DOI: https://doi.org/10.36344/ccijhss.2024.v10i08.001

Pages: 148-163

Mining plays a vital role in Indian industry. In the 1990s it accounted for around 3% of GDP, but now it is around 2%. The Indian state of Goa has a thriving mining industry as it has a billion tonnes of iron ore reserves. It exports around 30 million tonnes of iron ore per year. Mineral-based industries include the steel industry and heavy machinery industry. These industries also use minerals and metals as raw materials. Performance appraisal systems have become an important tool for companies to evaluate and maximize employee performance. The purpose of this study is to examine the effectiveness of performance appraisal systems. Performance appraisal has become increasingly part of a more strategic approach to integrating HR activities with company policies and is now regarded as a general term covering a range of activities through which companies attempt to evaluate their employees and develop their capabilities to improve performance and reward.