Appraising the Performance of Personnel: A Case Study of a Public Insurance Company in India Mehdi Pourkiaei Seyed*, Sadat Vatankhah Ardestani Sarah** *Iranian National, Ph.D Scholar, Economics and Co-Operation Department, Mysore University, Mysore, Karnataka, India **Iranian National, Ph.D Scholar, Public Administration Department, Panjab University, Chandigarh, India Online published on 6 August, 2014. Abstract Competitive advantage of an organization be generated by the human resources thus, performance of the organization is largely influenced by a set of effective HRM practices. Infact, increasing business competition has forced organizations to develop and refine their human resource management practices, and has thus raised awareness of the importance of individual performance to an organization's success1. Performance appraisal is one of the most important human resource management practices these days. The performance appraisal is the process of evaluating the performance of employees, making them aware of their performance and looking for ways to improve their performance. The success of an organization will therefore depend on its ability to measure accurately the performance of its members and use it objectively to optimize them as a vital resource. Every organization is using various methods for appraising the performance of the employees, so that the real potential of the human asset can be known and utilized in proper way and the weaknesses can be converted into strengths. The objective of this paper is to study the existing system of performance appraisal and the perceptions of the employees regarding the practices of performance appraisal in New India Assurance Company Limited (NIACL). An effort has been made to provide suitable suggestions for making the system more effective in the Company. Top Keywords Human Resource, Business Competition, Individual Performance, Performance Appraisal. Top |