Rewarding through Performance Management
Create a presentation of an ideal performance management system (PMS) that you would implement as the human resources (HR) manager of an organization (fictional or real). Be sure to include information that addresses the following aspects of your PMS:
- Organizational Strategy including description of the organization’s purpose, vision, mission
- Systems including defining and measuring results, appraisals, compensation
- Implementation Factors including communication plan, appeal process
- Employee Development Considerations
Each of the above areas and their subcategories must be addressed. Assume you are presenting the paper to the senior management team of your organization.
Your final paper should be 7-8 pages in length (not including the cover and reference pages in your page count). The project should follow Saudi Electronic University academic writing standards and APA style guidelines, citing references as appropriate. It should contain concepts from the course reading materials and textbook, reflect your insight and analysis of the course materials, and use external information, providing an original and thoughtful presentation. Be sure to cite and integrate at least three credible, academic sources.
Answer preview
Performance management refers to the process that is used by the management, employees and other stakeholders of an organization to come up with ways of improving the performance of the organization in an effort to achieve its goals. It is a continuous process that involves the setting of objectives for the organization, the evaluation of the progress that has been made, provision of coaching to employees and the giving of feedback to the employees. Performance management focuses more on promotion and improvement of the effectiveness of the employees at the organization. While using performance management at an organization, the management should ensure that each employee is evaluated in a fair manner at the end of a performance period (Cardy et al., 2014). Organizations that make use of performance management have recorded high levels of employee performance which has led to improved organizational performance.(2298words)