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    Human Resources (HR)

    Meaning and Definition of Performance Planning

    Performance planning is primarily an executive process that aims at ensuring which performance of the employees is maintained over the year as required by...

    Limitations / Disadvantages of Performance Management System

    The disadvantages of PMS are as follows: 1. Risk of Internal Competition: Under this system, employees compete with each other for job status, position, and...

    Role of Performance Management System

    Some of the major roles of the performance management system are as follows: 1. Enables Goal Alignment: The performance management system enables the alignment of...

    Objectives of PMS

    A well-designed formal performance management system has to achieve the following objectives: 1. Human Resource Planning (HRP): Performance appraisal information provides valuable input for skills...

    Characteristics of an Ideal PM System

    Companies use performance management systems to evaluate employees’ efficiency at work and ability to perform certain tasks, either by automated or human processes. These systems...

    Meaning and Definition of Performance Management System (PMS)

    Performance Management System (PMS) is the soul of any process designed for “people management.” Organizations exist to perform. If individuals manning the organization do not...

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