5 Tips to Ace Your Employee Performance Management Process | AIHR Learning Bite

[Music] hi today's bite is about the employee performance management process what it is and how to best leverage it in your organization by following our top five tips so stay tuned what is the performance management process performance management is a set of activities tools and processes into enabling employees to achieve their goals employee goals are often set at the beginning of a performance management cycle when the employee and his or her direct manager sit down to discuss goals for the next year performance management is the process of ensuring that the employee has all the knowledge

skills and tools to achieve those goals in his or her role how can you improve the employee performance management process in your organization one actively involved employee the time that performance management was a top-down exercise is long gone performance management is very much a shared responsibility between the employee and their direct supervisor research shows that increased participation of the employee in the performance management process leads to higher satisfaction higher commitment and higher motivation to improve one's performance to create a culture of continuous learning learning new skills and capabilities is an enabler of better performance one

theme that has been popularized in recent years is continuous learning continuous learning requires an environment that supports employees self-development self-development means setting development goals seeking and using feedback to improve actively participating in development activities and tracking once process key ingredients for this are informal feedback communication of organizational goals behavioral choices with clear consequences autonomy to make decisions that affect important outcomes for the employee and explaining the why of actions in a way that is meaningful for the employee 3 create a robust 360-degree feedback system 360-degree feedback also called multi rater feedback is a system where

feedback from an employee subordinates colleagues and supervisors are combined with the employees own feedback 360-degree feedback can be used for informal but it's increasingly used in performance evaluations and employment decisions like pay and promotions for more information read our full guide to 360-degree feedback by accessing the link in the video description for invest in a good performance management system performance management is a complicated process involving many facets streamlining this in a performance management system pms offers many benefits a good PMS includes both performance appraisal and employee development these systems often offer continuous performance management through

regular reviews they help in setting goals and should be customizable to fit the organizational culture just like the 360-degree feedback discussed earlier 5 create a workforce of 1 research shows that in academia employees satisfaction with performance management practices depends on the tenure type of University employees this is intuitive you evaluate the performance of a tenured professor differently than the performance of a PhD student different policy types and procedures for different groups in organization will maximize overall satisfaction the practice of customizing people policies to unique individual cases is referred to as the workforce of 1 that's

it for this byte in which you've learned what the employee performance management process is and 5 best practices to effectively leverage it in your organization if you want to know more about employee performance management check out our in-depth written article in the description link remember to stay up to date with our learning bites by subscribing to our channels and if you liked this video make sure you like and share it and I'll see you soon in our next learning byte [Music]