Effects of Open Performance Review Appraisal System in Assessing and Appraising Employees’ Performance at First Housing Finance Tanzania Limited

Purpose: This scrutiny has inspected outcomes of exercising an Open Performance Review Appraisal System at First Housing Tanzania Limited (FHTL) and provided the means to be adopted by other related organizations invested in advanced technology in their day-to-day operations. Design/Methodology/Approach: The inquiry employed both numerical statistics and descriptive research approaches to meet the targeted goal. Data were collected by using focus group discussions, interviews and questionnaires. A purposive sampling technique was deployed to obtain the sample as the study took all 68 employees at First Housing Tanzania Limited (FHTL). Findings: Findings revealed that organizations invested in systematic and advanced technology that integrates all the activities related to the employees’ appraisal are the best means and practice of exercising fair means of assessing and appraising employees in the organization appropriately. Research Limitation: The study focused on only employees and employers of First Housing Tanzania Limited (FHTL) found in Dar es Salaam, this scenario narrows the spread of the inquiry. Practical Implication: The inquiry’s discoveries are used by employers across the country to re-think new ways of gauging employees rather than relying on the old approach named; Open Performance Review Appraisal System (OPRAS) alone to determine the actual altitude and effectiveness of the employees’ performance in the organization. Social Implication: Findings of this study are suggested to be used by Tanzania policy makers particularly from the Ministry of Work to rectify some aspects of evaluating employees from time to time. Originality/Value: The study on hand has challenged the old approach of evaluating employees’ performance at the workplace, and has suggested employing the system-integrated method that assesses employees’ performance accurately.