Opinion of the employees of Chemical Industries of Thane district, Maharashtra about performance appraisal systems

The study was conducted in the chemical industries located in Thane district, Maharashtra in 2019-20. Twenty employees each were randomly selected from four departments of the industries viz procurement, manufacturing, marketing and sales, making a sample size of 80 employees. Data were collected through survey and data gathering. It was found that 75.00, 57.50, 60.00 and 60.00 per cent employees agreed or strongly agreed that 360-degree methods functioned fairly/equitably, was able to gauge real performance and was transparent and satisfactory respectively. Therefore, the employees had a positive opinion about the method. However, majority of the employees viz 27.50, 37.50, 30.00 and 30.00 per cent under management by objectives method and 32.50, 27.50, 27.50 and 30.00 per cent under forced distribution method, neither agreed nor disagreed that the methods functioned fairly/ equitably, were able to gauge real performance and were transparent and satisfactory respectively. Therefore, the employees were uncertain about latter two methods.