Performance Management System
- Performance management systems usually include criteria for evaluating employee competencies, assessment tools, and training and development initiatives.
- Performance appraisals provide opportunities for feedback and development, as well as motivation for employees. The performance appraisal process generally begins with an evaluation of each employee’s performance over a specific period of time.
- It is then used to identify areas of strengths and weaknesses, establish goals, and support professional growth.
- This process typically involves setting goals, providing feedback, and providing recognition or rewards, as well as offering coaching and advice on how to improve future performance. Performance appraisals are generally conducted on an annual or semi-annual basis, and typically involve both self-assessment and assessment by the employee’s manager or supervisor.