Awareness and Perceived Significance of Performance Appraisal in Indian Pharmaceutical Industry

Abstract

This study aimed to understand the performance appraisal practices in Indian pharmaceutical industry. The study examined the awareness and perceived significance of performance appraisal practice in relations to demographics. Structured questionnaire was administered on a sample of 250 employees of 5 pharmaceutical companies in India. Simple random sampling was used for the selection of the sample. Descriptive Statistics (mean and standard deviation), correlation, tabulation and one way ANOVA were used for the analysis of data. The study found that there is a significant difference in the awareness and perceived significance of performance appraisal of employees in pharmaceutical industry with respect to their demographic variables.