Week 3 Project

South University

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Performance Management Performance management and constructive feedback is the basis for employee development. Without honest feedback, the employees will not recognize areas of growth. The managers have to provide the employees with candid coaching if the employees are to improve their overall work performance. In order to offer constructive feedback, the managers must also be comfortable with the performance appraisal process. When employees receive quality coaching on their performance, this will help the employees understand the importance of their jobs, create camaraderie, and encourage a certain type of employee behavior. Performance is also tied to the pay structure, benefits, and the compensation plan. Once the employees receive the performance review, it is time for the manager and employees to develop a strategic plan. The manager and employees should only agree upon three to four areas to improve upon, along with a well-defined plan and timeline to accomplish and achieve the performance goals. The objective is to keep the employees motivated and engaged. When establishing the areas for improvement, this is the time for the manager to gain the employees’ assessment and input for the performance review. The manager could use several open-ended questions to elicit responses and create a nonthreatening environment. For the manager to effectively evaluate the employees, there must be a system in place to measure the core competencies and performance standards. A uniform approach should be established to evaluate and measure the outcome for each employee. All managers must adhere to the same criteria to ensure the performance appraisals are consistent throughout the organization. When the managers are able to encourage employees to work at a peak level, it gives employees self-worth and improves the overall communication process. The HR professional is given the opportunity to monitor performance, track rewards, benefits, pay, and compensation. This also gives the decision makers the opportunity to gauge the value of human capital.