impact of 360° performance appraisals on employees’ performance: The case of the Lebanese sector

Today, it is critical for businesses to consider employee satisfaction at work and methods for increasing company performance. The primary issue of the research is whether performance assessments are performed and administered properly in Lebanon. If so, what performance criteria are utilized to assess employee’s performance. The purpose of this research is to examine the relationship between performance appraisals and job satisfaction in the banking sector. Additionally, this research analyses the problems associated with excessive employee turnover in the banking industry. Additionally, the research will assess the relevance and value of the human resources department in the banking sector with regards to employee competency retention. Additionally, the Human Resources Department is critical in implementing the banking sector's employee retention strategy.