Ineffective appraisal system in production management team of S company MASTER

Abstract

Labor may be considered the most valuable resource in the S manufacturing company, with over 4000 employees. The intellectual and experienced human resources can increase advantages for companies in the currently competitive job market. However, the production department which has the most employees in S company has a high turnover rate in the management team. The production management team takes res ponsibility for supervising and administering the production department so the high turnover rate in t his team can create many challenges for the organization. Therefore, the purpose of this thesis is to examine problems and causes causing high turnover in the produc tion management team and give recommendations for S company to increase employee engagement According to the study's findings, the high turnover rate of the production management team at S Company can be attributed in the majority to an ineffec tive apprai sal system. The findings are discussed in detail with qualitative and quantitative research methods. Moreover, solutions for S company to improve the currently high turnover rate are also recommended and developed. After carefully considering th e benefits and costs of every solution, the incorporation of qualitative and quantitative metrics for each objective in the appraisal system is selected as the most suitable solution with a specific action plan for the company’s situation. This solution ca n eliminate existing problems and solve the main cause of the ineffective evaluation system so the hig h turnover rate of the production management team can be reduced. The increasing satisfaction of employees after assessments can help S company keep talen ted labor f or the long term development goals and enhance competitive advantages in the market.