Impact of Performance Management System on Job Satisfaction of Faculty Members: A Study on Technical Education Institutes of Nagpur

Abstract

Performance management is one of the most important human resource (HR) development (HRD) practices and is crucial for every organization. To improve the performance of the employees, it is very necessary to evaluate their performance at regular intervals to understand where they stand, what is being expected from them and what they are actually contributing. The current study deals with the impact of performance management system (PMS) on job satisfaction of faculty members in technical education institutes of Nagpur. The five-item research instrument for job satisfaction was designed referring to ‘Job Description Index (JDI)’ developed by Smith (1969). The 25-item research instrument for PMS was designed, referring to the research instrument developed by Anupriya Singh (2013). Therefore, a 30-item research instrument was generated for the purpose of the study. Based on this, a questionnaire was designed and administered to 175 faculty members using non-probability convenience sampling method. Principal component analysis with varimax rotation was used to determine construct validity and Cronbach’s coefficient alpha to determine the scale’s internal consistency. Regression analysis was used to determine the relationship and impact of PMS on job satisfaction. The results of the study reveal that there is a positive and significant impact of PMS on the job satisfaction of faculty members. Employees with high-quality performance appraisal experiences were more likely to be satisfied with their job. The study divulges that the factors, such as, performance planning, feedback and counselling and procedural justice, are the factors of PMS which have a positive and significant impact on job satisfaction of faculty members.