Premium Essay

Hrm Practices in Marcantile Bank Ltd

In: Business and Management

Submitted By fahim6801
Words 2464
Pages 10

“Design A Smart Appraisal System for Modern Organization”

Submitted to:
Khan Sarfaraj Ali
Associate Management Counselor
Bangladesh Institute of Management (BIM)

Submitted by:
Md. Mamun Hossain
Personnel Management
Evening Batch
Roll: 15
Bangladesh Institute of Management (BIM)

Date of Submission:
August 02, 2009

Table of contents

SL No Topic Page No.
01 Introductory Discussion 1
02 Methods of performance Appraisal
03 Traditional Methods of Performance Appraisal
04 Modern Methods of Performance Appraisal
05 Performance Appraisal Review Form
06 Conclusion
07 Bibliography

Executive Summary

Performance Means the degree or extent with which an employee applies his skill, knowledge, and effort to a job, assigned to him and the result of that application

Functions of Performance Appraisal includes to identify and define the specific job criteria, to measure and compare the performance in terms of the definite job criteria . KSAs are set to measure job performance in quantitative or qualitative terms. To develop and justify a reward system, relating rewards to employee performance. To identify the strengths and weakness of employees and to decide on proper placement and promotion. To develop suitable training and developments programs for enriching performance of the employees.

Methods of Performance Appraisal are traditional methods and modern approach of Performance Appraisal. Management by objectives is a comprehensive management approach, which is adopted for performance appraisal and so also for organizational development.

In MBO system its primary focus is on developing objective criteria for evaluating performance of the individual.

Identification of common goal is...

Similar Documents

Premium Essay

Hrm Practices in Marcantile Bank Ltd

...1.0 Introduction 1.0 Background of the report As the student of Bachelor of Business Administration (BBA) every student has to conduct a practical orientation (Internship) on any organization for fulfilling the requirements of the B.B.A program. In order to fulfill this requirement of the Internship program I choose Mercantile Bank Limited (MBL). The main purpose of the program is to know the real world situation. The topic of my report is “General banking &credit on Mercantile Bank Limited”. In this regard I have opportunity to make my internship in Mercantile Bank Limited from July 22 to October22, 2009. The Mercantile Bank Limited is a scheduled private commercial bank established on May 20, 1999 under Bank Company Act, 1991 and incorporated as a public limited company under companies act, 1994. The bank started commercial banking operation from June 02, 1999. During this short span of time, the bank has been successful to position itself as a progressive and dynamic financial institution in the country. Involvement of the banking sector in different financial events is increasing day by day. At the same time the banking process is becoming faster, easier and the banking arena is becoming wider. As the demand for better service increases, the banking organizations are coming with innovative ideas. In order to survive in the competitive field of the banking sector, all banking organizations are looking for better service opportunities to provide to their clients.......

Words: 17435 - Pages: 70

Premium Essay

Hrm of Dhaka Bank Limited

...Hrm Practices in Dhaka Bank Limited In: Business and Management Hrm Practices in Dhaka Bank Limited TABLE OF CONTENTS Executive Summary Prefatory Origin of Bank Definition of Bank History of Banking in Bangladesh History of Private Banks in Bangladesh Current Structure of Banks in Bangladesh Introduction Origin of the Report Objectives Scope Rationale of the study Methodology Limitations Literature Review Organization Overview DBL Background Nature of Business Shariah Council of the bank Vision Mission Core Values Objective of EXIM Bank as a shariah basedIslamic Bank Strategic objectives of DBL Customer charter _____________________________________26 _____________________________________26 _____________________________________27 _____________________________________05 _____________________________________07 _____________________________________08 _____________________________________08 _____________________________________09 _____________________________________11 _____________________________________13 _____________________________________17 _____________________________________18 _____________________________________19 _____________________________________19 _____________________________________20 _____________________________________20 _____________________________________21 _____________________________________21 _____________________________________23 _____________________________________24 _____________________________________25......

Words: 377 - Pages: 2