Performance Management is regarded as a unified system that includes work planning, organization design, assessments and feedbacks which are designed to optimize performance of an individual, the unit and organizational levels and the entire team in order to inspire and develop staff.
Recognition and award systems form part of this program and offers non-monetary and monetary awards in recognition of outstanding performance and other worthwhile attainments.
Why Performance Appraisal is Important?
• This offers a good opportunity to review an individual’s career plans in order to discover her/his displayed strengths and weaknesses.
• Appraisal offers data upon which salary and promotion decision can be formulated.
• This offers an opportunity for a manager as well as her/his subordinates to tackle and review the subordinate’s work-related behavior and then come up with a plan for a corrective action. Continue reading “Employee Performance Management and Performance Appraisal”
