Performance Management System
What is Performance Management ? â—? Performance management includes activities which ensure that goals are consistently being met in an effective and efficient manner. Performance management can focus on the performance of an organization, a department, an employee.
Effective Performance Management System : Are fair, consistent, and reliable Use established performance measures Supported by managers and executives Communicates performance expectations regularly Hold employees accountable for their actions Promotes continuous employee development Are flexible and efficient
Importance of PMS : It is also known as a process by which organizations align their resources, systems and employees to strategic objectives and priorities.
Performance management system should always build trust among employees, whereby their work will be evaluated and logic behind their performance measurement. HR needs to play a very important role in achieving this target.
Companies use performance management software to facilitate meaningful and ongoing discussions between managers and direct reports. It is an extremely simple and easy to use software with rich ability to influence performance management culture within the organization.