Asian Journal of Research in Social Sciences and Humanities
  • Year: 2012
  • Volume: 2
  • Issue: 4

A Survey on employee performance management and its implication to their retention in OCL India Ltd

  • Author:
  • Sunil Kumar Pradhan, Suman Kalyan Chaudhury
  • Total Page Count: 14
  • Page Number: 249 to 262

PG Department of Business Administration, Berhampur Unviersity, Berhampur – 760007.

Online published on 9 April, 2012.

Abstract

This research paper aimed at examining the employee performance management and its implication to their retention in OCL India ltd1. As the required data is not available from the secondary sources, we made a small sample survey in the concerned industry to elicit the requisite information. The data collected from 170 employees of OCL India with questionnaires approach having 50 close ended semantic questions. As a part of the study, it is known that in OCL India Balance Scorecard2 is implemented as a performance evaluation3 tool. Using summary measures, percentage tables and various graphs we have assessed the importance of various independents factors that drive away the dependent factor (employee satisfaction). Conclusions and constructive policy recommendations have been put up for improvements in different aspects of HR policy of the concerned organization.

Keywords

Performance Management, Balance scored card, Performance appraisal