Dear Mahalakshmi,
Please do consider my suggestions:
- You must have been given a structure for project submission with directions from your college. Let that be your starting point.
- Prepare a write-up with the Performance Appraisal generally followed in the private banks. Draw the complete process map. Identify what actions, escalations, and resolutions are taken. Who does it and where are the rules implemented?
- Contact the HR in ING Vysya Bank and seek an interview.
- Please go completely prepared about what you need to know.
- Share the write-up and ask direct questions about where their process is different. They may not read a lengthy Word document, so prepare a presentation of what you have already worked on and ask where they differ in practice, noting the points of differentiation.
- Identify why it is different, assess the time duration, and provide an overview of the cost for the process.
- Identify the annual cycles and factors that affect the process such as the financial sector's volatility, stringent targets for the sales employees in financial products, etc.
- Identify the internal factors within the company such as low profitability yet expansion plans for the bank.
You may read the attached documents to refer to while preparing your initial write-up. You may request the members in this community who are in the banking sector to validate your work and blog your queries.
- [Performance management guide book and compensation grid](https://www.citehr.com/105764-annual-salary-increments.html#post414537)
- [How does performance appraisal fit in?](https://www.citehr.com/106821-performance-relationship.html#post420328)
- [Performance Appraisal zip](https://www.citehr.com/114469-forms-performance-appraisal.html#post466448)
- Performance appraisal methods
You may visit the two repositories for further reference:
- [CiteHR Scholar's Group for Research and Assignment](http://citehr.com) (Search On Cite | Search On Google)
- [CiteHR New Member Group](http://citehr.com) (Search On Cite | Search On Google)
Regards,
(Cite Contribution)
mahaganga2601@gmail.com said: "Hi, I'm Mahalakshmi, doing my final MBA. I'm working on a project in ING VYSYA BANK focusing on performance appraisal. Please, can anyone help me with this topic?"
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I have corrected the spelling, grammar errors, and adjusted the paragraph formatting for better readability. Let me know if you need any more assistance.