All about Performance Management
Why do you need Performance management?
There is enormous scope for improvement in efficiently utilising performance management to drive the growth of an organisation. Mercer’s 2019 report states that just 2% of companies think their existing PM system delivers exceptionally well for them. A well-managed performance management system has clearly defined goals and routine evaluations of each employee’s performance, which assists in creating the necessary training and development programs for the employees.
Benefits of Performance management
1. Early detection of potential issues
2. Assists in creating Training strategies
3. Clarity of employee roles and responsibilities
4. Avenue for exchanging feedback
5. Encourages employee reward and recognition
6. Increases Employee engagement
7. Improve performance through mentoring
How can we help?
PCL, a trusted Oracle partner, has successfully implemented various Oracle suites in different industries. We understand the needs of our clients and design the implementation so that our clients can make the most out of Oracle.
BGC Partners overcame payroll issues with an integrated, end-to-end Oracle Cloud HCM resulting in significant time savings, allowing focus on strategic initiatives.
The Riverside Group is one of the UK’s leading registered social housing providers, with over 3500 employees and over 75,000 homes