Employee performance management is the process of involving employees in accomplishing the mission and goals of a certain company. Employee performance management includes planning work and setting goals, monitoring performance, developing capacity, reviewing performance, and rewarding good work.
It is important for a company to have their performance management system, either manually or technologically. This is because a good performance management system of a company will increase the performance of employees in the company due to their satisfaction to the job and also the company.
The performance management system will helps the organization to record the performance of the employees in the organization. One of the most popular applications of performance management is performance appraisal. In the performance appraisal system, it is easy for the management to review the performance of their employees. Further action could be takes whether to reward the employees due to their excellence or to punish them due to their bad performance on a certain job.
Technologically, this performance management system helps much in the management of performance of the employees. Without the system, it is quite hectic to organize the performance management for a company that consist more than hundred employees. With the system, at least all are organized in a system that enabled the upper management reviewing it whenever they want. Moreover, the system could also help the management to take fast action after reviewing it, in order to increase the performance of the company.
As conclusion, the system will be beneficial if it is well-managed. All the weakness could also been settled before any problem exist.
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Regardless of your perspective on the questions raised by recent events in Wisconsin, the column makes some excellent points about the power of ensuring employees are focused on results in a clear, fair and systematic manner.
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