behavioral approach ,emphasizing mutual goal setting: here emphasizes has been laid upon providing mutual goal setting and appraisal of progress by both the appraiser and the appraise .This approach is based on the behavioral value of fundamental trust in the goodness ,capability and responsibility of human beings. The Evaluating Process The process of performance appraisal follows a set pattern viz, a manââ¬â¢s performance is periodically appraised by his superiors. Questions are raised . Is his potential the greatest as a manager or as a staff specialist? What are his strengths and weakness? Where can he make his great contribution? Next sometimes in consultation with the man himself, tentati ve decisions are made on what might be done to advance his development. M. P. Birla Institute Of Management 17 Thus the process would involve following steps ESTABLISH PERFORMANCE STANDARDS COMMUNICATE PERFORMANCE EXPECTATIONS TO EMPLOYEES MEASURE ACTUAL PERFORMANCECOMPARE ACTUAL PERFORMANCE WITH STANDARDS DISCUSS THE APPRAISAL WITH THE EMPLOYEE IF NECESSARY, INITIATE CORRECTIVE ACTION M. P. Birla Institute Of Management 18 TOOLS/METHODS FOR APPRAISING PERFORMANCE: Several methods and techniques of appraisal are available for the measurement of the performance of the employee . The methods and scales differ for obvious reasons 1. They differ in the sources of traits or qualities to be appraised. 2. The variations may be caused by the degree of precision attempted in an evaluation. 3. They may differ because of the methods used to obtain weightings for various traits. M. P. Birla Institute Of Management 19 Methods of Performance appraisalTraditional Methods ? Straight Ranking ? Man-t o-man Comparison ? Grading ? Force choice Description ? Graphic Rating Scales ? Forced distribution Method ? Check Lists ? Free Form Essay Method ? Critical Incidents ? Group Appraisal ? Field Review Method y Modern Methods Assessment Centres Behaviorally Anchored Rating Scale M. P. Birla Institute Of Management 20 COMPONENTS OF APPRAISAL EVALUATION ? ââ¬Å"Whoâ⬠of the Appraisal ? ââ¬Å"Whatâ⬠of Appraisal ? ? ? Common Pitfalls in Appraisal: ? There is often tendency to rate not only the employee but also the job ? Errors are introduced in the appraisal because of a defect or bias in the person conducting the appraisal ?As Appraisal are in fact opinions ,it is difficult to remove from the subjective element whilst making the judgment ? Performance appraisal do require a lot from the supervisor as they require periodic observation of subordinates performance by them which becomes difficult in case of a first line superior have a large number of subordinates ? There is of ten a large variations in the standards and ratings because some raters are tough where as others are lenient ? There is often lack of communication where by the employee does not know how he is rated ? Often Superiors are reluctant to give a low rating to ineffective subordinate and gives him an average rating ?Sometimes communication of the rating of the employee if done properly would be taken as criticism and may even result in his performing more poorly The ââ¬Å"Whyâ⬠of Appraisal The ââ¬Å"Whenâ⬠of Appraisal The ââ¬Å"whereâ⬠of Appreciation M. P. Birla Institute Of Management 21 LIMITATIONS OF THE STUDY The researcher has made efforts for an errorless study but the following limitations were occurred ? The survey was restricted to only in Way 2 Wealth and the sample size was 200 ? There may be some changes if the sample size and the geographical segmentation were increased ? Time was a handicap for a detailed study ? A few respondents might have been given biased information, which may affect the reliability of the results ?Unwillingness and inability of the respondent to provide information M. P. Birla Institute Of Management 22 COMPANY PROFILE Way2Wealth is a premier Investment Consultancy Firm that has been launched with the aim of making investing simpler, more understandable and profitable for the investors. Way2Wealth brings a wide range of product offerings from Fixed Income Securities, Life Insurance and Mutual Funds to Equity and Derivatives (on the National Stock Exchange) for the convenience and benefit of it customers. Way2Wealth has over 40 easily accessible Investment Outlets spread across 20 major towns and cities in the country. Mission Way2Wealth is a premier Investment Consultancy Firm, launched with the ission ââ¬Å"to be the pre-eminent destination for personalised financial solutions helping individuals create wealthâ⬠. Philosophy We believe that ââ¬Å"our knowledge combined with our investors trust and in volvement will lead to the growth of wealth and make it an exciting experienc Sivan Securities started in 1984, has a long and illustrious track record of being amongst the premier Financial Intermediaries in the country as well as being an incubator for IT start-up firms. The Venture Capital division came to be known as Global Technology Ventures (GTV has provided venture capital to companies such as Kshema Technologies, MindTree, Ivega etc. ) and the Financial Intermediary Division was spun off as Way2Wealth in the year 2000. M. P.Birla Institute Of Management 23 Way2Wealth is promoted by Sivan Securities and Global Technology Ventures Ltd. Prudential ICICI AMC provides further strength to Way2Wealth as strategic equity partner. Over the years, Sivan has developed a strong reputation for navigating its investors through all the ups and downs in the market. Way2Wealth has inherited these same values in addition to a base of 75,000 individual customers, over 300 corporate/institutio nal clients. Other companies in the group include Amalgamated Bean Coffee Trading Company Ltd. (one of the largest Coffee Exporters in India) and Cafe Coffee Day, a chain of youth hangout coffee parlors.Way2Wealth has very credible management teams, who have well over 100 man-years of experience amongst themselves Way2Wealth Investment outlets are designed to be places where retail investors can come in touch with Investment opportunities in an atmosphere of convenience and comfort. The look and feel of the offices across India project a consistent branch image for the company. The features that enable a unique facility for retailing financial services include among others: ? Most branches are located in the ground floor sporting huge glass frontage promoting easy accessibility and reflecting our attitude of complete transparency. ? The major portion of the branch area dedicated for customer use.The furniture is in CKD formats to add flexibility in using the branch for Investors pur poses. ? ? Connectivity to NSE for trading facilities. TV and other electronic mediums to facilitate real time update and dissemination of information to our customers. ? Each branch comprises of trained and qualified Investment advisors to take care of the needs of the customers. M. P. Birla Institute Of Management 24 The Way2Wealth Research Desk Research is at the core of the advice. It believes that sound investment decisions are made on sound analysis of facts, past performance and credible market information. The research cell focuses on providing data and analysis to help customers make sound investment decisions.The Research cell is managed by a highly qualified team that is handpicked and trained extensively in the proprietary Way2Wealth Investment Philosophy centered on finding the best investment solutions for our customers. Based in the commercial capital enables the team to have a pulse of the trends allowing dissemination of the most up-to-date and latest information. ? Personalised Investment Solutions: All the customers receive individual attention ? Full choice of Investments: Mutual funds, Life Insurance, Fixed Income Instruments, Equity and Derivatives ? Processing support: take care of all the paper work and provide service at the doorstep. ? Investor eligibility criteria: Customers with a minimum investment amount as low as Rs. 2500 per month can avail of the services.This unique Way2Wealth concept can be easily experienced through the innovative and customer friendly network of Investment outlets that spans 20 major towns and cities in the country. M. P. Birla Institute Of Management 25 RESEARCH METHODOLOGY The following points are considered in carrying out the research. A. RESEARCH METHODOLOGY: A research design is purely ad simply the framework a plan for a study that guides the collection and analysis of the data. Descriptive Research Here the research is been done on 200 members through a media of questionnaire B. DATA COLLECTION METH OD: The main sources through which data is collected are 1. Primary data 2. Secondary data The data collected for this research is hrough primary data collection method. The instrument used for collecting primary data is questionnaire from the employees. M. P. Birla Institute Of Management 26 E. SAMPLING TECHNIQUE Non ââ¬â probability (non random ) sampling method is used in this project. F. STATISTICAL TOOLS USED: Statistical tools were used to find inferences between the variables and analyzing the results. The following are the tools used. 1)spearmanââ¬â¢s rank Correlation 2) Kalmograv Smirnov Test 3) Chi ââ¬â Square test (? 2) M. P. Birla Institute Of Management 27 M. P. Birla Institute Of Management 28 DATA ANALYSIS & INTERPRETATION TABLE 1 TABLE SHOWING WHETHER PA IS CONDUCTED EVERY YEAR IN THE COMPANY S.NO 1 2 YES NO TOTAL OPINION NO OF RESPONDENTS 60 0 60 PERCENTAGE (%) 100 0 100 100 80 60 40 20 0 YES NO INFERENCE: All the respondents feel that PA is conducted eve ry year in the company. M. P. Birla Institute Of Management 29 TABLE 2 TABLE SHOWING WHETHER JOB INCREMENTS AND PROMOTIONS ARE STRICTLY BASED ON PA S. NO 1. 2. YES NO OPINION NO OF RESPONDENTS 41 19 PERCENTAGE (%) 68 32 100 TOTAL 60 70 60 50 40 30 20 10 0 YES NO INFERENCE: Majority of the respondents feel that job increments and promotions are strictly based on PA is 68%and whereas few of them feel that it is not strictly based on PA 32%. M. P. Birla Institute Of Management 30 TABLE 3 TABLE SHOWING WHETHER PA OBJECTIVES ARE CLEARLY INFORMED S. NO 1. 2. 3.CHOICE CLEARLY INFORMED PARTIALLY INFORMED NOT INFORMED AT ALL TOTAL NO OF RESPONDENTS 22 28 10 60 PERCENTAGE (%) 36 46 18 100 50 40 30 20 10 0 PERCENTAGE CLEARLY INFORMED PARTIALLY INFORMED NOTINFORMED AT ALL INFERENCE: Majority of the respondents feel that PA objectives are partially informed, some of them feel it is clearly informed and whereas few of them feel that it is not informed at all. M. P. Birla Institute Of Management 3 1 TABLE 4 TABLE SHOWING PURPOSE OF PA S. NO 1 2 3 4 CHOICE SALARY INCREASE PROMOTION TRAINING AND DEVELOPMENT FEEDBACK TOTAL NO OF RESPONDENTS 18 22 14 6 120 PERCENTAGE (%) 30 36 24 10 100 40 35 30 25 20 15 10 5 0 PERCENTAGE SALARY INCREASE PROMOTION TRAINING AND DEVELOPMENT FEEDBACKINFERENCE: Majority of the respondents feel that purpose of PA is for promotion, some of them feel it is for salary increase and whereas few of them feel it is for training and development. M. P. Birla Institute Of Management 32 TABLE 5 RANKING OF METHODS EMPLOYED IN PA NO OF RESPONDENTS FACTORS 1 GRADING RANKING METHOD CHECKLIST METHOD FORCED CHOICE METHOD 15 22 13 11 2 18 17 16 10 3 12 16 20 13 4 15 6 11 26 INFERENCE: From the table it is seen that the ranking of methods employed in PA is give below: FACTORS GRADING RANKING METHOD CHECKLIST METHOD FORCED CHOICE METHOD RANK II I III IV M. P. Birla Institute Of Management 33 TABLE 6 TABLE SHOWING WHETHER FEEDBACK ON PA IS COLLECTED S. NO 1. 2. YES NO OPI NION NO OF RESPONDENTS 25 35 60 PERCENTAGE (%) 42 58 100 TOTAL 60 50 40 30 20 10 0 PERCENTAGE YES NOINFERENCE: 58% of the respondent feel that feedback on PA is not collected ad whereas some of them feel that feedback on PA is collected. M. P. Birla Institute Of Management 34 TABLE 7 TABLE SHOWING OPINION ON PRESENT PA SYSTEM IN THE COMPANY S. NO 1. 2. 3. 4. OPTIONS VERY GOOD GOOD AVERAGE POOR TOTAL NO OF RESPONDENTS 6 24 18 12 60 PERCENTAGE (%) 10 40 30 20 100 40 35 30 25 20 15 10 5 0 PERCENTAGE VERY GOOD GOOD AVERAGE POOR INFERENCE: Majority of the respondents opinion regarding present PA system in the company is good, some of the respondents opinion is average and whereas few of the respondents opinion is poor. M. P. Birla Institute Of Management 35 TABLE 8TABLE SHOWING OPINION ON THE FOLLOWING FACTORS COVERED IN PA FACTORS Job knowledge Quality of work Quantity of work Ability of work Hard work Manner & obedience VERY GOOD 6 7 6 7 10 10 GOOD 21 29 14 24 26 24 AVERAGE 22 13 18 16 12 14 POOR 9 6 12 8 7 9 VERY POOR 2 5 10 5 5 3 INFERENCE: Majority of the respondentââ¬â¢s opinion regarding the factors covered in PA is good, some of them feel it is average and whereas few of them feel it is poor. M. P. Birla Institute Of Management 36 TABLE 9 TABLE SHOWING IMPROVEMENTS TO BE MADE IN PA FACTORS Strongly agree 12 9 10 5 6 7 11 Neither Agree Agree nor disagree 27 25 24 22 20 24 25 11 14 8 14 18 13 14 6 7 11 13 11 11 6 Disagree Strongly disagree 4 5 7 6 6 5 4Confidentiality Critical attributes Role related attributes Post appraisal actions Introducing bars in PA Feedback on PA White paper on PA & after PA INFERENCE: Majority of the respondents agree that improvements has to be made in PA, some of them neither agree nor disagree ad whereas few of them disagree that improvements has to be made in PA M. P. Birla Institute Of Management 37 TABLE 10 TABLE SHOWING WHETHER PRESENT PA SYSTEM IS TO BE IMPROVED S. NO 1. 2. 3. 4. 5. OPTIONS STRONGLY AGREE AGREE NEITHER AGR EE NOR DISAGREE DISAGREE STRONGLY DISAGREE TOTAL NO OF RESPONDENTS 11 20 15 9 5 60 PERCENTAGE (%) 18 34 24 16 8 100 35 30 25 20 18 15 10 5 0 PERCENTAGE 34 24 16 8 STRONGLY AGREE AGREE NEITHER AGREE NOR DISAGREE DISAGREE STRONGLY DISAGREEINFERENCE: Majority of the respondents agree that present PA system is to improved, some of them neither agree nor disagree ad whereas few of them disagree. M. P. Birla Institute Of Management 38 TABLE 11 TABLE SHOWING METHODS THAT CAN BE SUGGESTED FOR PA S. NO 1. 2. 3. 4. 5. OPTIONS ESSAY METHOD FIELD REVIEW METHOD BARS APPRAISAL BY RESULTS 360 DEGREE APPRAISAL TOTAL NO OF RESPONDENTS 9 8 11 14 18 60 PERCENTAGE (%) 16 12 18 24 30 100 30 25 20 15 10 5 0 PERCENTAGE ESSAY METHOD FIELD REVIEW METHOD ARS APPRAISAL BY RESLTS 360 DEGREE APPRAISAL INFERENCE: Majority of the respondents suggest 360 degree appraisal for PA, some of them suggest appraisal by result and whereas few of them suggest essay method. M. P.Birla Institute Of Management 39 TOOLS USED F OR ANALYSIS KALMOGROV SMIRNOV TEST The Kalmogrov Smirnov Test (KS ââ¬â Test) tries to determine if two data sets significantly. The KS ââ¬â test has the advantage of making no assumption about the distribution of data. (Technically speaking it is nonparametric and distribution free). It is a goodness of fit used to examine the distribution function of the random variable (X). Test statistics T = = Sup | F (x) ââ¬â S (x) | Supremum of the absolute value of the difference between F (x) and S (X) H0 is rejected if T exceeds the 1 ââ¬â a quantile (W1 ââ¬â a) of the Kalmogrov Smirnovââ¬â¢s Statistic. M. P. Birla Institute Of Management 40TO FIND OUT THE DISTRIBUTION OF RESPONDENTââ¬â¢S RATING PATTERN ABOUT ââ¬Å"WHETHER PRESENT PA SYSTEM IS TO BE IMPROVEDâ⬠H0: H1: Response Pattern obtained is uniformly distributed Response Pattern is not uniformly distributed Null Hypothesis S (x) 1/5 2/5 3/5 4/5 5/5 Opinion F (x) Cumulative Percentage 0. 18 0. 52 0. 76 0 . 92 1 Cumulative Percentage 0. 2 0. 4 0. 6 0. 8 1 Difference F(x) ââ¬â S(x) -0. 02 0. 12 0. 16 0. 12 ââ¬â STRONGLY AGREE AGREE NEITHER DISAGREE STRONGLY DISAGREE 0. 18 0. 34 0. 24 0. 16 0. 08 TEST OF UNIFORM DISTRIBUTION Calculated Value is: T (F (x) ââ¬â S (x)) Tabulated Value is = 0. 16 T (tab) = 1. 22 / ? n When n = 5, T (tab) = 0. 5456 for 5 % significance level. Calculated value is less than tabulated value. H0 is accepted. INFERENCE: Response pattern obtained is uniformly distributed. M. P. Birla Institute Of Management 41 PAIRED ââ¬ËTââ¬â¢ TESTTO IDENTIFY THE COMPARISON BETWEEN THE STATEMENTS THAT ARE GIVEN FOR OPINION ON THE FOLLOWING FACTORS COVERED IN PA Ho: Job Knowledge is very good than Quality of Work H1: Quality of work is very good than Job Knowledge VERY GOOD JOB KNOWLEDGE QUALITY OF WORK 16 24 GOOD 12 96 AVERAGE 80 44 POOR 24 20 VERY POOR 8 16 N=5 X1 16 72 80 24 8 Y1 24 96 44 20 16 D1 -8 -24 36 4 -8 d=0 d1 ââ¬â d -8 -24 36 4 -8 (d1 ââ¬â d )2 64 576 1296 16 64 2016 d = 1Od N = 0 where N = 5 M. P. Birla Institute Of Management 42 S2 = 1 O (d1 ââ¬â d) 2 (n ââ¬â 1) = S T = = 10. 13 3. 19 d S/ vn = Degree of freedom 0 = n-1 =4 Table Value = 2. 132 Calculated Value is less than Tabulated Value, Ho is accepted INFERENCE: Job Knowledge is very good than Quality of Work M. P. Birla Institute Of Management 43 SPEARMANââ¬â¢S RANK CORRELATION The rank correlation co ââ¬â efficient is a measure of correlation that exists between two sets or ranks.Spearmanââ¬â¢s Rank Correlation Co ââ¬â efficient is calculated as follows: r = 1 ââ¬â 6 O di2 n (n2 ââ¬â 1) where n is number of packed observation d is the difference between one paired observation. The value of Spearmanââ¬â¢s Rank Correlation will always lie between ââ¬â1 and +1. If the coefficient is HO the ranks given by two sets of judges show perfect positive correlation. If it is ââ¬â1, the ranks given by two sets of judges have a perfect negative correlation between them. NULL HYPOTHESIS HO: There is no correlation between the ranking of Checklist Method and Ranking Method among respondents i. e. , à µr = 0 H1: There is correlation between the ranking of Checklist Method and Ranking Method among respondentââ¬â¢s i. e. , à µr > 0 M. P.Birla Institute Of Management 44 RAN S. NO K (X) RANK (Y) RANK DIFFERNCE (RANK X ââ¬â RANK Y) DIFFERENCE SQUARE di2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 3 3 4 2 1 2 1 2 2 1 4 2 2 2 2 2 3 2 1 4 3 3 1 1 2 1 1 2 1 3 1 2 1 1 2 1 1 1 3 3 4 1 1 2 2 1 1 2 2 3 2 2 2 1 -2 1 -1 1 1 -1 3 1 1 -1 -1 2 2 1 -1 2 2 2 -1 -1 -1 4 4 4 1 4 1 1 1 1 1 9 1 1 1 1 4 4 1 1 4 4 4 1 1 1 O di2 =59 M. P. Birla Institute Of Management 45 X = CHECKLIST METHOD Y = RANKING METHOD Spearmanââ¬â¢s r = 1 ââ¬â 6 O di2 n (n2 ââ¬â 1) = 1 ââ¬â 6 x 59 25 (252 ââ¬â 1) = 1 ââ¬â 0. 0226 = 0. 977 or tabulated or (t), n = 25 at 5% level of significance or calculated or (c) = 1 vn ââ¬â 1 = 1 v25 ââ¬â 1 = 0. 20Upper limit (U1) = à µr + or (t) x or (c) = 0 + 0. 3977 x 0. 20 = 0. 08 INFERENCE: Since the ââ¬Ërââ¬â¢ value = 0. 977 it lies in the rejection region therefore we reject the null hypothesis at 5% level of significance and we accept the alternate hypothesis. Hence, we conclude that there is positive correlation between the ranking of Checklist Method and Ranking Method among the respondents. M. P. Birla Institute Of Management 46 CHI ââ¬â SQUARE TEST Chi ââ¬â Square is an importance non ââ¬â parametric test and as such no test are necessary in respect of the type of population. We require only the degree of freedom (implicity of course the size of the sample) for using this test.As a non ââ¬â parametric test, Chi ââ¬â square can be used (i) as a test of goodness of fit and (ii) as a test of independence. Since the researcher used test of independence only the details about test of independence is given below. TES T OF INDEPENDENCE o2 test enables us to explain whether or not two attributes are associated. In order that we may apply the chi ââ¬â square test either as a test to judge the significance of association between attributes, it is necessary that the observed as well as theoretical or expected frequencies must be grouped in the same way and theoretical distribution must be adjusted to give the same total frequency as we find in case of observed distribution.Karl Pearson developed a test for testing the significance of discrepancy between experimental values and the theoretical values obtained under some theory or hypothesis. This test is known as o2 test of goodness of fit. Karl Pearson proved that the statistic o2 = ? (O ââ¬â E) 2 / E O ââ¬â Observed Frequency E ââ¬â Expected Frequency o2 is used to test whether difference between observed & expected frequencies are frequent. M. P. Birla Institute Of Management 47 To find o2 table value degree of freedom should be cal culated. Degree of freedom is calculated using the formula (r ââ¬â 1)(c ââ¬â 1). The table value for this degree of freedom is seen using 5% or 1% of significant level. If o2 table value is greater than o2 calculated value, Null Hypothesis is accepted or Null Hypothesis is rejected.To determine whether there is significant difference between gender & whether PA is inherently unfair Ho: There is no significant difference between gender & whether PA is inherently unfair H1: There is significant difference between gender & whether PA is inherently unfair GENDER CHOICE MALE FEMALE TOTAL NO OF RESPONDENTS YES 28 20 48 NO 104 48 152 TOTAL 132 68 200 Expected Frequencies are: (48 * 132) / 200 = 31. 68 (152 * 132) / 200 = 100. 32 (48* 68) / 200 = 16. 32 (152 * 68) / 200 = 51. 61 M. P. Birla Institute Of Management 48 CALCULATION OF O2: Observed Frequency (O) 28 104 20 148 Expected Frequency (E) 31. 68 100. 32 16. 32 51. 68 (O ââ¬â E) 2 13. 54 18. 66 18. 66 13. 54 (O ââ¬â E) 2 / E 0. 427 0. 168 1. 14 0. 261 2. 01 Calculated o2 = ? O ââ¬â E)2 / E O ââ¬â Observed Frequency E ââ¬â Expected Frequency = 2. 01 Calculated o2 = 2. 01 Degree of Freedom = (4 ââ¬â 1)(2 ââ¬â 1) = 3 d. o. f at 5 % level of significance Therefore, Tabulated o2 = 7. 815 Since Calculated o2 < Tabulated o2 Therefore, we accept the hypothesis. i. e. , There is no significant difference between gender & whether PA is inherently unfair M. P. Birla Institute Of Management 49 M. P. Birla Institute Of Management 50 FINDINGS OF THE STUDY. ? All the respondents feel that PA is conducted every year in the company. ? Majority of the respondents feel that job increments and promotions are strictly based on PA and whereas few of them feel that it is not strictly based on PA. Majority of the respondents feel that PA objectives are partially informed, some of them feel it is clearly informed and whereas few of them feel that it is not informed at all. ? Majority of the respondents feel that purpose of PA is for promotion, some of them feel it is for salary increase and whereas few of them feel it is for training and development. ? From the table it is seen that the ranking of methods employed in PA is give below: FACTORS GRADING RANKING METHOD CHECKLIST METHOD FORCED CHOICE METHOD RANK II I III IV ? 58% of the respondent feel that feedback on PA is not collected and whereas some of them feel that feedback on PA is collected. Majority of the respondents opinion regarding present PA system in the company is good, some of the respondents opinion is average and whereas few of the respondents opinion is poor. ? Majority of the respondents opinion regarding the factors covered in PA is good, some of them feel it is average and whereas few of them feel it is poor. ? Majority of the respondents agree that improvements has to be made in PA, some of them neither agree nor disagree ad whereas few of them disagree that improvements has to be made in PA. M. P. Birla Inst itute Of Management 51 ? Majority % of the respondents prefers PA by the HR department, some of them prefer by third party and whereas few of them prefer through top level management. Majority of the respondents agree that present PA system is to improved, some of them neither agree nor disagree ad whereas few of them disagree. ? Majority of the respondents suggest 360 degree appraisal for PA, some of them suggest appraisal by result and whereas few of them suggest essay method. M. P. Birla Institute Of Management 52 SUGGESTIONS The top management should take up periodic programs to explain the objectives and the related issues to the executives and queries should be thoroughly cleared It is necessary to improve the performance analysis and review system in following areas ? There should be clear definition of rewards basing performance ?PAââ¬â¢S should have direct bearing in promotions ? PA should be incident specific & productivity linked & not as per personal linking. ? Self-a ppraisal discussion with the assessing officer & then the officer recording his appraisal will be ideal. Awareness is less in catering department ? Employees to work hard to achieve & a panel of officers with which interaction happens during the course of your job should be appraising officer ? Every year a appraisal letter should be given to employee because that can make a employee to show great affection to their job ascertained ? Subordinate & peers also should have a role in individualââ¬â¢s assessment ?Before or during PA, the reporting officer may discuss with the employee about his plus or minus points in order to educate & improved the employeeââ¬â¢s performance in future ? Most of the assessment is based on personal interaction with evaluating officer ? Instead of giving overall rating in the paper good workers should be appreciated by the way of given extra perks or increment ? The decision obtained at performance analysis should be implemented. M. P. Birla Institut e Of Management 53 CONCLUSION The effectiveness of a system is to be determined by the people in it, the system cannot become effective automatically. Simply by basing upon few assumptions about the people involved in it.The same is the case with the executive appraisal system of Way 2 Wealth a considerable number of them have come under Halo effect and stereotyping Objectives of the appraisal system are not clear to most of the employees and behavioral dimensions are not clearly understood Unsatisfactory opinion in respect of existing system and self-assessment Wide gap between formal appraisal system and self-assessment Training needs are not met by the organisation inspite of doing serious exercise in identifying them There is lot of paper work in this system of appraisal by which the appraisal is time consuming The analysis has shown that most of the executives are in favour of a better appraisal system, which is more transparent and has provisions for unbiased assessment of per formance M. P. Birla Institute Of Management 54 M. P. Birla Institute Of Management 55 BIBLIOGRAPHYPERSONNEL MANAGEMENT STATISTICAL METHODS MANAGING HUMAN RESOURCES HUMAN RESORCE MANAGEMENT ââ¬â C. B. MAMORLA, S. V. GANKAR S. P. GUPTHA BOHLANDER ASHWATHAPPA M. P. Birla Institute Of Management 56 QUESTIONNAIRE 1. Gender : Male ? Female ? 2. Employee Category: 3. Age Group: 4. Experience: 5. Is every year PA is conducted by the company? Yes ? No ? 6. Job increments and promotions are strictly based on PA? Yes ? No ? 7. PA objectives are Clearly informed Partially informed Not informed at all 8. Is PA inherently unfair M. P. Birla Institute Of Management 57 ? ? ? Yes ? No ? 9. PA serves the purpose of Salary increase Promotion Training and development Feedback ? ? ? ? 10.What methods are employed in PA Grading Ranking method Checklist method Forced choice method ? ? ? ? 11. PA forms/procedures are Management oriented Employee oriented M. P. Birla Institute Of Management ? ? 58 12. After PA, Feedback on PA is collected Yes ? No ? 13. The opinion on present PA system in the company? Very good Good Average Poor ? ? ? ? 14. Your opinion on the following factors covered in PA? FACTORS Job knowledge Quality of work Quantity of work Ability of work Hard work Manner & obedience VERY GOOD GOOD AVERAGE POOR VERY POOR M. P. Birla Institute Of Management 59 15. What is to be improved in PA? Strongly agree Neither Agree Agree nor disagree Disagree Strongly disagree FACTORSAppraisal by result Confidentiality Critical attributes Role related attributes Post appraisal actions Feedback on PA 16. Among the following which one do you prefer? PA by the HR department PA by the third party PA by top level management Assessment center ? ? ? ? M. P. Birla Institute Of Management 60 17. Is the present PA system is to be improved? Strongly Agree Agree Neither agree nor disagree Disagree Strongly disagree ? ? ? ? ? 18. What method you can suggest for PA? Essay method Field review metho d BARS Appraisal by results 360 degree appraisal ? ? ? ? ? M. P. Birla Institute Of Management 61 M. P. Birla Institute Of Management 62 M. P. Birla Institute Of Management 63
Friday, September 13, 2019
Week 8 705 Assignment Example | Topics and Well Written Essays - 250 words
Week 8 705 - Assignment Example This requires knowledge on budgeting and components of budgets so that a DNP can collaborate with line personnel and inform them to ensure availability of resources for meeting patientsââ¬â¢ needs. Ordering of tests and prescription of medicines originates from DNPs and the professionals are the right source of information for budgeting for the necessary resources. DNPsââ¬â¢ knowledge on budgeting can facilitate accuracy in resource allocation and availability of the required resources. In addition, ability to identify each of the direct costs such as personnel, equipments, supplies, and training expenses and to allocate expected costs to them facilitates budgeting within a DNPââ¬â¢s department and informs a facilityââ¬â¢s budgeting (Loyns & Gitlin, 2008). Personnel are critical to service delivery and understanding workload volume informs DNPs on the required human resource base. The most common volume and peak volume are important to estimating extreme ends of a facilityââ¬â¢s needs that can ensure economic, but sufficient, allocation of resources. Reliance on most common workload, together with further analysis then informs DNPs roles in budgeting for their departments and their facilities. As a leader, a DNP needs to understand human resource planning concepts for informing human resource management on appropriate human resource composition and for ensuring optimal personnel output in a DNPââ¬â¢s department through motivational factors (Waxman, 2012; Loyns & Gitlin,
Thursday, September 12, 2019
A Hotel Fire Strategy Assignment Example | Topics and Well Written Essays - 2000 words
A Hotel Fire Strategy - Assignment Example The admeasurements of the staircases are also not provided. We assume width of each staircase to admeasure 1400 mm and of 5 meters height. ââ¬Å"Elements of structure such as structural frames, beams, columns, load bearing walls and floor structuresâ⬠are insulated from fire. The hotel owners have left nothing to chance while preparing the building for the hotel. Adequate care and provisions have been made that chances of fire is remote and even if it does takes place, it causes minimum damage (Buildings Other Than Dwelling Houses, 2007, p71). My work is to organize fire strategy for the entire hotel and comprises compartmentation, fire suppression, other internal fire spread and external fire spread Compartmentation The cinema on the ground floor has sprinklers. These sprinklers become automatically activated in the event of a fire. The closest sprinkler to the spot of the fire gets first activated. The heat above 45 degrees is immediately sensed by the sprinklers setting off water jets sprouting towards the fire. There are 30 sprinklers spread over the cinema. Four sprinkles are fixed on each wall totaling 16 all around the walls. Another 14 sprinklers guard the ceiling, 3 each in four rows and two hover over the screen (Buildings Other Than Dwelling Houses, 2007, p783). The cinema is one whole auditorium. So it is not possible to compartmentalize by means of walls or any other partition. The walls, floor and ceiling are, however, fire-proof. There are four large exit point that lead outside the building premises from the cinema. There are another four exit points that lead to the lobby of the ground floor. But these exit points have a wall in between the lobby and the exit points. There is a t en-foot passage between the exit points and the wall that lead to the main entrance of the hotel. An emergency exit almost the size of the passage width at one end of this passage leading outside the building premises is opened at the end of the shows to enable the viewers make their exit. Viewers are not allowed to exit from the hotel lobby except in emergency situations such as fire. The capacity of the cinema is 200 persons. In case of fire towards the exits leading outside the building, the viewers will naturally make exit from the exit points towards the lobby. A hundred viewers will exit from the lobby which will be opened for the exiting viewers in view of the emergency situation, and another hundred will exit from the emergency exit leading outside the building. The doors leading into the cinema are fire-proof. However, the large, dark curtains within the doors are not fire proof. Nevertheless, fire to these curtains will not result in large scale damage since the walls and floor are fire-proof. The seating arrangement in the cinema is fire-proof. The screen is not fire-proof. But sprinklers overhead will sprout water jets immediately the screen catches fire. Overall, the complete cinema is well-prepared for evacuation in case of fire. There are three fire
Wednesday, September 11, 2019
The relationship between justice or rights Essay
The relationship between justice or rights - Essay Example It can be noted that there is a correlation between the concepts of rights and law. As such, this paper seeks to critically analyse the relationship between rights and law. It starts by defining these two concepts in order to get a full understanding of their meanings. The main part of the paper discusses the theoretical framework underpinning these two concepts. Human rights are literally the rights that one has simply because he or she is human. Donnely (1998, p. 3) posits to the effect that ââ¬Å"human rights, because they rest on nothing more than being human being, are universal, equal and inalienable. This means that everyone is entitled to human rights and is empowered by them regardless of creed or belief. Theoretically, Joel Feinberg: ââ¬Å"To have a right is to have a claim to something and against someone, the recognition of which is called for by legal rules or, in the case of moral rights, by the principles of an enlightened conscience,â⬠(1980 p. 159-160). Human beings should be treated as equal and their rights should not be violated by others. As going to be discussed in detail below, there are various institutions that are mainly concerned with protecting the rights of people in different countries. ... Thus, in different countries, respective governments lay down binding regulations that form the law of the land as enshrined in the constitution (Muller et al, 2007). As such different cases are reported to different courts and these have the power to settle issues that may exist among different people in the society. The law also stipulates that all the accused persons have the right to fair trial and they are innocent until they are proven guilty by the court. In most cases, the law is specifically meant to regulate the behaviour of different people in their societies. From the above explanations, it can be seen that there is a close relationship between the concepts of rights and law. In as far as the concept of rights is concerned, John Lockeââ¬â¢s Second Treatise Government 1776 posits to the effect that individuals have natural rights to their lives, liberties and estates (Donnelly, 1998). In the absence of government, these rights are of little value. Therefore, the governm ent has a responsibility to ensure that the rights of the people are protected. The existence of the government and peopleââ¬â¢s rights are complimentary as they are designed to serve the interests of the people. The government is an institution that has the power to enact laws that guide the behaviour of the people in their respective countries in order to ensure that there is peace and harmony among the people. In essence, the existence of the government is mainly concerned with protection of peopleââ¬â¢s rights so that they are not violated. It can be noted that there is a close link between the concepts of law and rights. According to Lockeââ¬â¢s philosophy of inalienable rights among the people, the government is based on social contract between the rulers and the ruled (Tackach,
Tuesday, September 10, 2019
Community Care for Health Professionals Essay Example | Topics and Well Written Essays - 1000 words
Community Care for Health Professionals - Essay Example Social service providers are required by the Carers (Equal Opportunities) Act 2004, to educate carers about the right to an assessment. Under the Carers (Recognition and Services) Act 1995, Rena can seek an assessment programme to determine whether she can provide or continue to provide care for her husband. Local authorities can make assessments on the basis of legislation that addresses the issues such as Part III NAA, s.2 of the Chronically Sick and Disabled Persons Act 1970 or Schedule 8 of the National Health Services Act 2006. While making such assessments, the needs of the carers must be considered (Great Britain, National Health Services Act 2006 ). The Children Act 1989 provides voluntary and preventative measures that help to maintain the integrity of families. S.17 imposes a general duty on the local authorities that requires them to promote the welfare of children in need. They must ensure that the families of these children take adequate care of them (Great Britain, Chil dren Act 1989). Moreover, this duty also applies to the provision of service plans for children. Section 18 of the Children Act 1989 imposes a duty of care on local authorities with regard to preschool and other children. As such, local authorities are duty bound to extend these services to children in the age group of five years or less than five years, within their operational jurisdiction. They are also under a duty to take care of children who have not joined or who do not attend schools (Great Britain, CA 1989 ). Schedule 2(8) and (9) specify the services to be provided to children in need. These include advice, guidance, counseling, and help at home. S.17(10) provides the definition of a child in need (Great Britain, CA 1989). In the case of Chloe and Lily, their parents are in hospital under the care of their grandmother. The latter had found it difficult to take care of these children who were very young. In addition to this, her husband was ill. This is the situation of the ir family, and obviously, the children can be deemed to be children in need.
Monday, September 9, 2019
Mini proposal JUST (SAMPLING& METHOD OF DATA COLLECTION) Essay
Mini proposal JUST (SAMPLING& METHOD OF DATA COLLECTION) - Essay Example The selected sample will be subdivided into three different groups which will be used in conducting the research. A combination of various sampling techniques will be utilised in seeking to ensure the researchers get the most representative and balanced sample. This will be critical in ensuring that the findings of the research can be generalised to other groups of individuals. The sampling methods will include the ones discussed below. This approach is commonly utilised in seeking to ensure inclusion of individuals with specific qualities that are being analysed by the researcher. The fundamental reason for utilising purposeful sampling in this research is to provide an in-depth understanding of the perceptions that teenagers have regarding their body image following involvement in sport and physical activity (Suri, 2011). Purposeful sampling techniques will be utilised in seeking to ensure that the researcher gets only the individuals who fit into the specified research sample. This will be based on the womenââ¬â¢s capability to participate in sport and other related physical activities. The research will involve different groups of samples in seeking to present the different elements that have been defined within the research. This will involve the establishment of a sample and then selecting a few individuals from the sample to become the research participants. The samples will be stratified according to the specification for the different groups of participants involved in the research. This will ensure that the small sample size becomes representative of a population upon which they can be generalised. The research seeks to collect qualitative data which will be utilised in establishing the perceptions of the teenage girls regarding their image after participating in sport and physical activities. The data collection process will involve conducting interviews with the selected population
Subscribe to:
Posts (Atom)