Performance management is a systematic process by which the overall performance of an organization can be improved by improving the performance of individuals within a team . It is a means proactively focusing on employee development, talent and succession management, Linking performance to compensation , recognition and rewards . Aligning employee work to department goals and objectives, defining and communicating performance expectation regularly. The Talent ant performance management system includes the following process.
The process of Recruitment includes analyzing the job requirement, attracting Applicants, screening and selecting applicants, hiring and orienting the new employee to the organization.
Activity which ensures that the goals are meet in an effective and efficient manner or the accomplishment of given task measured against preset standards of accuracy, completeness, cost and speed. Perform can include the performance of an organization, department, employee, or even the process to build a product of services.
Improving is the process of changing an organization, employees, group of people within the organization using the process of learning in order to compete with the competitive environment. It is an educational process where employee can learn, relearn & reinforce existing knowledge & skill.
The exit of an employee holds a lot of importance for an organization as it is a process by which the relationship with an employee is to be closed in a professional manner.
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