How Productivity Improves with the Right Management.

How Productivity Improves with the Right Management.

PERFORMANCE MANAGEMENT SYSTEM

sometimes referred to as a PMS, is the process that a company uses to appraise and recognize its personnel. A company with a properly executed performance management system can improve employee morale, increase productivity and retain its top workers.

But why do you need PMS?

  • It helps to measure performance
  • See if what you are paying is more or less
  • Understand how your Company performed in the last year.
  • Review your HR Practices.
  • Appraisals for your Employees
  • And be one step ahead in your next year planning.

What happens in PMS?

  • Evaluate your employee performance
  • Conduct job analysis
  • Audit your HR
  • Review the current system
  • Review the Compensation and benchmark the same.

But when should one get it done?

A proper PMS takes time to deliver depending on the employees you want to evaluate. The longer you delay, the more you dive into the darkness of performance. So the answer to that is getting it done Right now! A full-fledged PMS takes time and once properly implemented it helps to make evaluations and management that easier.

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2019-11-20T05:34:52+00:00

About the Author:

Husys
Husys® Consulting Ltd is India's only true HR Function Outsourcing firm dedicated to build and manage HR departments for small & medium enterprises(SME's).Husys believe that Human Capital Management is a must and is often ignored in the SME segment. Husys Consulting Ltd was born in 2002 out of this vision, and soon became the first who walked the talk in this space with a unique concept of HR Function Management for Organizations. It still rules the roost as a leader and is soon becoming respected as a thought-leader for all Small and Medium enterprises. Today India has one of the largest New HR Business potential in HRFM/HRFO. HUSYS pioneered the concept and a copyrighted process to our credit called “HR Function Outsourcing & Management (HRFO/HRFM)” in building and managing HR function for organizations.

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