Published Paper Details:

In the rapidly evolving corporate landscape of Mysuru, managing human capital through effective performance management and appraisal systems (PMAS) has become a strategic imperative for organizational success. This comprehensive study explores the design, implementation, and perception of PMAS within corporate entities, emphasizing their role in aligning individual performance with organizational goals, fostering continuous improvement, and enhancing employee motivation. The article highlights how modern performance management transcends traditional appraisal methods, incorporating ongoing goal setting, regular feedback, coaching, and data-driven decision-making enabled by digital transformation and HR analytics. The global shift precipitated by the COVID-19 pandemic, which brought remote and hybrid working models to the forefront, has fundamentally changed appraisal dynamics, focusing on output-based evaluation and augmenting the importance of trust, communication, and flexibility. The literature review underscores challenges such as bias, employee engagement, and the need for cultural and contextual adaptation to optimize PMAS effectiveness. Based on survey data from 40 corporate employees, the study reveals that while formal appraisal systems and perceived fairness are prevalent, gaps remain in communicating appraisal objectives clearly, delivering effective feedback, linking appraisals transparently to career progression, and leveraging rewards to motivate staff. The findings advocate for organizations to enhance clarity, feedback quality, and transparency to transform appraisal systems into vital tools for talent development and organizational excellence. The article concludes that successful PMAS necessitate employee involvement, managerial commitment, and continuous adaptation to technological and contextual changes. By fostering alignment, accountability, and motivation, organizations can unlock the full potential of their workforce, ensuring sustained competitive advantage in an increasingly complex global economy. This abstract synthesizes the article's comprehensive research, key themes, and tangible recommendations, offering a precise reflection of the work with a focus on its applicability in contemporary corporate environments. If further specific excerpts or elaborations are desired, please indicate.