Performance Management

Performance Management is a continuous process of identifying, measuring, and developing individual and team performance aligned with organizational goals. In banks, it links employee output to strategic objectives like credit growth, NPA reduction, and customer satisfaction.

Employees are ranked against each other in order of performance.

Performance appraisal systematically evaluates an employee's job-related strengths and weaknesses to guide reward, promotion, training, and career decisions. It also serves as a feedback mechanism to improve individual and organizational effectiveness.

A scale rating employees on traits like quality, attendance, and initiative.