Académique Documents
Professionnel Documents
Culture Documents
On
Performance Appraisal
In
National Fertilizer Nangal
Submitted To:
Submitted By:
Mr Shubhamkar Mitra
Karamjit Singh
(HRD Manager)
MBA (HR)
INDEX
Contents: Preface
Acknowledgement
Declaration
Executive summary
Introduction of Company
Introduction of Project
Objectives of study
Scope of study
Limitation of study
Research methodology
Conceptual framework
Findings
Recommendation and conclusion
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PREFACE
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ACKNOWLEDGEMENT
Sometimes words fall short to show gratitude, the same happened with me during this
project. The immense help and support received from National Fertilizer Nangal Limited
overwhelmed me during the project.
I am extremely grateful to the entire team of National Fertilizer Nangal and also Mr.
Shubhamkar Mitra HRD Manager of National Fertilizer Nangal who have shared their
expertise and knowledge with me and without whom the completion of this project would
have been virtually impossible.
This present study is the result of continuous support and guidance of the eminent faculty
member of my institute. I am internally and intellectually indebted to my guide Mr.
Ashutosh Verma (faculty Management dept.) who helped me to draw out the pearls from
the ocean of thoughts over the subject and always encouraged me to enhance my
knowledge by providing me the guidance about the selective material which I should
read.
At the end I also thank my senior and colleague for their helping behavior without whom
it would be difficult to complete this work successfully. I would give special thanks to my
parents for their proper guidance and moral support.
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DECLARATION
I hereby Declare the project work entitled "Performance Appraisal" to the National
Fertilizer Nangal. It is a record of original work completed by me, all the information in
the project is the result of my hard work and it has not published anywhere earlier.
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Introduction of NFL
Company profile
National Fertilizers Limited (NFL)was registered on 23rd August 1974 with an
authorized capital of 500 corer. NFL set up two fertilizers plan in Bathinda (Pb)and
Panipat (Haryana), NFL has Fertilizers sector over the years.
Company has expended into multi unit company with four manufacturing units with
various technology . Three of these units are strategically located in the consumption are
as of Punjab and Haryana and the company has an installed capacity of 35.49 lack MT of
Nitrogenous fertilizers.
The plants at Nangal Bhatinda and Panipat are based on partial oxidatiary of fuel oil,
/high, petroleum stock and Matching Urea capacity of 1550 per day at Bhatinda and
Panipat are 1450 MT per day Urea at Nangal while the rust being covert to industrial
products as per demand .
The NFL is the second largest producer of urea in the country with a total share of 15.5%
and largest urea producer amongst public sector urea producing company
NFL has an authorized capital of Rs.1000 crore and a paid up capital of Rs.490.58 crore
out of which government of India held 89.71% share and 10.29% shares are held by
financial institutions.
NFL is engaged in producing and marketing neem coated other allied urea bio-fertilizers
(solid and liquid) and industrial products like Ammonia Nitric Acid, Ammonium Nitrate ,
Sodium Nitrate.
The company is equally sensitive and committed towards corporate social responsibility.
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INTRODUCTION OF PROJECT
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OBJECTIVE OF STUDY:
3- To identify the strength and weakness inside the employee in National Fertilizer
Nangal.
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SCOPE OF STUDY:
The strength of any organization is its people if people are attended to properly by
recognizing their talents, developing their capabilities and utilizing them appropriately,
organizing are likely to be dynamic and grow fast. Ultimately the variety of tasks in any
organization has to be accomplished by the people. Some of them may have capabilities
to do certain task better than other tasks, and some of them may not have capability to do
the task assigned to them. In any case of the important process goals of dynamic
organization is to assure that its people are capable of doing the variety of tasks
associated with their role/ position.
My interest is totally in H.R. and the above study would brighten my career in H.R.
By this study I got an experience about how the organization works, attitude of people
working there also it got a chance to differentiate between practical and theoretical work.
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RESEARCH METHODOLOGY:
Secondary Data:
The secondary data were collected from the internet, Ashwathapa H.R book & the
manual published by the company.
Method of analysis:
Graph
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personnel, and judgmental evaluation. Judgmental evaluations are the most commonly
used with a large variety of evaluation methods. A performance appraisal is typically
conducted annually. The interview could function as providing feedback to employees,
counseling and developing employees, and conveying and discussing compensation, job
status, or disciplinary decisions. Performance appraisal is often included in performance
management systems. Performance management systems are employed to manage and
align" all of an organization's resources in order to achieve highest possible performance.
How performance is managed in an organization determines to a large extent the success
or failure of the organization. Therefore, improving performance appraisal for everyone
should be among the highest priorities of contemporary organizations.
Some applications of performance appraisal are performance improvement, promotions,
termination, test validation, and more. While there are many potential benefits of
performance appraisal, there are also some potential drawbacks. For example,
performance appraisal can help facilitate management-employee communication;
however, performance appraisal may result in legal issues if not executed appropriately as
many employees tend to be unsatisfied with the performance appraisal process.
Performance appraisal is created in and determined as useful in the United States are not
necessarily able to be transferable cross-culturally.
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distinction between performance and appraising is not made. Assessment concerns itself
only with the past and the present. The staff is being appraised when they are encouraged
to look ahead to improve effectiveness, utilize strengths, redress weaknesses and examine
how potentials and aspirations should match up. It should also be understood that pushing
a previously prepared report across and desk cursorily inviting comments, and expecting
it to be neatly signed by the employee is not appraisal - this is merely a form filling
exercise which achieves little in terms of giving staff any positive guidance and
motivation.
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Traditional Method
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Modern Method
MBO
The concept of Management by Objectives (MBO) was first given by Peter Drucker in
1954. It can be defined as a process whereby the employees and the superiors come
together to identify common goals, the employees set their goals to be achieved, the
standards to be taken as the criteria for measurement of their performance and
contribution and deciding the course of action to be followed.
The essence of MBO is participative goal setting, choosing course of actions and decision
making. An important part of the MBO is the measurement and the comparison of the
employees actual performance with the standards set. Ideally, when employees
themselves have been involved with the goal setting and the choosing the course of action
to be followed by them, they are more likely to fulfill their responsibilities.
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MBO process
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ASSESSMENT CENTRES:
An assessment center typically involves the use of methods like social/informal events,
tests and exercises, assignments being given to a group of employees to assess their
competencies to take higher responsibilities in the future. Generally, employees are given
an assignment similar to the job they would be expected to perform if promoted. The
trained evaluators observe and evaluate employees as they perform the assigned jobs and
are evaluated on job related characteristics.
The major competencies that are judged in assessment centers are interpersonal skills,
intellectual capability, planning and organizing capabilities, motivation, career orientation
etc. assessment centers are also an effective way to determine the training and
development needs of the targeted employees.
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LIMITATION OF STUDY:
While making the project in National Fertilizer Nangal. The main limitation that I
faced was the secrecy adopted by the company in providing the information.
Time was the limitation while carrying the project. I had to complete the project
in 30 days thus the project could have been better if more time was provided to me.
The respondents were too busy to provide me proper time that was required by
me.
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FINDINGS
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RECOMMENDATION
The company should appraise the performance of the workers by giving them
some incentives, which motivate them to work to their fullest capacity and to
motivate them to work more and show good and better results.
For the top management of the company it should offer them holiday package,
appraise performance by recognizing there work in meetings etc. This will help to
raise their moral and they can work better. They dont want financial help as they
earn enough to maintain their status.
For the lower group the company can increase their wages, give them pension
schemes, provide them the medical facilities etc. because they want financial help
from the company to insure their proper living.
The criteria decided upon which the performance has to be rated should not be
fixed it should be changed from time to time.
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CONCLUSION
This study was a learning experience where I came to know at experience the real world
exercise of HR Department. It has helped me to get the feel of organization.
So after my full study I have to reached to a conclusion that needs to spread the
awareness about the topic among the employees.
It was my experience in a working set-up in the field of performance appraisal. Things
are much different from what we read in books.
I wish for the bright future of the company with lot of thanks for everything that I gained
in Reliance.
According to the analysis conclusion may be summarized as follows:
80% of the employees working in Reliance are satisfied from their job.
Customers are not fully satisfied.
Lack of proper supervision is there in Reliance.
In Reliance initiative is provide to employees, through which employees feel
himself as a part of Reliance and not just an employee.
Work culture is satisfactory in Reliance.
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