Trends and Issues: Building A Better Performance Management SystemPerformance management, an organization’s approach to developing, recognizing and rewarding employee performance, is a widely discussed and written about component of the total reward system. It is also something that many organizations struggle with, as it is often a challenge to align business objectives with performance objectives and differentiate individual performance through pay and opportunity. This article outlines key challenges of performance management, as well as the core features of an effective performance management system.
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