why performance management is important?
What is the importance of performance?
§ Regular feedback about performance Regular feedback facilitates better communication in the workplace. Performance Management helps you to identify your strengths and weaknesses. It also allows for opportunities to hear and exchange views and opinions away from the normal pressures of work.
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What is the importance of performance management?
Performance Management Helps to Boost Employee Engagement and Productivity. Engaged employees stay longer, actively involve themselves in the workplace and produce better results. Improving levels of employee engagement is key to boosting productivity and maximising ROI.
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Why is performance important in the workplace?
Measuring and managing employee performance is important because it gives you the ability to properly gauge worker efficiency, identify who is working hard and who isn't, determine how to properly compensate your workforce, and improve your workplace's overall productivity.
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