Performance management is a process that helps to monitor, assess, and improve the performance of employees. It includes goal setting, performance appraisals, and feedback sessions.
It helps organizations to align their employees’ efforts with business goal.
Continuous feedback helps employees to stay on track and improve their performance. Companies should also have open communication between managers and employees to address challenges and recognize achievements.
Setting clear, and achievable goals is the results in effective performance management. Goal-setting enhances clarity and direction.
Regular performance reviews allow employees' to contribute and identify there areas of development.
Acknowledging hard work of employees and gives motivation and engagement.
Proper communication on performance expectations and evaluation increases the transparency within the company.
When Employees are aware of their roles and expectations, than it leads to improved efficiency & productivity.
Data-driven result help in making informed decisions.
When Employees are encouraged they feel valued and reduce turnover rates.
Ensures employees and team objectives remain aligned with company’s goals.
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