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Abstract
Performance management practices include various approaches to significantly assess the organizational performance and productivity. It includes critical analysis and evaluation of employees skills and knowledge to increase output at workplace which establishes culture of proper evaluation of individual performance i.e. directly linked with attainment of individual as well as organizational goal. With the changing dimensions of business operations performance of employees is ensured through involvement of strategic approaches which enables them to understand the required standards of performance and evaluation criteria to assess productivity with merits and demerits of learning and improving better alternatives which ultimately enhances the overall performance of organization. This study helps in critical assessment of various performance management practices and its effect on employee productivity in textile firms of Bhilwara city. The performance management practices comprised of employee appraisal system, training and development, reward system and feedback which all are considered as independent variables and dependent variable is defined as employee productivity. The research paper incorporates primary data collected through a structured questionnaire from a sample size of 100 respondents who worked at various managerial levels in textile firms. A descriptive research design is used for the analysis of data with the help of mean, standard deviation and regression analysis to accomplish the research objective of assessing the effect of independent variables performance appraisal, training & development, reward system and feedback on employee productivity. Various hypothesis are framed to test the results and draw inferences for the population. The study focuses on implementation of various approaches that can enhance employee productivity and develop a workforce through proper training and evaluation with the help of review and feedback mechanism and ensure growth of individuals as well as organization and fulfilment of organizational goals. The result is analysed through regression which helps in adoption of sustainable HR practices forced to rethink on decisions pertaining to employee productivity
Highlights
Performance management involves various practices that ensures organizational success through achievement of firms goals in an efficient manner and continuous improvement of firms performance to attain the best outcome
The analysis shows that the high value of R square is attained which indicates that all the independent variables jointly have a significant impact on the dependent variable employee productivity by 64.7% which shows that model with respect to study variables
The findings indicates that employee productivity can be enhanced through various variables like performance appraisal which makes employee proactive to perform according o the expectations and review of performance through continuous evaluation received by the feedback mechanism helps employees to focus on their performance and engage in achievement of organizational goals
Summary
Performance management involves various practices that ensures organizational success through achievement of firms goals in an efficient manner and continuous improvement of firms performance to attain the best outcome. Employee productivity can be viewed as efficiency of a worker to perform according to the expectations and achieve the firms goals through utilisation of proper skills and knowledge. Performance management practices involves training and developing employees, performance evaluation and appraisal mechanism to provide a proper review and feedback system that can increase the skills and capabilities of firms employee to improve performance and maintain the high level of productivity. The strategic objective of HR department is to encourage a balanced development of practices that promotes high work performance and ensure achievement of a good environment for better chance to develop grow and promotion of high productivity which leads to organizational sustainability
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