Abstract

             The study aims to study and analyze Performance Management components and their usage in Wipro. The study entailed detailed examination of the methods to measure and enhance performance management system against its objectives. Exploratory research followed by descriptive research has been used in the study. Non-probability convenience sampling has been used in the study. The sample size is 40. Primary data has been collected using two structured questionnaires. Depth interview method was used by which answers to the questionnaire were sought. The performance management system is an integral part of an organization to measure, motivate, and improve the performance of the entire organization. It also helps to focus on the goals of the organization towards specific pre-determined objectives for an organizational culture. The companies must identify and develop unique retention strategies to retain the employees. An established formal communication networking with an informal focus would give the organizations an additional competitive advantage.

Keywords: critical incidence, paired comparison, retention, self appraisal, succession planning.