Performance Appraisal And Bonus At Butterfly Gandhimathi Appliances Pvt Ltd.

Abstract

A regular appraisal program can have a deep impact on levels of employee satisfaction and motivation. The index of industrial production [IIP] quick estimates data for October 2011 shows a growth of 11.3% in the manufacturing sector as compare to October 2010. 50% of respondents are between 10-30 years old and 6.67% of respondents are above 50. 76.66% of respondents are male and 23.34% of respondents are female. They have a formal organisation in order of appraisal of bonus. There is no much issue in allocation of bonus.