The process by which managers and employees work together to plan, monitor and review an employee’s work objectives and overall contribution to the organization. More than just an annual performance review, performance management is the continuous process of setting objectives, assessing progress and providing on-going coaching and feedback to ensure that employees are meeting their objectives and career goals.
- Ensures that the employees understand the importance of their contributions to the organizational goals and objectives
- Ensuring each employee understands what is expected from them and that they possess the required skills and support for success
- Regularly provide open and transparent job feedback to employees Providing maximum opportunities for career growth