Paper Title
A Study of Performance Appraisal System at Thermo Power Company

Although many organizations want to develop its employees based on appraisal outcomes. It has been searched that, less than 40% of organizations have perfect performance appraisals system. It is well identified that no matter what the organization has resources, the work of the organization is planned and done by people with help of other resources. Therefore, an organization that does performance appraisal well gains a competitive advantage. There are four requirements for an effective performance appraisal system: relevance, sensitivity, reliability, and acceptability. In this research shown that rater and rate view for performance appraisal system. This paper focuses ratee and rater’s view about Performance planning session, their expectation and satisfaction towards appraisal system. Keywords - Performance appraisal, Rater, Ratee etc.