A Comparative Study of Performance Appraisal System of Public and Private Sector Banks in India

Abstract

Performance appraisal system is an important tool of evaluating physical and mental health of each employee. It informs to the management that the employee is engaged in their assigned task or facing any problem during their office hours. There are many tools and techniques of assessing the performance of the employees at workplace but, selection of proper method is also a big problem of them. The proper evaluation system may inform the management about the factors affecting performance of the employees. In this paper, analyses and compares the performance appraisal system of the employees working in the private and public sector banks in India.