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The organization can gain competitive benefits by retaining loyal, productive and qualified HR. This study examines the role and association of performance appraisal with employee retention and organizational commitment in banking sector of Pakistan. The population of the study consists of 8 major banks of Pakistan, including private, public, foreign and Islamic banks. Data was collected with the help of a mixed-method approach through interviews and questionnaires. Purposive and stratified random samplings were used for interviews and questionnaires respectively. The finding of the study indicates that the performance appraisal has significant association and role in increasing employee retention and organizational commitment. The result of the study is helpful for the managers of the banking sector of Pakistan to focus and concentrate on those characteristics of performance appraisal which has a significant effect on employee commitment and retention at the time of designing and implementing the system of performance appraisal. The employees’ gain confidence and trust due to objective, formal, clear, understandable, transparent and multi assessed system of performance appraisal.

Muhammad Aleem, Zulfiqar Ahmad Bowra. (2019) Role Of Performance Appraisal On Employee Retention And Organizational Commitment In Banking Sector Of Pakistan, Journal of the Punjab University Historical Society, Volume 32, Issue 1.
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