Performance Appraisal has drawn an unparalleled and unprecedented attention of researchers over more than last three decades. Selection of an appropriate and suitable performance appraisal technique has all the times been a point of concern for most of academicians as well as managers. The idea to do this study is to find the most effective and appropriate performance appraisal method from manual/traditional and computer based appraisal technique. Numerous Secondary data sources were explored and reviewed from different sources. The results showed that the employees consider online based performance appraisal system to be more beneficial and accurate. Moreover, the study revealed that employee job satisfaction and retention can also be enhanced by applying the right kind of appraisal method from the two above mentioned techniques. Moreover software based performance appraisal system supports management and employee participation, and brings greater consistency and accuracy thus ensuring equity within the organization among its employees. By abandoning ineffective, paper-based processes, the company can ensure tighter links between employee and organizational goals thus producing stronger performance evaluations that integrate more closely with compensation, employment planning, retention, and more.

Performance Appraisal has drawn an unparalleled and unprecedented attention of researchers over more than last three decades. Selection of an appropriate and suitable performance appraisal technique has all the times been a point of concern for most of academicians as well as managers. The idea to...