
A performance management strategy can ensure your employees’ activities and output are in line with your wider business’ objectives and can be critical to business success and employee productivity. What is performance management? Defined by the CIPD as “the activities and processes that focus on skills, resources and support to maintain and improve employee performance in line with an organisation’s objectives,” performance management encompasses a number of HR initiatives including KPIs and objectives, performance reviews, feedback and L&D. Research has found that employees who receive regular feedback on their strengths are on average 8.9% more profitable (Gallup, 2016). Aside from…
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