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Performance Appraisal HCL

HCL is a leading global technology company with annual revenues of $5.5 billion. It employs over 100,000 people and is considered a top employer in India. HCL uses an online performance management system called i4excel for bi-annual employee appraisals, which includes quarterly feedback and links key performance areas to organizational goals. It also conducts competency assessments, training identification, and monthly scorecards to evaluate employees and provide coaching.

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Bhanu Rathore
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5K views8 pages

Performance Appraisal HCL

HCL is a leading global technology company with annual revenues of $5.5 billion. It employs over 100,000 people and is considered a top employer in India. HCL uses an online performance management system called i4excel for bi-annual employee appraisals, which includes quarterly feedback and links key performance areas to organizational goals. It also conducts competency assessments, training identification, and monthly scorecards to evaluate employees and provide coaching.

Uploaded by

Bhanu Rathore
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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COMPANY OVERVIEW

HCL is a leading global Technology and IT Enterprise, annual revenues


of US$ 5.5 billion.

The HCL Enterprise comprises two companies listed in India, HCL


Technologies and HCL Infosystems.

HCL is amongst the Top 25 Best Employers in India (across industries)

in a survey conducted by Hewitt in partnership with Economic Times

(April 2007)

 HCL is the 4th Preferred Employer in the BPO Industry as per IDC-
Dataquest Survey 2006
PERFORMANCE MANAGEMENT SYSTEM

Bi-annual Appraisal Cycle for All Team Members

 On-line Appraisal System “i4excel”

 Quarterly feedback on projects and behavioral traits

 Key Result Areas linked to service agreements & our


organization’s goals
CONTINUED….

 Competency Based Assessment & Training Need Identification


conducted for all employees

 Monthly Agent Evaluation Score Card maintained for all Team


Members

 Coaching & Mentoring given to all employees categorized under


poor- performance
PERFORMANCE APPRAISAL PROCESS

CORPORATE HR
Designs appraisal system &
Guidelines

Trains Appraisers &


Reviewers
360 DEGREE APPRAISAL
Review presentations for all AMs and above at the time of
their appraisal through an interface with a Cross Functional
Panel.
CONCLUSION
Good employee centric policies

Process of performance appraisal is detailed and effective

But on the flip side………..

Rated as worst paymasters (as compared to other IT companies


like WIPRO, INFOSYS,TCS)

Lack of employee growth

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