Study of Impact of Performance Appraisal Systems Towards Employee Performance and Organizational Effectiveness of ‘Rural Banking Sector’ in Uva Province
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Date
2010
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Uva Wellassa University of Sri Lanka
Abstract
As there is a significant importance of the rural banking sector to the SriLankan economy, this research was conducted with the objectives to understand the existing performance appraisal systems and to identify the impact of performance appraisal systems towards employees performance and the organizational effectiveness whereas to analyze the relative contribution of performance appraisal systems towards employees performance and organizational effectiveness in rural banks in Uva province. Accordingly questionnaire and direct interviewing method were employed to collect the primary data from 120 employees of the rural banking in the Uva Province. Further internal reports of the employee reward systems and publications of selected banks were used as secondary data collection method. The findings showed that there is positive impact between the performance appraisal systems and the employee performance as well as with the employee performance and the organizational effectiveness. The rural banking sector mostly follows the confidential report methods while ignoring other highly acceptable appraisal methods.
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Entrepreneurship And Management Degree Programme