Performance Management for Employees Productivity
Employees are a very important asset for the progress of the company. It is no wonder if all companies would like employees to have maximum performance. However, the problem that often occurs is that employee performance fluctuates, considering that employees are also human. One of the effective ways to improve and maintain employee work performance is by implementing performance management.
Performance management is the continuous process of improving performance by setting individual and team goals which are aligned to the strategic goals of the organization, planning performance to achieve the goals, reviewing and assessing progress, and developing the knowledge, skills and abilities of people. A key point here is that performance management isn’t an easy field to navigate. It’s constantly evolving.
Basically, the goal of performance management is to maintain the stability of employee performance in the company. Specifically, the objectives of performance management are:
- Identifying the abilities and skills of employees so that the job can be completed by the right employees;
- Identify the obstacles that occur and resolve these obstacles through the process of monitoring, coaching, and development.
- Improve a two-way communication system between managers and staff that meets expectations and provides regular and transparent feedback so as to improve employee performance;
- Creating a basis for determining administrative decisions such as compensation, salary increases, performance-based wage structures;
Building an effective performance management framework requires a few basic elements involved. With Shackleton Towers, you will be able to get a hands-on collaboration in creating the best performance management for your company. Contact us at firstname.lastname@example.org.