Performance appraisal system and employee outcome for sustainable development of shipping and logistic industry Online publication date: Tue, 02-Jul-2024
by Shweta; Shakti Prakash; Narendra Singh
World Review of Entrepreneurship, Management and Sustainable Development (WREMSD), Vol. 20, No. 4, 2024
Abstract: The purpose of this paper is to examine how Performance Appraisal System (PAS) and Employee Outcome (EO) are important for the sustainable development of the shipping and logistic industry. This purpose has been achieved by examining the influence of PAS on employees' productivity, motivation, and satisfaction level. To understand the robustness of this relationship, multiple regression, and Confirmatory Factor Analysis (CFA) has been performed by conducting a structured survey method. The findings of this paper revealed that the rewards and appreciation provided to the employees for their work performance has enhanced their motivation and confidence level to perform more challenging tasks at workplace. CFA also revealed that the PAS carries a significant impact on employee satisfaction, productivity, and motivation. The findings are useful for the practitioners to develop an action plan to achieve rationally set targets directly linked to the set goals.
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