By paystubs at 8 days ago • 0 collector • 18 pageviews

Performance management is a broad term that refers to the various processes and systems organizations use to manage employee performance. A well-designed performance management system has key components including goal setting, feedback, coaching, and development planning.

Organizations use performance management systems to ensure that employees are meeting the organization’s standards and objectives. The goal of performance management is to improve employee productivity and effectiveness. A well-designed system will help identify problems and potential areas for improvement before they become serious issues.

In this article, we’ll cover the key components of an effective performance management system and discuss the benefits of using such a system in your business.

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