Impact Of Performance Appraisal And Work Motivation On The Performance Of Employees, With Special Reference To The Private Banking Sector In Hisar

Abstract

It is general knowledge that the workers of a company are among the most valuable assets that the firm possesses. It is not sufficient for a company to merely have people who are competent in today's ruthless business climate; rather, the company has to have individuals who are competent in every aspect possible. As a consequence, he has received instruction and inspiration after successfully completing the process of personnel selection. In order to fulfill this need, it is required to regularly evaluate the performance of each and every member of the team. This kind of investigation and evaluation is typically referred to using the catchall phrase "performance appraisal." A company's performance may be improved using a variety of systematic evaluation procedures, which can be helpful. Creating a detailed understanding of an employee's worth is ultimately what it comes down to in the end. To measure the effectiveness of one's workforce, it is essential for a company of any size to own this instrument. An investigation of the influence that performance reviews have on the work output of employees in private banks located in the Hisar region was the subject of a research study. This was done with the goal of gaining a deeper understanding of the topic. The ICICI and Axis private sector banks were chosen to be the primary focus of this study's sample of one hundred individuals. In order to conduct the statistical analysis, the researcher employed a method known as linear regression.