Performance management is a topic, which is regularly discussed in HR circles.  Some HR professionals believe that performance management is a waste of time while others believe that it is an integral part of a company’s process and not enough emphasis is placed on it.

In reality, a performance management system is only as good as the people who are using it. Our experience with performance management systems is that companies generally have a system, which is too complex or not relevant enough and therefore does not get the care and attention that it is due.

Additionally, there is often very little (if any) training given to managers and team leaders in how to give feedback and conduct a good performance review. In these cases performance management becomes a millstone around the managers necks and as a result become meaningless.

A good performance management system should be easy to manage and should not take a large percentage of the managers and team leaders time to complete. The old agade of 'keep it simple, stupid' works every time.

Another common misunderstanding, which is prevalent amongst the Employees of a company is that performance management is linked to pay adjustments. This is simply not true and whenever we speak to companies regarding performance management systems we always recommend that they do not combine them with any sort of pay reviews.

Performance management is about an individual's job performance and not about rewards. It is not good policy to link the two together and create the expectation that good performance means more money. Many companies may not be in the position to be able to continue to increase salaries and wages but they still need to get the best performance from their Employees.

  

While there are lots of performance management systems available off the shelf, a large percentage of them cannot be simply introduced into a company without some modifications. SourceHR can develop a tailored solution to ensure that the performance management system that you use is relevant and covers all aspects of your industry. In addition, we will train your managers and team leaders to deliver a great performance review and have the confidence to deal with any issues that may arise.

  

Our solutions are both easy to install into your company and cost effective. Call or enquire online now for further information click here