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PERFORMANCE MANAGEMENT & APPRAISAL

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huzaifa nadeem

on 1 August 2015

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Transcript of PERFORMANCE MANAGEMENT & APPRAISAL

PERFORMANCE MANAGEMENT AND APPRAISAL
PRESENTERS
ARSA NADEEM (10767)
ANUM NADEEM (10766)
FARAH NAZ (8342)
HUZAIFA NADEEM (9193)
WAQAS AHMAD (9275)

Comparing Performance Management and Performance Appraisal
PERFORMANCE MANAGEMENT

The process employers use to make sure that employees are working toward organizational goals.

PERFORMANCE APPRAISAL
Performance appraisal is “the systematic description of an employee’s strengths and weaknesses.”

PRESENTED TO:
MS. AYESHA AMAAN

Who Performs the Appraisal?
Immediate Supervisor

Higher Management

Self-Appraisals

Peers (Co-Workers)

Evaluation Teams

Customers

“360° Appraisals”

ORGANIZATIONS
MEEZAN BANK LIMITED



NATIONAL BANK OF PAKISTAN
CORPORATE PROFILE
Pakistan’s first and largest Islamic Bank

Commenced operations in 2002, after being issued the first ever Islamic commercial banking license by the State Bank of Pakistan.

A publicly listed company sponsored by leading financial institutions from Pakistan and the Middle East

A retail banking network of 450 branches in 117 cities, making it the 8th largest banking network in Pakistan.

Meezan Bank is the only bank with AA credit rating in the Islamic banking industry in Pakistan.

HR OBJECTIVE OF MEEZAN BANK LIMITED
To be the Employer of First Choice; to attract, retain, reward and respect the human capital of the bank and transform this asset into a winning combination of mutually beneficial relationships among the key stakeholders.


AWARDS & RECOGNITIONS
OBJECTIVES SETTING
Objectives are intended to be precise descriptions of what is needed to be achieved in a given time period. They need to be SMART.


PERFORMANCE RATING

Five rating levels ranging from top performer to the non-performer.

PROCESS FLOW
Human Resource Department will forward the Appraisal Form and guidelines on the appraisal process to all Branches / Departments for the annual appraisal exercise.


APPRAISAL APPELLATE COMMITTEE
Mandate to facilitate MBL staff for resolution of grievances regarding their appraisal ratings, promotions, increments, and performance bonus allocations.

However, if one of the committee member does not agree then matter shall be brought by Head of HR or to the President & CEO for final decision.

Any decision by the committee or President & CEO will be final.


PERFORMANCE OF BRANCH / UNIT
Overall performance and audit rating

PROMOTION TO HIGHER GRADES

Requirements are received from operating units

Promotion recommendations with reference to the ‘Organogram’ of their unit



PROCEDURE OF PERFORMANCE APPRAISAL AT MEEZAN BANK LIMITED
CORPORATE INFORMATION
National Bank of Pakistan is the largest commercial bank operating in Pakistan

An extensive branch network of 1350+ branches in Pakistan and operates in major business center abroad

The Bank's joint ventures are, United National Bank (UK), First Investment Bank and NAFA, an Asset Management Company (a joint venture with NIB Bank & Fullerton Fund Management of Singapore).

AWARDS & RECOGNITIONS
NBP PERFORMANCE MANAGEMENT SYSTEM
NBP is using SAP-HCD system for employees evaluation when Performance based Appraisal system was launched by HRM in NBP

According to this system employees are assigned SMART job goals at the start of the year

Employee evaluation is done by Senior Managers


COMPARISON BETWEEN MEEZAN BANK AND NATIONAL BANK OF PAKISTAN APPRAISAL SYSTEM
CONCLUSION
ANY QUESTION?
Full transcript