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    Performance Management System

    Uploaded by

    Fatima Tul Zahra
    The document outlines a performance management system which establishes shared goals and understanding between employees and supervisors, includes continuous feedback and development, and bases evaluations on SMART goals and core competencies to align individual and organizational objectives and inform compensation and career growth decisions.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Performance Management System

    Uploaded by

    Fatima Tul Zahra
    32 views12 pages
    The document outlines a performance management system which establishes shared goals and understanding between employees and supervisors, includes continuous feedback and development, and bases evaluations on SMART goals and core competencies to align individual and organizational objectives and inform compensation and career growth decisions.

    Original Title

    Competency PMS

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    The document outlines a performance management system which establishes shared goals and understanding between employees and supervisors, includes continuous feedback and development, and bases evaluations on SMART goals and core competencies to align individual and organizational objectives and inform compensation and career growth decisions.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    32 views12 pages

    Performance Management System

    Uploaded by

    Fatima Tul Zahra
    The document outlines a performance management system which establishes shared goals and understanding between employees and supervisors, includes continuous feedback and development, and bases evaluations on SMART goals and core competencies to align individual and organizational objectives and inform compensation and career growth decisions.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 12

    Performance Management

    System
    Performance
    Management Cycle
    Performance Management System

    Performance Management is a process for establishing a shared understanding


    (two-way communication between employee and supervisor) about what is to
    be achieved and how it is to be achieved, and an approach to managing people
    that increases the probability of achieving success.

    Performance Management is a continuous improvement process, which defines,


    develops, reviews and recognizes performance and supports the individual, the
    business unit and the entire organization.
    Principles of PMS

    • Performance Management is a comprehensive process which:


    - aligns individual, team and organizational objective.
    - informs compensation
    - supports individual and career development

    • Good performance management is based on continuous, honest and constructive


    dialogue between supervisors and employees.

    • Goals and objectives, as laid out at the beginning of the appraisal process, should be
    SMART: Specific, Measureable, Attainable, Relevant and Timed.
    Solution
    - Competency Performance System

    - SMART Goals + Competencies

    - Trainings on PMS

    - Timely Review (Quarterly – Mid Year)


    Performance Management - SMART GOALS

    PP: 1
    P: 2
    E: 3
    SMART GOALS Weighting Actual Achievement Supervisor Weighted Rating
    (A) Rating (B) E = (A*B)

    35% 3 1.05

    15% 2 0.3
    20% 2 0.4
    20% 1 0.2
    10% 3 0.3
    Total 100% 2.25
    Core Behavioral Competency
    Core Behavioral Competency

    PP: 1
    P: 2
    E: 3

    Competencies Performance Supervisor Weighted


    Weighting (C) Rating (D) Rating
    F = (C*D)
    C 20% 3 0.6
    DM 10% 3 0.3
    PO 10% 2 0.2
    RF 20% 2 0.4
    R 20% 1 0.2
    TA 20% 3 0.6
    Total 100% 2.3
    Performance Agreement

    SMART GOALS: 70%


    Core Competencies: 30%

    PP: 1
    P: 2
    E: 3

    Weighted Rating for GOALS Weighted Rating for Competencies

    E * 70% = 2.25 * 70% F * 30% = 2.3 * 30%

    1.575 0.69
    Rating Scale

    OVERALL PERFORMANCE SCORE


    (Goals + Competencies)
    1.575 + 0.69 = 2.26

    Rating Scale
    Up to 1.49 Partially Performing
    1.50 - 2.59 Performing
    2.60 – 3.00 Excelling
    Activity

    Conduct a Competency based Performance Appraisal Interview?

    - SMART GOALS
    - Competencies
    - Final Rating

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