Hi everyone,
I am a new HR professional and has joined an IT Industry...
I would like to know which Performance appraisal system is best for the company.The strength is not very big.
Pls help with your advices..
Thanks,
Ashu Nimoria
From India, Hyderabad
13I am a new HR professional and has joined an IT Industry...
I would like to know which Performance appraisal system is best for the company.The strength is not very big.
Pls help with your advices..
Thanks,
Ashu Nimoria
From India, Hyderabad
Which performance management system is best for your company is not hugely dependent on the industry you are in. I would say it is more dependent on your organization’s goals, culture and the skill level of your managers. To begin with, you need to be clear on why your organization wants to set up a formal performance management system. I would first sit down with the executive team to discuss and decide:
-What is the purpose of the performance management system?
-How will you know that you have achieved your purpose?
-Will the system appraise goals and objectives, behaviors, or both?
-How will you appraise performance: manager appraisal, multi-rater feedback, objective measures or manager staffing reviews, or a combination?
-How will you reward good performance/exceptional performance?
-How will you fund rewards?
-How will you handle disagreements between appraiser and employee?
-Will the appraisal cycle be based on the business cycle or employee anniversary date?
To answer these questions, you and your executive team will need to consider:
-your current management capability
-size of workforce
-types of jobs
-geographical disparity of workforce
-IT systems capability
-current business measurement systems
-organizational culture, including levels of trust and openness
-current rewards and remuneration system
-current organizational strategy and goals
-current performance management system
-budget availability
-level of executive support
As you can see, what performance management system is right for your organization depends on a number of factors. There is no single right answer and whatever system you choose to design and implement should be a system that you are comfortable with and that has the support of the executive team and employees.
You can find out more about performance management systems at http://www.businessperform.com/html/...anagement.html
Vicki Heath
Human Resources Software and Resources
http://www.businessperform.com
From Australia, Melbourne
-What is the purpose of the performance management system?
-How will you know that you have achieved your purpose?
-Will the system appraise goals and objectives, behaviors, or both?
-How will you appraise performance: manager appraisal, multi-rater feedback, objective measures or manager staffing reviews, or a combination?
-How will you reward good performance/exceptional performance?
-How will you fund rewards?
-How will you handle disagreements between appraiser and employee?
-Will the appraisal cycle be based on the business cycle or employee anniversary date?
To answer these questions, you and your executive team will need to consider:
-your current management capability
-size of workforce
-types of jobs
-geographical disparity of workforce
-IT systems capability
-current business measurement systems
-organizational culture, including levels of trust and openness
-current rewards and remuneration system
-current organizational strategy and goals
-current performance management system
-budget availability
-level of executive support
As you can see, what performance management system is right for your organization depends on a number of factors. There is no single right answer and whatever system you choose to design and implement should be a system that you are comfortable with and that has the support of the executive team and employees.
You can find out more about performance management systems at http://www.businessperform.com/html/...anagement.html
Vicki Heath
Human Resources Software and Resources
http://www.businessperform.com
From Australia, Melbourne
Hi Vicki,
Thanks alot for the advice and the direction for performing my task...I think first i really need to understand the basic need of the appraisal system in my company and its purpose...
I will surely get back as soon as i start with it...in case i need any help...
Can I with your Permission?
Thanks again
Bye,
Ashu
From India, Hyderabad
Thanks alot for the advice and the direction for performing my task...I think first i really need to understand the basic need of the appraisal system in my company and its purpose...
I will surely get back as soon as i start with it...in case i need any help...
Can I with your Permission?
Thanks again
Bye,
Ashu
From India, Hyderabad
Ashu, I'm happy to help you with any specific questions you may have.
Vicki Heath
Human Resources Software and Resources
http://www.businessperform.com
From Australia, Melbourne
Vicki Heath
Human Resources Software and Resources
http://www.businessperform.com
From Australia, Melbourne
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Training-develo pment-performan ce-appraisal.pp t
Performance Development Plan.doc