Annual performance appraisal improves your Reimbursement and other allowance

outcome
10
14 12 12 8 8 8
12 8
10 6
8
6 4
4
4
2
2
0 0
Agree Partially agree Disagree Agree Partially agree Disagree

The graph illustrates that annual performance The graph illustrates that the employees are
appraisal in Allahabad bank is perceived as not entirely satisfied on dissatisfied, however a
satisfactory but could further be improved. higher sample could give a better perspective

All the reimbursement and allowance provided by the bank is enough

a ) Agree b) Partially c) disagree

Terminal benefits provided by the bank are satisfactory and more than enough for the employees

a ) Agree b) Partially c) disagree

The measurement of the performance potential of the employees is done by the bank for further
promotion process

a ) Agree b) Partially c) disagree

There is fair evaluation system to measure the performance of the employees of the bank

a ) Agree b) Partially c) disagree

The compensation, benefit and reward management is beneficial for the employees of the bank

a ) Agree b) Partially c) disagree

How many times you were promoted?

a) Never b) Once c) Twice d) Thrice d) More than thrice

What method of Promotional Policy do you support?

(a) Seniority

(b) Merit

(c) Merit cum seniority

(d) Written test with merit

(e)Any other (Please specify)

Does your organization follow performance appraisal system?

(a) Yes

(b) No

What according to you, the purpose of performance appraisal is

(a) Assessment of individual performance at job

(b) Assessment of training needs

(c) Potential for promotion

(d) Assessment of Individual weaknesses

(e) Tool in hand of management for controlling the employee's performance

What is your opinion about the financials return in your organization?

(a) Extremely remunerated

(b) Fairly remunerated

(c) Moderately remunerated

(d) Rather Low

(e) Extremely Low

Whether your pay is revised?

(a) Yes

(b) No

After how many years you want revision of your pay?

(a) 4 years (b) 6 years (c) 8 years (d) 10 years

What is your opinion about the welfare facilities?

(a) Highly commendable

(b) Fairly commendable

(c) Moderately commendable

(d) Inadequate

(e) Extremely poor

Which of the below mentioned would you prefer as a reward?

(a) Sponsored training and development

(b) Paid leave

(c) Long term benefit plan

(d) Incentives

(e) Spot Awards

Which of the below mentioned would you prefer as a reward?

(a) Monthly or yearly Bonus

(b) Life insurance & Family plans like education or marriage

(c) Flexible work time

(d) Employee of the month/year award

(e) Promotion

Which of the below mentioned would you prefer as a reward?

(a) Commissions

(b) ESOPs

(c) Holiday with Family

(d) Best performer Award

(e) Overseas assignments

Which of the below mentioned would you prefer as a reward?

(a) Spouse or Children Life insurance

(b) Leadership or Managerial training

(c) Promotion

(d) Incentives/Bonus

(e) Vacation