Review Article
Bheemanathini S, Srinivasan
Abstract
Purpose: In this extreme competition, various organizations uses the strategies to attract the employees andretaining the employees to have good workforce around. Human Resource department plays a very important role inthe organization to analyze the performance of the employees by newer methods such as Performance ManagementSystem (PMS). By this PMS, employee’s performance can be determined and organizational goals can also be achieved.Method: There are various methods of conducting Performance Management Appraisal System for the employees.This study explains the methods for PMS evaluation process based on various literature reviews. The company mustchoose the effective method for evaluation process to know the performance of the employees. Status of the employee’sperformance in the organization can be revealed.Findings: The study findings revealed that the most appropriate appraisal method for conducting the PerformanceManagement System for the employees in a company is 360 degree feedback method. The results achieved would beaccurate by this method.Research limitations/implications: This study focuses on the methods of performance management systemOriginality/value: This study provides a review on methods of performance management appraisal system forevaluating the work performance of the employees in organizations. The goals of organization can be achieved by usingdifferent appraisal methods.