A performance management system helps the organization in achieving its business targets by defining job descriptions of various positions. Job descriptions help in identifying Key Result Areas (KRAs) and Key Performance Indicators (KPIs). A fair performance management system should be based on more objectivity in the appraisal process, on reducing personal bias and should be linked to the overall objectives of the organization. PMS along with competency management are among the most critical tools that help bring about an overall development in the organization.
A job description identifies essential tasks that are assigned to a specific position in order to perform a particular role effectively. Peoplescope assisted many organizations in the write up of their effective job descriptions.
These are the broad areas where an employee should focus on to do his job effectively. Peoplescope has helped many organizations in identifying their KRA.
Key Performance Indicators are quantifiable measurements, agreed to beforehand, that reflect the critical success factors of a particular job . They will differ from one organization to another. They are, usually, aligned to organizational goals.
The annual raise is linked to the achievement of KPIs by the individuals. Promotion system is linked to the demonstration of next level of the required skills by the employees. Peoplescope helps organizations in setting pay levels and pay increases.
Where the purpose is determining the value/worth of a job in relation to other jobs in an organization. People scope has done many job evaluation exercises to different clients in the region.