Topic – Performance Management System
Chapter – 1 Introduction
1.1 Performance Management System
Performance management system is developed for the human resource term of any organization. At present, HR does the complete process of performance appraisals manually. In the existing process, each employee has to fill the HR. The HR manually keeps track of form submission of each employee and submits these forms to the managers for review. The managers then review each employee’s form and hand over the reviewed form back to HR. This process is tedious in keeping track of each form submission, sending reminder mails in case of failed submission before the due date and keeping track of the manager’s review for each employee.
1.2 Features of performance management system
1.3 Purpose of performance management system
To automate all the processes of the performance appraisal, a web based PMS can be used which has two kinds of appraisal system: Half yearly and fortnightly reviews. The system maintains the the employee detail along with the manegers information, the information of all locations, departments and designation maintained in the organization. This system allows HR to design the performance appraisal form and fortnightly review form. This being a web based application, employees across locations forms and HR can track the complete appraisal process with this centralized system. PMS is integrated with a centralized system to pull employee information which enables its integrity of employee information across various applications in the organization.
1.4 Benefits of performance management system
No extra expense
Saves transaction time
Reporting and analysis tools
Speeds up the complete process
1.5 Significance study of performance management system
Excessive employee attrition is more costly than many managers realize. First, there is the cost of recruiting an employee to...
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