Abstract
The organization can gain competitive benefits by retaining loyal, productive and
qualified HR. This study examines the role and association of performance
appraisal with employee retention and organizational commitment in banking
sector of Pakistan. The population of the study consists of 8 major banks of
Pakistan, including private, public, foreign and Islamic banks. Data was collected
with the help of a mixed-method approach through interviews and questionnaires.
Purposive and stratified random samplings were used for interviews and
questionnaires respectively. The finding of the study indicates that the
performance appraisal has significant association and role in increasing employee
retention and organizational commitment. The result of the study is helpful for the
managers of the banking sector of Pakistan to focus and concentrate on those
characteristics of performance appraisal which has a significant effect on
employee commitment and retention at the time of designing and implementing the
system of performance appraisal. The employees’ gain confidence and trust due to
objective, formal, clear, understandable, transparent and multi assessed system of
performance appraisal.
Muhammad Aleem, Zulfiqar Ahmad Bowra. (2019) Role Of Performance Appraisal On Employee Retention And Organizational Commitment In Banking Sector Of Pakistan, Journal of the Punjab University Historical Society, Volume 32, Issue 1.
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