How does a performance management system connect with training and development and compensation strategies? What could be ……in your organization to better utilize the information received from this system?
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a performance management system measures the performance of the employees and determines the training, development and compensation to improve performance
Performance management systems identify the levels of performance exhibited by the employees and uses the evaluation to promote performance improvement processes. The feedback and performance goals obtained guide the implemented training and development tools. Performance appraisals as management systems identify the performance and development needs. performance management systems ensure that employee training satisfies the needs. The performance management system identifies the core strengths, skills and knowledge of the employees as pertains to quality of products and services provided and completion of the job tasks allocated. Training and development in performance management increases the communication of the employee and manager to increase employee achievement. Trust and expert insight is developed.
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