Industrial Management is a good system of management which discuss about human capital, its need in the various activities from time to time. Payment for human services and performance of each individual to be measured by taking different tools. The system, of "Work Audit" is to be adopted for proper and effective payment from top to bottom. Payment should be given to a individual, according to his work performance in an organization, if the performance is not upto the mark, 'feedback' should be provided to increase the work standard. This book is very much helpful to HRM department of organizations, MBA students, Commerce students of different Universities, Non-government organizations, labour officers and to the research scholars who are dealing with 360 degree of Performance Appraisal.