Employee Performance Management
Putting Together an Employee Performance Management Plan
Employee performance management is a cyclical process that should be directly linked to your company’s strategic objectives. The goal of an employee performance management plan is to make every staff member successful and to ensure that compensation reflects performance.
The annual employee performance management cycle has four distinct phases. Coaching, development and feedback should continue throughout the process.
- Goal Setting – Establishing individual goals related to company objectives
- Monitoring and Coaching – Providing feedback to enhance performance or adjust behaviours
- Evaluation – Conducting a Performance Review to discuss goals, recognize accomplishments and identify opportunities for improvement
- Compensation Planning – Determining salary increase and other performance rewards and incentives
How to Deliver Constructive Criticism
Employee Performance Management Bundles Available:
Individual Documents Available:
Note: The items below are all included as part of the Performance Management Toolkit.
Employee Development Template
Guidelines for Effective Feedback
Performance Appraisal Template
Compensation Planning Template