How many percentage improve in performance appraisal using artificial intelligence in IT sector of India according to previous studies
How many percentage improve in performance appraisal using artificial intelligence in IT sector of India according to previous studies
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
Related questions
Question
How many percentage improve in performance appraisal using artificial intelligence in IT sector of India according to previous studies
Expert Solution
Step 1: Importance of performance appraisals in the IT sector.
Performance appraisal is one of the vital functions of the HRM. The employees of the firm need to be retained for a longer duration of time in order to reduce the turnover costs. Of the many employee retention methods, performance appraisal is the most relevant. However, it is observed that employees tend to quit the firm after they receive their performance appraisals. It might be because they are not satisfied by the decision of the HRM regarding the same. The management of the firms find it challenging to attain the organizational goals due to a lack of skilled employees.
Step by step
Solved in 3 steps
Recommended textbooks for you
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON