Developing KRA’s and KPI’s are an excellent method of monitoring and verifying staff performances as well as ensuring outputs are met effectively. Developing and implementing successful Performance management systems are imperative to a company’s success. Part of this system is a code of conduct. By implementing this, staff are advised exactly what is expected from them. It is a clear method of outlining practices and expectations that are acceptable to the company. Through regular monitoring and evaluation of employees, Management are able to verify that the Code of Conduct and other company policies are being adhered to. It enables management to provide feedback to employees, whether it be acknowledging good work through informal methods, e.g. after work social event, staff lunches, early mark. It can also be used to bring forth any issues that are impacting the employee or company negatively or underperforming. It can identify an employee that needs direction resulting in a development plan, coaching or mentoring. If an employee does require
Developing KRA’s and KPI’s are an excellent method of monitoring and verifying staff performances as well as ensuring outputs are met effectively. Developing and implementing successful Performance management systems are imperative to a company’s success. Part of this system is a code of conduct. By implementing this, staff are advised exactly what is expected from them. It is a clear method of outlining practices and expectations that are acceptable to the company. Through regular monitoring and evaluation of employees, Management are able to verify that the Code of Conduct and other company policies are being adhered to. It enables management to provide feedback to employees, whether it be acknowledging good work through informal methods, e.g. after work social event, staff lunches, early mark. It can also be used to bring forth any issues that are impacting the employee or company negatively or underperforming. It can identify an employee that needs direction resulting in a development plan, coaching or mentoring. If an employee does require