Summer Internship Project Report

A study on “Performance Appraisal” at Horizon Career Consultants

Pvt.Ltd.

Submitted in partial fulfillment of the requirement of the award of

the degree of

Bachelors of Business Administration

Batch (2017-2020)

To Maharshi Dayanand Saraswati University, Ajmer(305001)

Supervised By Submitted By

Dr. Inderpreet Chhabra Madhu Kumari

Aryabhatta International College of Technical Education, Ajmer

 DECLARATION

I,MADHU KUMARI, student of the final-year BBA programme at

Aryabhatta Group of college, Ajmer.

Hereby declare that the report on summer training and project

work entitled “ PERFORMANCE APPRAISAL” is the result of my

own work. I also acknowledge the works/publications cited in

the report.

Place: Ajmer (Signature)

Date: MADHU KUMARI

ACKNOWLEDGEMENT

Every successful work is not completed without the help and support
of the people around us. A success is shared by not an individual but
in fact by the people who constantly help him and guide him in his
work. Through this I want to express my gratitude towards all those
who have directly or indirectly contributted in my journey.

I am greatly thankful to Dr. Inderpreet chhabra the incharge Principal

of Management Deparment, who gave us the valuable opportunity
of involving outselves in such project assignments.

I am greatly thankful to my company guide Mrs Rati Mehra for his

kind support and help during these four weeks of my summer
training and in completion of my target. I wish to express my deep
sense of gratitiude towards Horizon Career Consultants Pvt.Ltd. for
their help and valuable guidance in conducting this summer intership
project from its conception to its completion.

I would also like to thanks our faculty for their ever inspiring
guidence about the summer training.
Horizon Career Consultants Pvt. Ltd.

Reg. Number: B-0804/RAJ/COM/1000+/5/9212/2016 - Ministry of

Overseas Indian Affairs - Govt of India.
9.1. Introduction

Horizon Career Consultants Pvt. Ltd. A fast expanding recruitment agency

established locally for the sole purpose of finding the right employee for the right
employer. We specialize in being the link between job seekers and employers, matching
the profile of the job seeker to the needs of the employer to provide for a perfect
integration to the company.

It has aspired towards providing excellent service with consistency and unfaltering
dedication, conscientiously sieving out from its database of talent the best candidates
for the job. Those who possess the qualities and criteria as desired and specified by the
agency’s clients are put through a series of tests and interviews that ultimately
determine the depth and relevance of their expertise. By this rigorous method of
screening, HCC is thus able to ensure that it brings about an ideal, effective, and
mutually beneficial partnership, a lucrative alliance that satisfies both employer and
employee.

As the very bridge that brings together both parties, HCC not only contributes to
alleviating the stress of manpower scarcity facing a great number of recruitment
companies today but, at the same time, it provides the jobless talents of society with
the opportunity to secure for themselves a stable, lifelong career. The firm possesses a
committed, reliable staff of knowledgeable advisors who are ever prepared to render their
services with a swiftness and efficacy that not many can match.

HCC has shown remarkable progress, as evidenced by its short but impressive
history, and has proven itself a worthy competitor to even the long-standing giants of
the business. The agency’s staggering growth is largely attributable to the thorough,
painstaking effort of its consultants to familiarize themselves with the nature and scope
of their clients’ jobs, which thus enables them to sift out and tailor the multitude of
talented jobseekers according to the preferences and requirements as specified by
their clients.
9.2. Our Objective

Healthcare is a unique sector for India. The sector is witnessing a 20 percent growth on a
year-on-year basis right from the primary health care level in rural and semi urban areas to
the corporate healthcare facilities in Tier I cities in the country. The critical success factor for
organizations in this sector being appropriately educated, trained and skilled resources. The
existing jobsites cater to mass markets and are plagued with the perennial problem of one
solution fit all. Rarely do they understand that job needs and aspirations of medical
professionals require a different approach, as both the skill set available and opportunities in
the sector are unlike traditional corporate sectors like IT, management and others. Keeping
in mind this specific purpose to understand the unique requirements of healthcare sector and
aspirations of medical professionals, we have started www.horizoncc.in; dedicated and
focused job portal. Our mission and endeavour will be to provide you with RELEVANT,
LATEST AND ABUNDANT openings exclusive and only to Healthcare sector across the
globe. Horizoncc.in: Exclusive opportunity portal for Healthcare Sector...We understand your
world.

This project is aimed at developing an online search Portal for the Placement Details for job
seekers. The system is an online application that can be accessed throughout the
organization and outside as well with proper login provided. This system can be used as an
Online Job Portal for job seekers. Job Seekers logging should be able to upload their
information in the form of a CV. Visitors/Company representatives logging in may also
access/search any information put up by Job aspirants.

9.3. Our Focus

Right from the early days of its inception in the year 2005 to today Horizon has been driven
by a core purpose - “to provide services of Healthcare Manpower and we drive real and long
term cost reductions, performance improvements and new millennium .Horizon focuses on
the building of world class business service that will standardize the performance of the
people and promote ethical values, work culture and substance in the organization. By
bringing physicians and employers together.
Horizon is a great place for healthcare employers to find qualified physicians and mid-levels.
With our extensive and growing physician database, employers can easily search thousands
of physicians within the exact specialty they need. And by offer multiple product options, we
are able to assist employers who are looking for just one physician to dozens. Choose from
our membership options which include unlimited job postings and unlimited access to our
physician database, with our advanced tools and job technology, you will never need
another job board again for your physician and mid-level needs!

9.4. Our Services

At HCC, we place the values and expectations of our clients before us, and the
satisfaction of our clients will always be our first priority. HCC specializes in the
following, all of which are its key services:

 Permanent Placement

 Executive Search

 International Placement

 HR Consultancy

 Internship Programs

 Campus Drive
 9.5. Best Services

Getting the right people for the right job is definitely not easy. How about leaving in the
hands of the experts at HCC. We are always seeking to learn more from the reviews of
our clients, and is constantly striving to move forward in a competitive environment.
After all, we cannot afford to stay stagnant in an environment where we seek to be first
in.

Permanent Placement

This is the backbone of HCC. We pride ourselves

in sourcing for experienced and capable professionals
and personnel in the line of Engineering, Administrative
Support Assistants, Accountancy, Secretarial,
Information Technology, Info Comm., Sales,
Marketing and Finance staff from a huge database of
job seekers.

Executive Search

Head hunting & executive search division. Our

services include searching for the right candidate
across various channels including our own job portal,
social media and our own internal network of executive
candidate profiles. We also help in introducing your
company, pitching the opportunity, screening of
candidates and coordinating their interviews for you.
We also provide you with an additional service of
conducting a preliminary round of telephonic interview.

International Placement

HCC have extensive experience in utilizing our

expertise as well as professional recruitment principles
to find best possible placement solutions for our clients.
Here, other than having deep understanding of
international manpower recruitment services, we also
hold expertise in providing comprehensive HR services
as well as recruitment solution support for maximizing
clients' manpower potential. We are in Position to
 support Indian Client for internationally in the supply of
Indian Manpower.

Internship Programs

Internship can be a great way for university students

and graduates to get valuable work experience in the
area they are interested in. Internships can be classed
as a 1 week to 12 month experience in an organization,
which can be paid or unpaid depending on
Industry/Sector, and encompass the full range of
professions, from Digital Marketing to Accountancy to
IT.

Campus Drive

We are a professional placement services organization based in Ajmer. We are prominent

Recruitment consultants offering out of the box Campus recruitment solutions to the
Institutes and colleges in India. With a vision to explore and harness the talents of young
leaders across India, we have come up with a concept of Campus recruitment and
promotion of institutions and colleges looking to place their fresh candidates. We provide
campus placement services for both the companies and the colleges who want to organize
campus placement drives for hiring the candidates.

9.6. Contact Us

Want to know more? Get in touch today!

A prospective client, based in the India or abroad, we’d love to hear from you! To
express interest for help filling a new position in your organization, please don’t hesitate
to get in touch with our friendly experts - email the relevant team direct, or give us a call;

Call: +91 9772776567 / 9799496567

Visit: www.horizoncc.in

Email: malanaresh@horizoncc.in

We invite you to discover what makes Horizon Career Consultants Pvt. Ltd. One of the
leading staffing agency in the nation. Contact us today to learn how we can help you
manage your staffing needs.

Thanks & Regards

Mala Naresh (CMD)

CAREERS CAREER ADVICE

Performance Appraisal

What Is a Performance Appraisal?

A performance appraisal is a regular review of an employee's job performance

and overall contribution to a company. Also known as an "annual review,"
"performance review or evaluation," or "employee appraisal," a performance
appraisal evaluates an employee’s skills, achievements and growth, or lack
thereof. Companies use performance appraisals to give employees big-picture
feedback on their work and to justify pay increases and bonuses, as well
as termination decisions. They can be conducted at any given time but tend to be
annual, semi-annual or quarterly

Because companies have a limited pool of funds from which to award raises
and bonuses, performance appraisals help determine how to allocate those
funds. They provide a way for companies to determine which employees have
contributed the most to the company’s growth so companies can reward their
top-performing employees accordingly.

Performance appraisals also help employees and their managers create a plan for
employee development through additional training and increased responsibilities,
as well as to identify shortcomings the employee could work to resolve.

Ideally, the performance appraisal is not the only time during the year that
managers and employees communicate about the employee’s contributions.
More frequent conversations help keep everyone on the same page,
develop stronger relationships between employees and managers, and make
annual reviews less stressful.

Performance Appraisal Types

Most performance appraisals are top-down, meaning supervisors evaluate their
staff with no input from the subject. But there are other types:

Self assessment: Individuals rate their job performance and behavior.

Peer assessment: An individual's work group rates his performance.

360-degree feedback assessment: Includes input from an individual,

her supervisor and her peers.

Negotiated appraisal: A newer trend, utilizes a mediator and attempts to

moderate the adversarial nature of performance evaluations by allowing the
subject to present first. Also focuses on what the individual is doing right before
any criticism is given. This structure tends to be useful during conflicts between
subordinates and supervisors.

Performance Appraisal Criticism

An issue with performance appraisals is that differentiating individual and

organizational performance can be difficult. And if the evaluation's construction
doesn't reflect the culture of a company or organization, it can be detrimental.
Employees report general dissatisfaction with their performance appraisal
processes. Other potential issues include:

Distrust of the appraisal can lead to issues between subordinates and supervisors
or a situation in which employees merely tailor their input to please their
employer.

Performance appraisals can lead to the adoption of unreasonable goals that

demoralize workers or incentivize them to engage in unethical practices.

Some labor experts believe that use of performance appraisals has led to lower
use of merit- and performance-based compensation.

Performance appraisals may lead to unfair evaluations in which employees are

judged not by their accomplishments but by their likeability. They can also lead to
managers giving underperforming staff a good evaluation to avoid souring their
relationship.

Unreliable raters can introduce a number of biases that skew appraisal results
toward preferred characteristics or ones that reflect the rater's preferences.

Performance appraisals that work well in one culture or job function may not be
useful in another.

Related Terms

Performance Appraisal

A performance appraisal is a regular review of an employee's job performance

and overall contribution to a company.

more

Performance Management: Understanding a Key Corporate Tool

Performance management is a corporate management tool that helps managers

to monitor and evaluate employees' work.

more

Macro Manager

A macro manager is a boss or supervisor who lets employees do their jobs with
minimal supervision.

more

Brokerage Supervisor

Brokerage supervisor is someone who manages brokers at a stock brokerage firm,

real estate agency, insurance company, or other firm that uses brokers.

more

The Ins and Outs of Bonuses

A bonus is any financial compensation, reward, or return over and above what
was expected by the recipient.

more

Qualitative Analysis

Qualitative analysis uses subjective judgment based on non-quantifiable

information, such as management expertise, industry cycles and labor relations.

more

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