What are the strategies for setting up a successful employee performance management system?

How many times have we heard that “a Company is only as good as its employees?” Employee performance directly impacts the Company’s performance in almost every measurable area. It makes a visible difference from the stock market performance to the profit and loss statement. In other words, the better your employee’s performance is, the better will be your Company’s growth. Some successful employee performance management strategies are:

  • List the employees’ expectations
  • Find out the obstacles in an employee’s path
  • Be aware of and acknowledge all that’s valuable
  • Match people and positions with an appropriate selection process
  • Develop the skills of employees with performance reviews

The above list is not an exhaustive one. Please feel free to add your suggestions that can make the employee performance management system more effective. To read the complete article, please visit http://blog.commlabindia.com/elearning/employee-performance

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