A PMS is a comprehensive and structured process or framework used to measure, manage, and enhance the performance of employees and teams. It involves planning, monitoring, and assessing individual and collective employee performance to align with organisational goals.
Organisations leverage HR technology and industry-standard methodologies to streamline performance management processes and activities such as goal setting, reviews, ratings, learning and development, feedback, rewards and recognitions, PIP, succession planning, and compensation reviews.
FAQ
A Performance Management System is vital for aligning individual and team goals with organisational objectives, fostering continuous improvement, and enhancing overall productivity.
The frequency of performance reviews can vary but is typically conducted annually or semi-annually. Some organisations also incorporate ongoing feedback and check-ins to ensure a continuous and dynamic approach to performance management.
Employees play a proactive role in their performance by actively participating in goal-setting discussions, seeking feedback, identifying areas for growth, and taking advantage of development opportunities. A collaborative approach ensures mutual understanding and alignment with organisational goals.
A well-designed PMS identifies strengths and areas for improvement, facilitating targeted development plans. Regular feedback and performance discussions enable employees to track progress, set career goals, and take steps toward professional growth within the organisation.
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Streamline your Performance Management
- Goal Setting
- Continous Feedback
- Appraisals
- Performance Letters
- Automated Reminders