Employees feedback on existing performance appraisal system of Rangs Group

Abstract

As a part of the Internship Program of Masters of Business Administration program at BRAC University, I have been assigned for doing an internship project at RANGS Group under corporate HR. In Rangs Group, I have been assigned for completing day to day HR activities such as manpower planning, leave encashment, mobile bill analysis, CV screening, assistance in interview and so on. I am grateful to get such an opportunity to make my internship report on “Employees Feedback on Existing Performance Appraisal System”. I have randomly selected 35 employees among huge number of employees and my concerned SUBs were Rang Group (Corporate Division), Rangs Autos Limited, Rangs Automobile Limited, Rangs Industries Limited and Rangs Workshop Limited. My attempt is to understand the employees’ satisfaction level regarding ongoing system of performance appraisal. I have made some statements against what they had to put a tick sign on whether they are strongly agree, somewhat agree and strongly disagree to assess their feeling. Performance appraisal is very important to manage the talents in the organization so that they feel that they are being cared and they have the career growth opportunities. In this competitive market, as candidates are not getting good job on the other hand organizations are also not getting potential candidates. After giving the training to the potential employees if organization fails to motivate them or does not assess properly to the performance of employees then they will switch the organization what will ultimately organization lost its productivity. Also their training cost and time value will get waste. So through proper performance appraisal employers need to attract the employees’ attention toward work and motivate them to retain with the organization for longer period.