Performance Management System - Amazon Web...
Transcript of Performance Management System - Amazon Web...
Systems that facilitate the achievement of individual and corporate goals. Performance Management systems enable you to track and monitor the performance of individual employees, departments, and the organization overall.
More than just an annual performance review, performance management is the continuous process of setting objectives, assessing progress and providing on-going coaching and feedback to ensure that employees are meeting their objectives and career goals.
Performance Management System
Planning
Act
Monitor Evaluate
Recognize
PMS
Identifying and resolving hurdles that may prevent the employees from pushing boundaries and achieve their best performance
Creating an ecosystem that facilitates personal growth, continuous learning and skill enhancement, as well as better career prospects for employees
Creating a platform that facilitates better strategic decisions, improvisations, and introduce measures for better employee satisfaction
Ensuring improved and deserving performance appraisals and rewards for employees
Creating a proper measure to calculate the organization’s overall performance based on employee performance, satisfaction, and retention
Objectives of Performance Management System
Enhance the performance of the employees at the workplace
Promoting a healthy, two-way communication between employees and the management and promote a healthy relationship
Creating a regular flow of communication of organizational goals, expectations, feedback, and coaching
Benefits of PMS
Employee’s Benefits
Clarifies expectations of the employees, self assessment opportunities clarifies the job accountabilities and contributes to improved performance, clearly defines career paths and promotes job satisfaction.
Manager’s Benefits
Saves time and reduces conflicts, ensures efficiency and consistency in performance
Organization’s Benefits
Improved organizational performance, employee retention and loyalty, improved productivity, overcoming the barriers to communication, clear accountabilities, and cost advantages
Employees
Manager
Organization
Performance Management Process
Performance Planning
Performance Appraisal
and Reviewing
Feedback on the
Performance
Performance Improveme
nt Plans
Potential Appraisal
Work Flow Of PMS
1.Self Evaluation
• Performance Rating
• Scope in Improvement
• Recommendation
2.Manager’ Review •Performance Rating
•Scope in Improvement
•Recommendation
3. HOD Review
4. HR Review
• Decision
• Communication
• Current Year Performance Self Rating
• Next Year KRA
Quarterly
Review Half Yearly
Review Yearly
Review
Review & Rating
• Self Appraisal • Against Each Goal Employee Put his achievement in Percentage • Accordingly score will calculate automatically against Weightage for each goal • Employee will Put remark against field against each goal
• Manager Review • Manager Put Percentage against each goal submitted by employee • Put his remark and score get calculated automatically
• HOD Review • HOD can see appraisal submitted by Employee and Manager with respective
Percentage against each goal, Score and Comment • Put his remark and score get calculated automatically
• HR Review • Can not change the final rating given by HOD • Do Overall Evaluation • Put Remark on Career Path • Recommended employee for Next Grade & Salary Revision
Reports
Performance Evaluation Form Submitted / Not Submitted
Next Year KRA Form Submitted / Not Submitted
Training Need Identify
Career Progress Chart
Review Report for all stages
Thank You
Sandeep Jadhao
India Head – Marketing & Sales
Emsphere Technologies Pvt. Ltd.
M: +91. 8788616038 / 9922282527
W: www.emSphere.com
LinkedIn: https://www.linkedin.com/in/jadhaosandeep/