Ilorin Journal of Human Resource Management (IJHRM) Vol.3, No.2, 2019 85 EFFECT OF PERFORMANCE APPRAISAL ON EMPLOYEES’ PERFORMANCE OF SELECTED DEPOSIT MONEY BANKS IN LOKOJA OCHIDI, Zekeri 1 ; SULEIMAN, Olusegun 2 ; OLUMOYEGUN, Peter Mayowa 3 ; YUSUFU, Ojochenemi Sunday 4 1,2,3&4 Department of Business Administration, Faculty of Management Sciences, Kogi State University, Anyigba 1 zackochidi@gmail.com; 2 olusegunsuleiman@gmail.com; 3 talk2olupete@yahoo.com; 4 sunnylivia42@gmail.com Abstract Performance appraisal is one of the critical aspects of human resource management in every organization. Performance appraisal may have a negative impact on motivation, role perceptions, and turnover, if the appraisal technique is poorly designed or administered. In Nigeria, most of the performance appraisal exercises programmes are used as some management of organizations tend to view it as a punitive measure, which may likely be the case in the selected deposit money banks in Lokoja under study. This study examined performance appraisal and employees’ performance in selected deposit money banks in Lokoja, Kogi State. The population of this study consists of permanent employees of ten (10) banks in Lokoja, Kogi State, with the total staff strength of six hundred and three (603) while Taro Yamane sampling technique was used to determine the sample size of two hundred and forty-one (241). The questionnaire was used to generate the data and the hypotheses were tested using One-Sample T-test. The results revealed that appraisal techniques have a significant effect on employees’ productivity in selected deposit money banks in Lokoja, Kogi state. Also, appraisal feedback system has a significant effect on employees’ productivity in selected deposit money banks in Lokoja, Kogi State. The conclusion of the study showed that performance appraisal techniques must be designed by the management of the deposit money banks in Lokoja, Kogi State with inputs from employees' representatives in order to make them more objectives. The study recommended among others that the management should design Performance Appraisal criteria in conjunction with the employees’ of the organizations, in order to earn sound employees’ productivity. Also, the organisations' feedback should be timely, actionable and involve discussions of strengths and weaknesses of the employees', this will further enhance employees' productivity. Keywords: Performance Appraisal, Employees’ Performance, Job Performance and organizations’ feedback. 1.0 Introduction Performance Appraisal (PA) is concerned with identifying, measuring, influencing and developing job performance of employees in the organization in relation to the set norms and standards for a particular period of time in order to achieve various purposes. Performance appraisal is comparing the employee’s present and past performance to his/her performance standards. Performance appraisal is a procedure to evaluate how individual personnel are performing and how they can improve their performance and contribute to overall organizational performance. Performance appraisal is the systematic evaluation of employees according to their job and potential development. Performance appraisal involves an employee knowing what is expected of him and remains focused with the help of the supervisor to tell them how well they have done that motivates the employees toward the good performance.