business

"Performance Management, Compensation, Benefits, Payroll, and HRIS"

• During your professional career, you may have received performance appraisals. In other cases, your compensation may have been tied to some performance variable. There are many aspects of performance management, compensation, benefits, and payroll that are automated. First, read the article, “HRIS Performance Monitoring Plan,” located at http://www.ihris.org/toolkit/tools/pmp.html. Based on the article and your textbook, please respond to the following question:
  
  • Imagine that senior leadership is displeased with their performance management plan. Lay out a plan for senior leadership to automate this function. Give two (2) thorough examples of the value that performance management systems bring to an organization and explain how technology impacts that value. Additionally, describe one (1) example of how technology impacts the value and efficiency of benefits, compensation, and payroll.