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Performance Management Systems
Performance management is intended to document the expectations of individual and organisational performance. It also provides a meaningful process by which employees can be rewarded for noteworthy contributions to the organisation, and provide a mechanism to improve individual and organisational performance.
Establishing actionable, role-specific, and achievable performance goals is critical to the success of an employee performance management initiative.
Effective Performance Management will:
- Ensure employees’ goals are aligned with the overall organisation’s business goals, mission, vision, and values
- Provide employees with a Personal Development Plan consistent with organisational goals and their specific needs
- Ensure fairness and objectivity in reward and recognition for the work done
- Enable employees to give/or receive feedback from their manager
Feedback is a natural part of performance management, and specific and timely feedback to employees about their performance against established expectations also provides the foundation for discussing developmental needs.
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