A STUDY ON EFFECTIVENESS OF PERFORMANCE APPRAISAL SYSTEM AT RK METALS, TRICHY

Effective HR procedures are essential to maintaining organizational growth in the cutthroat corporate world of today, and performance review systems are at the heart of these procedures. This study examines how well Jos Alukkas, a well-known jewelry shop chain in India, uses its performance rating system. The purpose of the study is to ascertain how employees see the assessment system’s fairness, openness, and developmental influence. 100 employees from various divisions provided information using standardized questionnaires. The results show that even though most employees think the assessment system is inspiring and helpful for their professional growth, issues with consistency, criterion clarity, and feedback channels still exist. The study also identifies areas that require development, including improving communication, increasing the frequency of appraisals, and coordinating input with results that can be put into practice. The study ends with suggestions for strengthening the appraisal procedure and making it more employee-focused in order to match individual performance with corporate goals.