ASSESMENT OF EMPLOYEES PERCEPTION ON THE PROBLEMS AND PRACTICES OF EMPLOYEES PERFORMANCE EVALUATION: THE CASE OF WEGAGEN BANK

Abstract

This study is about the assessment of the perception of employees on the problems and practices of performance evaluation in Wegagen Bank. It has the objective to assess the perception of employee towards the problems and practices of performance evaluation. It is a survey research and the target population of the study was professional employees of the company. A sample size of 226 out of 520 employees was taken using Yemanes formula and also on the basis of data collected through questionnaires the researcher tried to unearth some of the real problems of appraisals in that particular organization.. The data collected were analyzed using SPSS software and presented with descriptive statistics like frequencies and percentages. Based on the data obtained from the respondents, the study identified the lack clarity of performance evaluation criteria and the subjectivity involved in the evaluation process which resulted in role ambiguity and frustration among the employees as major findings. Moreover, the researcher also discovered that raters usually do not continually record or document the performance of employees over the evaluation period. In this regard, it was identified that raters evaluate the performance of employees on the basis of recent behaviors. So on the Bases of the findings of the study, I have forwarded some recommendations therefore if they are used by the bank will give them an insight as to the practice and its associated problems of performance appraisal in the organization.