Every employee’s individual performance contributes to the organization’s overall performance. That’s the reason more and more companies today are continually looking to improvise their techniques in measuring and evaluating employee performance. Employee performance management, therefore, becomes critical as it aligns the workforce and their individual goal with the broader organizational goals and mission.
“More than 80% of organizations are considering making a major change to performance management, or already have.” – Gartner, 2019
The reason for dissatisfaction with the traditional performance management system lies in the fact that most companies considered annual reviews and appraisals as a good idea to evaluate the performance of an employee. However, The modern day leadership teams see their fair share of managing company culture with both in-house and remote teams. Organizations constantly want to get one step ahead at measuring and evaluating employee performance and automate to make it a continuous process to achieve goals.
In this eBook we will learn about
Employee performance management system (PMS)
Purpose of a PMS?
Pain points of your current PMS
Key elements of a Performance management system
Deciding factors while investing in a Performance management system
How to build a business case for investing in a PMS
Benefits of implementing a Performance management system
Download our guide to understand the factors to consider in evaluating and selecting the right partner for your Performance Management System