Performance Appraisal System at ACME

In the so highly competitive and rapidly changing environment to survive the companies need well trained and skilled worker. India is a very rich country in the term of resources, weather natural or technical and scientific. But it is very sad to state that India, till now, has not perfectly learn how to develop its man power and tap its human resources for the betterment of its citizenry and business goal. This is project report for management students and gives you detail study about performance appraisal at Acme Tele Power Ltd. Pantnagar.


The topic decided on Effectiveness appraisal has been focused for the improvement with the group in terms of good quality in addition to amount. Your extent with the analyze within pointed out factors represents the identical.

1. To increase the productivity by increasing the level of performance.
2. The program would help the organization in meeting it future personal need.
3. The program will help the employee in their personal group by improving their knowledge as well as skill.

Performance appraisal is a process of evaluating employee performance for the purpose of placements, selections for promotions, career planning, financial rewards, motivation etc, and performance appraisal seeks to achieve following objective.

Recommended Project: Presentation on Performance Appraisal System

● To assess the performance, personal attributes and potential of the employee.
● Performance based rewards in terms of promotion, increments etc.
● To identify training needs.
● To assess strengths, areas of improvements and give feedback to the employee.

The employee’s performance is appraised by the department & sectional head in consultation with his immediate supervisor on personal attributes, job performed targets achieved/ specific achievement. Finally the appraisal is reviewed & approved by the review committee to ensure uniformity& objective.

The actual value determination system calls for productive simply because the performance will depend on realistic do it yourself review & positive approach for the nourish returning. Use this report only for your reference and study work.

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