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Name IDJafar Md. Abu 14-97729-2Shohanuzzaman Md. 14-97734-2Mansura Kaniz 14-97735-2Maha Sharaban Tahura 15-98478-1Sharmin Nafiz 14-98019-3
COMPANY OVERVIEWSinger Company Limited born in 1811 in
USA.It was started its business by sewing
machine.Singer Company Limited started its business
in 1905.The main products of Singer Company
Limited are electronics products, like Sewing Machine, AC, Television, Motorbike, Fridge, etc.
Performance appraisal methods The company follow several steps in performance appraisal forms -PERFORMANCE OBJECTIVES & ACCOMPLISHMENTS: MUST
BE CLEAR & MEASURABLEDEVELOPMENT REQUIRESMENTSSPECIAL ASSIGNMENTSPERFORMANCE FACTORSOverall performance evaluation. The company is following four methods in their performance
appraisal forms. Those are – MBO Critical Incident Method Checklist method Graphic ratting method.
Critical Incident MethodThese critical incidents represents the
outstanding or poor behavior of the employee.
The manager periodical records critical incidents of employee's behavior.
Managers prepare lists of statement of every effective and in effective behavior of an employee
Advantage and disadvantage of Critical Incident Method
Advantage LimitationsHelps specify what is “right”
and “wrong” about the employee’s performance; forces supervisor to evaluate subordinates on an ongoing basis.
Difficult to rate or rank employees relative to one another.
negative incidents maybe more noticeable than positive incidents.
Checklist Method
A checklist is a predetermined list of criteria against which the recorder answers yes or no
Checklists are highly selective, only giving the recorder the opportunity to record decision concerning the criterion.
There are no details to check the recorder’s decision.
Advantages of Checklist method The checklist is time and labor efficient.The checklist is comprehensive (it may cover
many developmental areas)The checklist is a documentation of
development.
Disadvantages of Checklist method It is difficult to make actual ranking for
employees.Standards may be unclear.The checklist loses details of the event.The checklist may be biased by the recorder.The checklist may have many items to check
making it time consuming.Can cause disagreements among employees
and may be unfair if all employees are, in fact, excellent.
The graphic rating scaleThe graphic rating scale method is the simplest
and most popular method for appraising performance.
Graphic rating scales demonstrates a particular trait, behavior, or performance result.
Rating forms are composed of a number of scales, each relating to a certain job or performance-related dimension, such as job knowledge, responsibility, or quality of work.
Graphic rating scales may or may not define their scale points.
Advantage of Graphic Rating ScaleSimple to useEasy to communicableEasy to understandProvides a quantitative technique for each employeeStandards may be unclearHalo effect, central tendency, leniency, biasStandardization of content permitting comparison
of employees. Ease of development use and relatively low
development and usage cost. Reasonably high rater and rate acceptance.
Disadvantages of Graphic Rating Scale
Graphic rating scales also fail to provide a good mechanism for providing specific, non providing specific, non-threatening feedback threatening feedback.
Possible rating errors include halo effect, central tendency, severity, and leniency.
Recommendation The singer Bangladesh ltd using four method for
employee performance appraisal . If they follow four method all together it will be time consuming as well as costly so we suggest to follow only bars method that will be perfect cause it's takes less time and give accurate result.
Here is some advantage of BARSIt’s easy to use. It’s equitable. It’s fully individualized.It’s action-oriented.
CONT…It is more clear and standard.It provides immediate Feedback.It is independent dimensions.It judges employees’ performance
consistency and doesn’t make biasness.