Ph. D Scholar, Department of Public Administration, Panjab University, Chandigarh, India
Online published on 11 July, 2017.
Competitive advantage of an organization be generated by the human resources thus, performance of the organization is largely influenced by a set of effective HRM practices. Infact, increasing business competition has forced organizations to develop and refine their human resource management practices, and has thus raised awareness of the importance of individual performance to an organization's success1. Performance appraisal is one of the most important human resource management practices these days. It is necessary that the employee's performance should reach optimality for the success of an organization. Every organization is using various methods for appraising the performance of the employees, so that the real potential of the human asset can be known and utilized in proper way and the weaknesses can be converted into strengths. In this study, the researcher has assessed the performance appraisal technique used to appraise the employee's performance in the New India Assurance Company Limited.
