Performance Management

Performance Management

Here are twelve critical elements of an efficient performance management system designed to ensure productivity in a workplace:

-Efficiency

-Fairness and Accuracy

-Guide on compensation

-Incorporate feedback from multiple data sources

-It should be a basis for coaching skills development

-Set expectations.

-Monitoring and feedback

-Development and improvement

-Reward and compensation

-Periodic rating

-Succession planning

-Outcome management

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