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5 tips for effective performance management

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Alexandre Diard
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The main reason for setting up a performance management program in a company is to search for the highest level of performance of every employee. There are many softwares available to help you to achieve this. In our white paper, we offer 5 tips particularly relevant for effective performance management.

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Want to learn more about performance management?  ๐Ÿ“š Click the button below to download our white paper on this topic. 

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Performance management


Performance management is about
motivating employees and trying to use their skills and abilities to their greatest potential, not just evaluating them on the results they deliver. Performance management is therefore a way to motivate employees to give their best, save the company time and increase productivity.

Today, the imminent arrival of young people from Generation Z into the business world requires a performance management process because they expect to be recognized and rewarded for their individual contributions to the company's performance. Managers must therefore establish clear and transparent rules, which can encourage motivation and commitment. Simply put, managers set goals and detail ways to achieve them through a training program, for example, or during an appraisal interview. This is a typical performance management.

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Performance management: use HRIS tools

With the use of an HR portal (or HRIS) , talent management and performance management can help establish communication between the manager and the employee about his or her performance. Each employee can manage and share a lot of information, such as their potential for improvement, goals they already achieved or to be achieved, their career plan and their skills.

This information is easily accessible to the manager who can monitor the performance of their employees throughout their career.

Therefore, a performance management solution allows an HR department or HR manager to identify the best members of the team. Top talent that can be placed in a number of strategic positions in the company. Performance management can also entail creating talent pools by comparing skills and competences, identifying skill gaps and putting in place development and training plans to address these deficits.

These pools will ensure the replacement of future available positions and reduce the negative impact of turnover. Managers will be able to access information about their talent in order to determine with certainty if the employee is a fit for the position or not, according to their skills.

 

Want to learn more about performance management?  ๐Ÿ“š Click the button below to download our white paper on this topic. 

Download Whitepaper