Measuring the Impact of Performance Appraisal on Employees Efficiency in UBL Banks of District LarkanaA Case Study of UBL Banks Larkana
DOI:
https://doi.org/10.63075/chwgs361Keywords:
Performance Appraisal, Employees Performance, Performance Management System, Justice, Reward, Feedback, Unfairness, Efficiency And Turnover.Abstract
Performance Appraisal has a wide scope and subject to research in developed as well as developing economies. This study has proven to be highly valuable for the management of UBL banks to use the performance appraisal system as an effective tool to enhance the efficiency and effectiveness of the employees’ performance and reduce the turnover problem. This study is also helping to the researchers, students and management of other banks. In this study, the descriptive and exploratory methods have been used to know the existing appraisal system of UBL bank. Because the nature of the research is qualitative and quantitative therefore statistical tools have been applied to find out the association between the variables under study. For analysis of data and interpretation of the results the Statistical Software SPSS - 21 has been used.
There are 22 UBL branches in District Larkana having 110 employees of various categories working over, and 100 employees were selected for this study. Because the target population is small enough, therefore it is taken as one sample population. The Satisfaction level of the employees was positive as well as a result shown highly significant relationship with variables such as Justice positively significant at the P value .920, Reward P value .922, Feedback P value .919, Unfairness P value .921, Efficiency P value .929, Turnover P value .920. The above results are showing that the most of employees UBL banks have serious concern regarding the structure of performance appraisal system. So it is very important for the higher authorities of UBL bank, they must follow the 360 degree which is the most suitable for using as a performance management tool.