Overview
Employee Performance Management is essential for fostering a productive work environment. It involves setting clear goals, providing regular feedback, and conducting performance appraisals to ensure employees are aligned with organizational objectives. By focusing on continuous improvement, organiza...
Key Terms
Example: Companies use performance management to align employee goals with business objectives.
Example: A SMART goal could be to increase sales by 20% in the next quarter.
Example: Constructive feedback helps employees improve their skills.
Example: Annual performance appraisals are common in many organizations.
Example: A development plan may include training sessions and mentorship.
Example: 360-degree feedback includes input from peers, supervisors, and subordinates.