Performance Appraisal of IT Employees in Chennai City using Blockchain Technology

Abstract

Performance evaluation is an important aspect of professional development. Performance assessments are a necessary and valuable practise that provides employees with annual feedback on job efficiency and career advancement. The performance evaluation is intended to be a fair and impartial evaluation of an employee's performance. The primary goal of this research was to determine the effectiveness of the organization's performance evaluation system and the application of blockchain technology in evaluating performance. The study will examine the efficacy of the organization's performance evaluation system and help to improve it accordingly. Employee suggestions are also considered. The results reveal that the efficacy of performance evaluation in the organisation requires some innovation with the current method. The current approach used to measure employee performance has to be enhanced by incorporating blockchain technology into it.