Performance management has several purposes, all intended to benefit both the organization and the employee and to ensure that any decisions resulting from the system are based on objective, reliable, and valid information. As such, performance management provides key information that should be strategically used with other HRM processes. The purpose of managing performance Prepare employees for future roles Ensure that right type of training is provided to the employees Compensating, documenting, and coaching employees Explain how a career development program integrates individual and organizational needs
Performance management has several purposes, all intended to benefit both the organization and the employee and to ensure that any decisions resulting from the system are based on objective, reliable, and valid information. As such, performance management provides key information that should be strategically used with other HRM processes. The purpose of managing performance Prepare employees for future roles Ensure that right type of training is provided to the employees Compensating, documenting, and coaching employees Explain how a career development program integrates individual and organizational needs
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