Performance management Flashcards
1
Q
Define what Performance Management is
A
A continuous process businesses use to evaulate employee performnace and key decisons.
Examples: Remuration (wages)
promotions
transfers
termination.
2
Q
Effective performance management enables management to make decisions regarding:
A
Employee performance
Remuneration (i.e. wages)
Promotion
Transfers
Disciplinary procedures
Training and development needs
Rewards and recognition (e.g. bonuses)
Termination