“Analysis of the Employee Performance Appraisal System” At FSIBPLC

Abstract

This report assesses First Security Islami Bank Limited's (FSIBL) employee performance appraisal system. Financial Services and Investment Bank Limited (FSIBPLC) was established on October25, 1999, as a successor to the Bank of Credit and Commerce International (BCCI). Being one of Bangladesh's top banks, FSIBL wants to be the nation's go-to financial provider. A strong emphasis on all important stakeholders, including shareholders, clients, and employees, is necessary to realize this ambition. The success of well-formulated plans, logical organizational structures, sophisticated marketing programs, and advanced computer systems hinges on their effective implementation by people. Employees are the crucial resource thatacts as the catalyst for utilizing other resources and enabling the organization to achieve its goals. On 12th October 2023, First Security Islami Bank Limited was renamed First Security Islamic Public Limited Bank." Human resource practices at FSIBPLC include HR Planning, HR Resourcing, New Hire Orientation Programs, Training and Development, Career Planning and Development, Performance Management, Benefits and Compensation, Reward Management, Employee Communications, and Discipline and Grievance Handling.