Performance Appraisal Practices and Their Impacts on Employee Performance: A Study of Banking and Financial Institutions in Nepal

Abstract

This study brings into understanding the impact of performance appraisal practices on employee performance. The study considers employee performance as dependent variable which is based on independent variable performance appraisal practices, which includes performance identification, performance measurement and performance management. Based on the primary data collected through the questionnaire survey method, the case found significant, positive relationship between employee performance and performance appraisal practices on the basis of Performance Measurement and Performance Management. The study also revealed that the Performance Identification does not have significant relationship with employee performance in the banking and financial institutions of Nepal.