Performance Appraisal System of National Bank limited

Abstract

The importance of Performance appraisal is always a forward planning process which is developmental and facilitative in nature as it involves the team leaders and the employees in a joint process of decision making for fixing smart targets. It aims at breeding performance orientation in employees for developing high performance organizations. The entire process involves identifications, evaluation and development of the work performance of the employees through effective management practices like continuous coaching, feedback and regular communications.