Our team will undertake to conduct an end to end performance management activity or a stand-alone performance appraisal, setting KPI’s or Balanced Score Cards.
There are a number of benefits of Performance Management:
Provides basis for cascading strategic plans into business functions and individual employee performance plans
Helps when setting KPI’s and standards for employee performance
Promotes a climate of communication, involvement and participation among employees and their managers
Facilitates a smooth performance appraisal and employees development process
Enhances an objective environment for succession planning
Provides objective grounds for fostering an employee reward system/benefits/salary reviews
Provides basis for employee retention