Research On Improvement Of Performance Appraisal In Huaining Rural Commercial Bank

Human resource is the most important resource of a company,the effective or ineffective management directly determines the realization of the enterprise's strategic goal.With the rise of Alipay and Wechat payment platforms,banks have to improve their core competitiveness in the face of increasingly brutal market,and it is a common means for many banks to improve their management efficiency by strengthening performance appraisal.However,most of the bank's performance appraisal system is not perfect,the main problem is that too little rigidity index leads to too much subjective factors,the assessment content and specific work do not match.Such performance appraisal system can not restrain and motivate employees,therefore,the study of the shortcomings of the Bank performance appraisal system,reference to domestic and foreign advanced management experience,the establishment of a scientific,systematic and efficient performance appraisal system is the only way to sustainable development.Based on the multiple methods of literature research and questionnaire survey,this paper takes Anhui Huaining Rural Commercial Bank as the research object,first collects the data of the past performance appraisal of the Bank,and carries on the questionnaire survey.Thus,it can analyze and diagnose the present situation and problems of performance appraisal,which provides a clear focus for optimizing its performance appraisal system.On this basis,using the Balanced Scorecard(BSC)method to determine the Key Performance Indicators(KPI)system framework of Anhui Huaining Rural Commercial Bank,and redesign employee's KPI weightFinally,a suitable performance appraisal system is put in place to ensure that the new performance appraisal system can run reasonably and effectively.This paper is a combination of performance management and evaluation theory and banking practice,through research and analysis of the current status of staff performance appraisal,grasp the contradictions in the assessment process,using advanced theoretical tools(BSC,KPI and 360 Performance System)to optimize performance appraisal system and implementation plan.The theory,tools and methods used in this research are not only beneficial to the operation and strategic development of Anhui Huaining Rural Commercial Bank,but also can provide some reference for the optimization of other banks ' performance evaluation.