Description:

This well-received book, now in its third Edition, continues to offer a comprehensive coverage of latest concepts and practices of performance appraisal and compensation management in a clear and easy-to-read style. Written by a practising manager, who has worked at the apex level of Schedule-A organisation, the book is intended as a text for the students of management and commerce. Besides, it also serves as a useful tool for managers, executives and HR practitioners who are confronted with many performance management issues in their work scenarios, especially in view of the roleplay and case studies introduced by an author who is a renowned HR professional in India and abroad.

NEW TO THE EDITION

• e-appraisal in practice

• Managing Boss for objective appraisal

• Managing change in Work-From-Home scenario

• Mentoring and coaching as tools for enhancing performance; the first time in literature.

TARGET AUDIENCE

• MBA (HRM)

• MA – HRM

• Management Professionals

RECOMMENDATIONS AND REVIEWS BY EXPERTS IN INDIA

“Dewakar’s book is a timely addition to the growing literature on Performance Management. I have enjoyed reading his book and recommended it to all.” —Prof. (DR.) VINAYSHIL GAUTAM Founder-Director, IIM (K), and Professor, Dept. of Management Studies, IIT Delhi

“There have been sea changes in practice of performance Appraisal. Prof. Dr. Dewakar Goel has added very important and useful topics in this 3rd edition of the book such as Mentoring and coaching as tools – E-Appraisal and post-pandemic Appraisal in WFH scenario, Boss management for objective Appraisal. These are unique concepts introduced by Dr. Goel. I am confident that like previous editions this value added book will be liked by not only management students but also by practising managers in public and private sectors.” —Academic Rishi Prof. (DR.) SUBHASH SHARMA, Chief Mentor, Indus Business Academy, Bangalore, Alumni IIM Ahmedabad, University of Southern California Los Angeles, CA, USA

“Dr. Dewakar Goel is a reputed professional with over 30 years of experience in HR and IR fields. He has done his PhD and was a visiting faculty with some reputed business schools.

Thus, he has an ideal combination of industry experience, theoretical background and teaching experience which gives him an advantage in writing a book on performance appraisal. This book reflects his years of industry experience coupled with the rich theoretical knowledge. The readers shall benefit by the author’s practical experience that has made this book “hands-on” and practical. It would serve the needs of both–the students of HR as well as the practising managers.” —Prof. (DR.) PRAFULLA AGNIHOTRI Director, IIM Sirmaur, Himachal Pradesh

“Dr. Goel, PhD, is a scholar in HR and related domains. He perfectly blends his industry experience with academics. His book on ‘Performance Appraisal and Compensation Management’ truly reflects his vast experience in this domain and is a perfect blend of practice with theory. This book will be very relevant to academics and practitioners.” —Prof. (DR.) SHAILESH GANDHI, Ex. Dean (Programs), IIM Ahmedabad

“Performance Appraisal and Compensation Management is an insightful book which deals with essential strategies and techniques for mentoring, coaching, managing and motivating employees. While it does provide an overview of the tangible processes to be followed by the CEO and the HR, it also pauses to consider the non-tangible factors which can help build a more cohesive team within an organization. The book is extremely relevant in the changing business environment, where companies are expected to reinvigorate their culture and keep the employees appeased. Some of the strengths of the book are examples, visuals, bullet points, questions, and the presentation of international practices. Written in a lucid and smooth manner, the book has appeal for CEO’s, HR practitioners and students.” —Prof. (DR.) ASHA KAUL, Professor, IIM, Ahmedabad

The four new chapters introduced in the Third Edition of the book ‘‘Performance Appraisal and Compensation Management’’ by Dewakar Goel are contemporary and highlight the emerging aspects of performance in organizations. Mentoring and managing hybrid work contexts are new developments in the field.

The book provides rich perspectives for practising managers. The thoroughly revised Third Edition of the book introduces chapters on:

• E-Appraisal in practice

• Reinventing Appraisal post-pandemic WFH

• Mentoring and coaching as tools for enhancing performance

• Boss management for objective Appraisal—Prof. (DR.) VASANTHI SRINIVASAN, Professor, IIM, Bangalore

“Performance Appraisal and Compensation Management by Dr. Dewakar Goel is an insightful and comprehensive guide to understanding the complex world of performance appraisal and compensation management.

The book begins by discussing the importance of performance appraisal and how it can be used to improve employee performance and ultimately, organizational success. It goes on to provide a detailed overview of different types of performance appraisal methods and their respective advantages and disadvantages.

Dr. Goel’s approach to compensation management is equally thorough, providing a step-by-step guide to designing and implementing effective compensation plans that align with the organization’s goals and objectives. The book also covers key topics such as job analysis, job evaluation, pay structures, and benefits management.

One of the most impressive aspects of this book is the author’s ability to make complex concepts accessible and easy to understand. The language is clear and concise, and each chapter is well-organized with helpful summaries and practical examples.

Overall, the book is an excellent resource for human resource professionals, managers, and anyone interested in improving organizational performance through effective performance appraisal and compensation management. It is a must-read text for anyone looking to develop a deeper understanding of these critical topics in modern HR management.” —Prof. (DR.) TANUSREE DUTTA, Associate Professor, IIM Ranchi

“The ‘book Performance Appraisal and Compensation Management’ is a noteworthy addition to the existing repertoire of works on the topics. The addition of chapters on current issues such as Work From Home and E-Appraisal makes the book useful for present-day students and academicians. I wish the author and his work success.” —Prof. (DR.) BISHAKHA MAJUMDAR (Fellow, IIM Indore), Assistant Professor, IIM Visakhapatnam

“It’s a matter of pride to see Third Edition of this famous book by my great friend Dr. Dewakar Goel who has decades of experience in dealing with Human Resource at apex level of Airport Authority of India.

I have seen success of the first two editions and now its timely revision by inclusion of much needed topics of E-Appraisal, Change management post-pandemic WFH scenario and most interesting boss management to have objective appraisal.

Prof. Dewakar Goel is teaching management at prestigious Institutes in India and abroad since last three decades and his experience in the form of case studies is reflected in this book.

I am confident that this valuable edition by PHI Learning will be received well by not only students but also by HR professionals.” —Prof. (DR.) ARVIND KUMAR, Dean, ABVSME, Jawaharlal Nehru University, New Delhi

“I appreciate the Author of Performance Appraisal and Compensation Management, Dr. Dewakar Goel to release the Text of Two in One like Performance Appraisal and Compensation Management. This is one of the important areas of Human Resource Management. It plays a vital role for individual as well as organizational Development. Whereas, Dr. Dewakar Goel has taken a good initiative to a prepare a textbook for the benefit of Management Students, Research Scholars in Management, Academicians, Entrepreneurs, Leaders and Practising Managers in the Competitive Corporate world.

This Textbook Presents Clear cut Picture on Performance Appraisal and Compensation Management which is important to all levels of Managers, Management Aspirants, Entrepreneurs, Academicians and Leaders in the corporate world. Also, it is suitable for all Undergraduate and Post Graduate Students of Management. I Congratulate the Author for this valuable efforts and contribution. I believe that this Textbook will be immense useful to the readers.” —Prof. (DR.) A. CHANDRA MOHAN, Dean–School of Commerce and Business Management, Central University of Tamil Nadu, Thiruvarur

“Dr. Dewakar Goel’s book ‘Performance Appraisal and Compensation Management’, Third Edition is a valuable resource and guidance for youngsters and professionals in the domain of Human Resource Management. The book not only offers insights to individual practitioners but also helps HR leaders in the organizational development. This contributes in theory building and skill practices with its contemporary information and techniques.” —Prof. (DR.) JYOTI RANA, Dean, Faculty of Management Studies & Research, Shri. Vishwakarma Skill University, Palwal, Haryana

“In the present transformative times, it is surprising to see how the function of performance appraisal in HR has undergone a significant metamorphosis. From being an evaluative function to being a more developmental function, perfomance appraisal has evolved over time, with technology playing its own valuable and indispensable role. I am glad to see how Dr. Dewakar Goel has done justice in bringing all these new age aspects together in the Third Edition of ‘Performance Appraisal and Compensation Management’. Topics such as e-appraisal and mentoring and coaching have augmented the overall worth of this book. I am sure this book will benefit students, scholars, academicians, and practitioners in understanding the wide array of topics related to performance appraisal.”—Prof. (DR.) SANTOSHI SENGUPTA, Professor, School of Management, Graphic Era Hill University, Bhimtal Campus, Uttarakhand

“It is heartening to see the Third Edition of the book and I congratulate Dr. Dewakar Goel for addressing pertinent issues of performance appraisal and compensation management in each edition. All the Editions have been successful and contributed to a comprehensive understanding of the processes and their inter-linkages. In this Edition he brings the topics of e-appraisal, appraisal in work from home (WFH) scenarios, which are very relevant in contemporary times. Also, he brings mentoring and coaching in the ambit of performance management, with superiors playing active roles in the process. The book is comprehensive and easy to read and can be used in policy and process designing. Scholars and practitioners can equally gain from the book. I wish all the success to Dr. Goel and a wider circulation of the Third Edition.”—Prof. (DR.) DIVYA KIRTI GUPTA, Associate Professor, GITAM School of Business, Hyderabad

RECOMMENDATIONS AND REVIEWS BY FOREIGN EXPERTS

Professor Goel has done it again! He has taken the complicated world of Performance Appraisal and put it into a highly readable and informative volume. He backs up his theories with well researched data and examples that will make this book a must have for any manager’s library. —Prof. (DR.) MIKI LANE, Adjunct Professor, McGill University, Montreal, Canada, Former Director (EML), University of California, Los Angeles (UCLA), USA

Professor Dewakar Goel’s work on Performance appraisal is worthy of the highest acclaim. In 20 years as a Management Trainer, I have not seen a better reference that provides such a refreshing alternative perspective to the many Western centric volumes and assists readers to grasp the often elusive cultural aspects of modern day management with the region. —Prof. (DR.) TERENCE F. ALTON, Management and Training Consultant, ICAO, Bangkok

It is a great pleasure for me to see the Third Edition of Dr. Dewakar Goel’s book. He has not only covered pertinent issues of performance appraisal but also in all the Editions presented by him have been successful in inspiring the next generations and providing a comprehensive understanding of the processes and their inter-linkages. In this Edition he brings to the attention the topics of e-appraisal and appraisal in work from home scenarios, which are highly relevant in contemporary times. He has also brought the role of superiors in mentoring and coaching in the ambit of performance management. I wish all success to his book now in the Third Edition. Having had the honour to personally interact with Dr. Dewakar, I am sure, scholars, practitioners and even seniors will be inspired by this book and by his great personality.—Prof. (DR.) FEDERICO FORTE, Public Relations Manager ForteSecurGroup, Italy

Dr. Dewakar Goel’s book ‘Performance Appraisal and Compensation Management’ (Third Edition) provides valuable information in this little-understood area of human resource management. The book offers insight for human resources practitioners and front-line managers with contemporary tools to effectively evaluate and compensate employees towards achieving their organizational goals —Prof. (DR.) DAN WONG, Associate Professor and Aviation Program Leader, Prince Sultan University, Riyadh, Saudi Arabia

Performance management has moved from the single practice of performance appraisal to a much broader approach. It’s a matter of great accomplishment to see the Third Edition of this book by Dr. Dewaker Goel.

With his rich experience in industry and academics in leadership roles, Dr. Goel brings an amalgamation of academic literature and practical experience for understanding systems and practical issues related to Performance Appraisal. The revised edition with the inclusion of additional chapters on E-Appraisal, Mentoring and coaching as tools for enhancing performance and Boss management for objective appraisal makes it even more useful to meet changing employment conditions. This book is a great value addition and essential reading for all students of HRM, Occupational psychology, and for HR professionals looking to develop more effective performance appraisal systems. —Prof. (DR.) FARAH NAQVI, Head-Learning and Development at Nox. Management, Kuwait, Adjunct Professor-HRM/OB-American University of Kuwait (AUK)

Having a wide range of experience in this field, Dr. Goel has conveyed his knowledge very well in his book by blending theory with experience. There is no doubt that industrialists and academics will find this book a valuable reference source because of his considerable experience in this field.—Prof. (DR.) NIDHI MENON, Associate Professor, University of Technology, Bahrain

In the present society, inspirational and intellectual Authors with Ethics and Values are hardly found, but I have who stands TALL in the CROWD with Inherited abilities to spread the wisdom in the World. He is none other than Dr. Dewakar Goel. He has exhibited in his book Aura of Coaching and Mentoring. His vast experience of Writing books as an author has created an Influential impact in this book. Essentials of appraisals got a new address for everyone to refer. His unique style of expression is commendable. I am glad to be inspired by Dr. Dewakar Goel with his incredible Charisma. God bless Dr. Dewakar. Keep inspiring us. —Prof. (DR.) SHAMA HUSSAIN, Founder and Global CEO, International Institute of Influencers and International Life Skills Technologies Pvt. Limited, Muscat, Sultanate of Oman

Dr. Dewakar Goel’s book, “Performance Appraisal and Compensation Management: A Modern Approach” offers a comprehensive and insightful examination of the complex yet crucial process of evaluating employee performance within organizations. With a wealth of research, practical examples, and actionable strategies, Dr. Goel provides readers with a valuable resource for understanding and improving performance appraisal systems.

One of the book’s strengths lies in its balanced approach to the subject matter. Dr. Goel acknowledges the limitations and challenges associated with traditional performance appraisal methods and offers alternative frameworks that take into account the evolving nature of work and organizational dynamics. By addressing the shortcomings of traditional approaches, the book encourages readers to adopt a more holistic and progressive view of performance appraisal.

The author’s writing style is clear, concise, and accessible, making the book suitable for both professionals and students in the field of human resources and organizational management. Dr. Goel presents complex concepts and theories in a manner that is easy to grasp, ensuring that readers can readily apply the knowledge gained from the book to real-world scenarios.

Moreover, the book is highly practical, providing readers with a range of tools, techniques, and best practices for designing and implementing effective performance appraisal systems. Dr. Goel emphasizes the importance of aligning performance appraisal with organizational goals, fostering a culture of feedback and continuous improvement, and addressing biases and subjectivity in the evaluation process. These actionable insights make the book a valuable guide for HR practitioners seeking to enhance their organization’s performance management practices.

Overall, this book is a commendable contribution to the field of performance management. Dr. Dewakar Goel’s expertise and knowledge shine through, making this book a valuable resource for anyone involved in designing, implementing, or improving performance appraisal systems. By addressing the challenges of traditional approaches and providing practical alternatives, the book empowers readers to create appraisal systems that truly unlock the potential of their employees. —Prof. (DR.) ASHISH GADEKAR, Dean, International Consultant, Corporate Trainer and Professor, AMITY University, Mauritius