Abstract:
The main focus of the study has been to inform the readers about the Performance Management Systems, analyze the development of these procedures, study how these procedures help to ensure that only the best candidates are recruited, selected, trained, appraised and compensated and finally the implementation of such concepts in Pakistan organizations.
The Human Resources Management (HRM) function includes a variety of activities, and key among them is deciding what staffing needs you have and whether to use independent contractors or hire employees to fill these needs, recruiting and training the best employees, ensuring they are high performers, dealing with performance issues, and ensuring that personnel and management practices conform to various regulations. Activities also include managing the organizations approach to employee benefits and compensation, employee records and personnel policies.
Based on the understanding of these areas of Human Resource Management, Performance Management System analysis of Mari Gas Company Limited has been undertaken to determine the ongoing policies for its practical implementation in Pakistani organizations.
The study has been done from the broader perspective of the recruitment to appraisal areas of HRM. The scope of the study has been extended to examine the HR practices with appraisal techniques in particular at a Pakistani Organization. The main purpose of the study is to see how much harmony is there in the written rules and ongoing practices in the companies. In order to conduct the study many related articles, case studies and interviews have been reviewed and (added) conducted to have full relevance of the analysis.