Asst. Professor, Babu Banarasi Das University, Faizabad Road, Lucknow, Uttar Pradesh, India
The objective of this research paper is to evaluate the performance appraisal system method in IT industries and its effect on employee morale and motivation. Evaluation systems in any organization develop a motivational and competitive environment. Thus while, evaluating the appraisal system, due consideration between the traditional & the latest 360° appraisal system in the current scenario was analyzed. Further, various studies have also elucidated that the multi-source feedback mechanism system enhances fairness, reliability, effectiveness and acceptance of the data. The study was conducted on primary data, through a survey instrument. We have used Cronbach's alpha test to check the statistical reliability of the questionnaire. The collected information has been statistically analyzed using SPSS. Regression analyses & ANOVA table were used to test the hypotheses of the study to analyze the perceptual variations. Finally, the paper deciphered that the 360° Performance Evaluation Method is a good mechanism to boost Employees Morale and their motivation is always a better mechanism and optimized way of evaluating an employee.
Morale, Motivation, Satisfaction, 360-degree Feedback