Question

Differentiate the performance management sysytem followed in private and public sector organisation

Answer 1

Organizations nowadays have become more conscious for their employee‟s performance and productivity to ensure their survival in today‟s competitive scenario. Thus performance management has attracted the considerable attention of many as it is expected that in the near future its importance will still grow to be an integral part of HR policies with other processes like pay linked with performance, career management and talent management etc. There is a need for increased insight about performance management systems and the effect of its implementation in public and private sector organizations. Public and private sector enterprises differ from each other in terms of their structure and operations. The present study aims at comparing the difference between performance management practices of public and private sector manufacturing organizations. Data has been collected from 50 employees each from public and private sector units, hence, total 100 respondents have been taken as a sample of study. A well designed questionnaire having closed ended questions was used as a tool for data collection. Analysis of Variance (ANOVA) has been used for testing hypothesis to find out whether the difference between performance management systems in public and private sectors is significant or not. The findings of the study revealed that there exists a significant difference between the performance management practices of public and private sector manufacturing organizations.