1.To create and maintain a satisfactory level of performance./
2.To contribute to the employee growth and development through training, self and management development programmes. Tata Power aims at employee development through performance appraisal./
3.To help the superiors to have a proper understanding about their subordinates./
4.To guide the job changes with the help to continuous ranking./
5.To facilitate fair and equitable compensation based on performance./
6.To facilitate for testing and validating selection tests, interview techniques through comparing their scores with performance appraisal ranks./
7.To prove information for making decisions regarding lay off, retrenchment etc as in the case of Hyundai Engineering.
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