Review:
Performance Management Systems
overall review score: 4.5
⭐⭐⭐⭐⭐
score is between 0 and 5
Performance management systems are tools and processes used by organizations to assess, develop, and manage employee performance.
Key Features
- Goal setting
- Feedback
- Performance appraisal
- Employee development planning
Pros
- Helps clarify expectations for employees
- Provides a structured framework for performance discussions
- Supports employee growth and development
- Can identify high performers for recognition and promotion
Cons
- May be time-consuming for managers to implement and maintain
- Subjectivity in the evaluation process can lead to bias
- Could create a culture of fear or competition among employees