EMPLOYEE PERFORMANCE MANAGEMENT AND REWARD SYSTEMS
RATIONALE
Employee Performance Management is a process for establishing a shared workload by the workforce, understanding what is to be achieved at the organisational level. It is about aligning the organisational objectives with the employees’ agreed measurable skills, competency requirements, development plans and the delivery of results. The emphasis is on improvement, learning and development in order to achieve the overall business strategy and to create a high performance workforce.
Every organisation needs a strategic reward system for employees that addresses these four key areas; compensation, benefits, recognition and appreciation. The problem with reward systems in many businesses today is twofold: They’re missing one or more of these elements (usually recognition and/or appreciation), and the elements that are addressed aren’t properly aligned with the company’s other corporate strategies.
A winning system should recognize and reward two types of employee activity-performance and behaviour. Performance is the easiest to address because of the direct link between the initial goals you set for your employees and the final outcomes that result therefrom.
Some personnel directors assess employee performance of each staff on an annual or quarterly basis in order to help them identify areas for improvement.
LEARNING OBJECTIVES:
Personality Assessment Test: We conduct Personality Assessment Test on all our Course participants to help them understand their personality traits and dispositions.
At the end of the workshop, participants in addition, will be able to:
- Link individual employee objectives with the organisation’s mission and strategic plans
- Attain a clear concept on how they contribute to achievements and the overall business objectives
- Focus on setting clear performance objectives and expectations through the use of results, actions and behaviours
- Define clear development plans as part of the process
- Conduct regular discussions throughout the performance cycle which include such things as coaching, mentoring, feedback and assessment
- Develop a strategic reward system for employees in the organization
COURSE CONTENT:
- Overview of Staff Performance Management and Reward System
- Staff Management Performance Cycle
- Employer’s Role in Achieving Organisation’s Objectives
- Developing Strategies for Relating Organisation’s Objectives with Staff Objectives
- Developing Strategies for Good Staff Reward System
TARGET AUDIENCE:
CEO’s, Directors, Chairmen, General Managers, Managers, Human Resource Managers, Admin and Finance Executives and any Other relevant Staff in the organisation.