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- HRM practice of SQUARE
HRM practice of SQUARE
- By Hasan Mahmud
- Published 13 July 2007
- Report, Assignment, Case Study and Term Paper
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Square Textiles Limited - Performance Management
5.2.3 Performance Management
Performance appraisal is the process of assessing employee’s past performance, primarily for reward, promotion and staff development purposes.
‘Performance appraisal (is) a process that identifies, evaluates and develops employee performance to meet employee and organisational goals.
Performance Appraisal doesn’t necessarily use to blame or to provide a disciplinary action.Previous management theories used to view performance appraisal as a stick that management has introduced to beat people. Performance appraisals are now more clarified and they concentrate on developing organizational strengths and employee performance.
Purpose of Performance Appraisal in SQUARE
To review past performance
To assess training needs
To help develop individuals
To audit the skills within an organization
To set targets for future performance
To identify potential for promotion
To provide legal & formal justification for employment decision
To diagnose the hidden problems of an organization
Performance Appraisal Process
Who Appraises
• Supervisors
• Subordinates
• Peers
• Clients/customers
• Self appraisal
• 180/360 degree approach
Approaches to measuring performance in SQUARE textile
There are various kind of method for measuring performance appraisal. But we get information that SQUARE uses only three type of performance method. These are at below:
1. 360- degree feedback
2. Experience based.
We describe those at below:
1.360-degree feedback
One currently popular methods of performance appraisal is called 360-degree feedback. With this method managers peers, suppliers or colleagues are ask to complete questionnaire. The questionnaire are generally lengthy .
2. Experience based
SQUARE measure the performance of employee by experience. For example MR. X has been working in SQUARE for three years and MR. Y has been working in SQUARE for two years. So SQUARE favor MR. X for his more experience.