Performance Management

Essay specific features

 

Issue:

Business

 

Written by:

Helen M

 

Date added:

May 11, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

12 / 3179

 

Was viewed:

5373 times

 

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Essay content:

Furthermore, in recent times, most members of the community believe that skilled people are an essential part of sustaining an organization's long-term competitive advantage. So, successful pay, rewards, compensation and benefits strategies are the main components that can ensure people are paid equitably, recognise and reward excellent performance, and aid the attraction and retention of top-quality staff...
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For this strategy, an organisation's performance management system should be designed to link employee performance outcomes and expectations to its goals, improve productivity, emphasize the employee's role in the process, recognise employee development needs, require meaningful communication between a supervisor and employee and recognise accomplishments...
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