Explain in detail about performance management system?

Answer 1

The performance management system refers to the systematic process by which a given organization involves its employees in various activities within the organization so as to improve the effectiveness in the accomplishment of its goals and missions. The performance management system is usually used to communicate organizational objectives and goals.

Answer 2

The performance management system is the systematic approach to measuring the performance of the employees to achieve the goals of the organization. It aims to identify the employees who are under performing, performing, and who need extra support.

It involves various processes like monitoring the goal completion, examining the employees’ potential, feedback, and discussions. A well-managed performance management system has a positive influence on the benefits of the employees and their job satisfaction. It has a regular assessment for all the individuals and helps in development & training.

Hale human capital is the OD consulting company in Chennai providing the performance management process with a higher standard of approach for all organizations. Visit their website for more details.

Answer 3

what is Performance Management system?