Performance Management

Topics: Performance management, Human resource management, Management Pages: 7 (2313 words) Published: February 15, 2013
CIPD Foundation Level 3 Assessment Cover Sheet
Centre Name: Bahrain Institute of Banking and Finance|
Candidate Name: Mohammed Ahmed Seyadi|
CIPD Registration No:8305004X | Unique Learner No (ULN): (if applicable)| Qualification Title: Level 3 - Human Resources Diploma|
Unit Title(s): Supporting Good Practice in Performance and Reward Managment Unit Code(s): 3PRM| Assessment Activity (and assignment title if applicable): | Date due for assessment:31/1/2013| Actual date submitted:31/1/2013| Extension requested:| Extension granted:| Revised Submission Date:| Candidate Declaration: * I confirm that the work/evidence presented for assessment is my own unaided work. * I have read the assessment regulations and understand that if I am found to have ‘copied’ from published work without acknowledgement, or from other candidates work, this may be regarded as plagiarism which is an offence against the assessment regulations and leads to failure in the relevant unit and formal disciplinary action. * I agree to this work being subjected to scrutiny by textual analysis software if required. * I understand that my work may be used for future academic/quality assurance purposes in accordance with the provisions of the Data Protection Act 1998. * I understand that the work/evidence submitted for assessment may not be returned to me and that I have retained a copy of my records. * I understand that until such time as the assessment grade has been ratified by internal and external quality assurance verifiers it is not final.| Signature: Mohammed Seyadi| Date: 31/1/2013|

Activity 1:
The business life today becomes more challenging for the companies and employees, where the organizations want to attract employees with high qualifications and professional experience with lower salary. On the other side the employees looking for jobs develop their qualifications with high (or reasonable) salary. And here is the challenge. This challenge could be managed by something called performance management, where it will give the balance to the relationship between the two sides. Performance management is process used to recognize, encourage, determine, evaluate, develop and reward the employee performance. And this will grease the circle and shrink the gap and toward achieving the organization objectives. Any effective performance management system must include these components: 1. Performance Planning: Performance planning is the first crucial component of any performance management process which forms the basis of performance appraisals. Performance planning is jointly done by the appraise and also the reviewer in the beginning of a performance session. During this period, the employees decide upon the targets and the key performance areas which can be performed over a year within the performance budget. This is finalized after a mutual agreement between the reporting officer and the employee. 2. Performance Appraisal and Reviewing: The appraisals are normally performed twice in a year in an organization in the form of mid reviews and annual reviews which is held in the end of the financial year. In this process, the appraisee first offers the self filled up ratings in the self appraisal form and also describes his/her achievements over a period of time in quantifiable terms. After the self appraisal, the final ratings are provided by the appraiser for the quantifiable and measurable achievements of the employee being appraised. The entire process of review seeks an active participation of both the employee and the appraiser for analyzing the causes of loopholes in the performance and how it can be overcome. This has been discussed in the performance feedback section. 3. Feedback on the Performance followed by personal counseling and performance facilitation: Feedback and counseling is given a lot of importance in the performance management process. This is the stage in which the employee...
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