Showing posts with label PERFORMANCE MANAGEMENT. Show all posts
Showing posts with label PERFORMANCE MANAGEMENT. Show all posts

Wednesday, August 4, 2021

PERFORMANCE MANAGEMENT

Managing Employee Performance in an Organization



For most organizations in the world performance, reviews are used to support decisions related to mainly training and development. As well as transfers, promotions, compensation, and employment termination. The performance review includes setting clear and specific performance expectations for each employee and providing periodic informal and/or formal feedback about employee performance. However, recent trends include a less formalized process focusing on more feedback and coaching.

 

The performance management process is often linked with other organizational systems such as Strategic planning, succession planning, individual and team development, total compensation, and HR technology systems. The human resource department is the key to the efficient administration of the performance management and a qualified HR team to train the managers in the organization and to assist them when issues arose.

 

An effective performance management system includes three broad elements: goal setting, performance review, and a performance improvement process. An effective performance management system will incorporate these three basic elements in some form.

 

GOAL SETTING

 

Goal setting is the process of placing objectives to arrive over a period of time. These are the criteria which employees will be evaluated end of the period.

 

PERFORMANCE REVIEW

 

Performance review is the process of assessing an employee's progress with established goals. Organizations can make informed and accurate decisions regarding an employee's contribution, promotional opportunities, career development, training needs, pay increases by looking at strengths and weaknesses of employees.

 

Commonly several types of performance review systems are in use by many organizations in the world. Ranking, 360-degree feedback, behaviorally anchored rating scales, and Competency-based performance reviews are some of them.

 

PERFORMANCE IMPROVEMENT PLANS

 

The performance improvement plan is a tool to provide an employee with performance deficiencies the opportunity to succeed. These plans used to address failures to meet specific job goals or to build up behavior-related concerns.

Performance management is a continual process, not something that occurs only annually. Effective performance management will be ensuring that design efforts are successfully supported and implemented.

  Figure 1: What HR can do to make the Performance management system work  ( (source: texeQserve)



                           

References

hrdesign.com, Performance Management: Concepts & Definitions, viewed 2nd August 2021, <Performance Management: Concepts & Definitions | People & Culture (berkeley.edu)>

 

valamis.com, Performance Management, viewed 2nd August 2021, <Performance Management: Best Practices and Examples (valamis.com)>

 

Elaine D. Pulakos, 2004, A roadmap for developing, implementing and evaluating performance management systems, viewed 3rd August 2021, <Performance Management: A roadmap for developing, implementing, and evaluating performance management systems (shrm.org)>