What is Performance Management System(PMS)?

What is Performance Management System(PMS)?

Performance Management System (PMS) refers to the processes and tools used by organizations to assess and improve employee performance. It involves setting clear expectations and goals, monitoring progress, providing feedback, and making necessary adjustments to improve performance. A well-designed PMS helps organizations align employee performance with organizational goals and objectives. It enables managers to identify top-performing employees and those who need additional support and development....

Components of Performance Management System:

Typically, a Performance Management System includes the following components:...

Purpose of Performance Management System(PMS)

A Performance Management System (PMS) aims to improve employee performance and ultimately enhance organizational effectiveness. There are several specific goals that a well-designed PMS can help an organization achieve:...

Benefits of Performance Management System

Implementing a well-designed Performance Management System (PMS) can provide several benefits to organizations. Here are some of the key benefits:...