Recruiting Strategy And Performance Appraisal Of ITC COMPANY Presentation

Introduction
ITC Company's recruiting strategy and performance appraisal approach. Importance of effective recruitment and performance appraisal in achieving organizational goals. Outline of the presentation.	Image Source
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Recruiting Strategy
ITC Company focuses on both internal and external recruitment methods to attract top talent. Internal recruitment includes promoting current employees to higher roles based on performance and potential. External recruitment involves attracting candidates through job postings, career fairs, and online platforms.	Image Source
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Internal Recruitment
ITC Company believes in nurturing and retaining talent from within the organization. Internal job postings are regularly communicated to employees, encouraging them to apply for higher positions. This strategy boosts employee morale, engagement, and loyalty.	Image Source
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External Recruitment
ITC Company uses various channels to attract external candidates. Job postings on the company website, job boards, and social media platforms increase visibility. Active participation in career fairs and campus recruitment helps in targeting fresh talent.	Image Source
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Performance Appraisal
ITC Company follows a comprehensive performance appraisal system to evaluate employee performance. Regular feedback sessions are conducted between managers and employees to discuss goals, achievements, and areas of improvement. Performance appraisal forms the basis for identifying training and development needs.	Image Source
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360-Degree Feedback
ITC Company incorporates a 360-degree feedback system for performance appraisal. Employees receive feedback from multiple sources, including superiors, peers, and subordinates. This holistic approach provides a well-rounded assessment of an employee's performance.	Image Source
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Key Performance Indicators (KPIs)
ITC Company establishes clear KPIs for each role to measure employee performance objectively. KPIs are aligned with the company's strategic goals and individual job responsibilities. Regular review of KPIs helps in tracking progress and identifying areas for improvement.	Image Source
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Performance Rating System
ITC Company uses a rating system to evaluate employee performance. Ratings are based on predefined criteria, such as meeting/ exceeding goals, collaboration, and innovation. This system ensures fairness and consistency in performance evaluation.	Image Source
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Performance Improvement Plans (PIPs)
In cases where employees do not meet performance expectations, ITC Company provides support through Performance Improvement Plans (PIPs). PIPs outline specific actions, goals, and timelines to help employees improve their performance. Regular monitoring and feedback are provided during the PIP period.	Image Source
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Conclusion
Effective recruiting strategy and performance appraisal contribute to ITC Company's success. Continuous improvement and alignment with organizational goals are essential. Thank you for your attention. Any questions?	Image Source
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