What Role Does Employee Performance Management Play?
Employee performance management is a continuous process that involves:
- Setting Clear Objectives: Establishing measurable goals aligned with the company's strategic objectives. - Regular Feedback: Providing ongoing feedback to help employees improve and grow. - Performance Appraisals: Conducting formal assessments to evaluate employees' performance and identify areas for development. - Training and Development: Offering opportunities for skill enhancement and career advancement. - Rewards and Incentives: Implementing performance-based bonuses, promotions, and other incentives.