An Analysis of Performance Appraisal Systems and Career Development Programs in Manufacturing Sector

Human Resource Development (HRD) has assumed significance in recent past for all types of businesses. Managements today believe in using HRD mechanisms such as performance appraisal, career counselling and team building for incorporating changes in organizations. HRD interventions aim at changing the behavior of employees, improvement in skills and competencies, and enhancing performance. Further, these facilitate individual and team development as well as contribute to performance and work process improvement. The present study attempts to identify the dominant factors affecting performance appraisal systems and career development programs in manufacturing sector of Punjab and study the relationships among them. Data collected from five dominant industries of Punjab is analyzed using factor analysis and multiple correlation analysis. The results of the study will assist HR managers in effective implementation of HRD interventions with modern managerial philosophy