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In 1940 The Pepsi Cola company made history when the first advertising jingle was broadcast nationally on the radio. The jingle was "Nickel Nickel" an advertisement for Pepsi Cola that referred to price of Pepsi & the quantity. "Nickel Nickel" became hit record and was recorded into 55 languages In 1964 Diet Pepsi was introduced as America's first national diet soft drink. Pepsi-Cola acquires Mountain Dew from the Tip Corporation.
In 1984 "the choice of a New Generation." Lemon Lime Slice In 2001 Pepsi launched Aquafina In 2006 Pepsi launched a new flavoured Pepsi drink named PEPSI CAFTINO with Coffee flavour.
Research objectives
1. To critically study the HR Policies and Performance Appraisal system existing at Varun Beverages Ltd. 2. To study the various types of Performance Appraisal methods. 3. To study the Performance Appraisal method being used at Varun Beverages Ltd. 4. To establish a direct relationship between work performance and Performance Appraisal system.
RESEARCH METHODOLOGY
Research Methodology is a way to systematically solve the research problem involving a study of various steps that are adopted by the researcher in studying his/her research problem.
Data Presentation
There are two methods for collecting the data. They are:
Primary data Secondary data
Data Interpretation
Primary Data
There are several methods of collecting Primary data. These are given below.
RESPONSE
NO. OF RESPONDENT
PECENTAGE
YES
Yes No TOTAL
24 16 40
NO
Inference It is thus cleared from the above analysis that about 40 % doesn t know the performance appraisal system at PepsiCo India Holding Pvt.Ltd
Questions
Q2) Are you satisfied with the existing P.A. Method followed in the Company? Highly Moderate Not at all
RESPONSE
NO. OF RESPONDENT
PERCENTAGE
11 19 10 40
It is thus cleared from the above analysis that about are 28 % strongly satisfied, 47% are moderately satisfies and 25% are unsatisfied. Inference
Q3) Are you satisfied with the increment in your Salary? Yes No
RESPONSE
NO.
OF PERCENTAGE
RESPONDENT
Yes No Total
07 33 40
YES NO
Inference
From 40 respondents, 33 unsatisfied from their increment in salary and only 7 are satisfied. This shows a improper increment in salary or low satisfaction level among employee regarding their salary increemant `
Q4) Did Varun Beverages Ltd. provides any Research at beginning of your joining? Yes No
RESPONSE
NO.
OF PERCENTAGE
RESPONDENT
YES
Yes No Total
29 11 40
NO
Inference
Among 40 respondents, 29 said that they got Research after joining the organization while rest 11 responds to NO. This shows that Research Program is also not undertaken with much care or there may be some malfunctioning.
Q5) After filling PA Forms, are the results discussed between the Seniors subordinates? Yes No
RESPONSE
NO. RESPONDENT
OF PERCENTAGE
Yes No Total
28 12 40
YES NO
Inference
About 70% of the employees feel that there are biases in the Performance Appraisal System.
SUGGESTION
After analysis of the data collected and compiled we can say that, PepsiCo India Holding Pvt. Ltd. is doing well but a major area for the concern is that the employees feel themselves are not being involved in the decision making activity. This may bring down the moral of the employees. Thus, the company should feel freer to work and accomplish the maximum results.
THANKU