Employee performance evaluation and compensation management

Author: Li Jian
Publisher:
Publish Date: 1999-10-01
Features: If you want to reward high-performing employees, what criteria should you use to evaluate them? If some employees' actual capabilities differ from job requirements, how significant is the gap? What kind of training should be provided? If an employee is up for promotion, what criteria should be used to assess them? If you need to terminate an employee, how should you address their questions? All these questions have only one answer—employee performance appraisal and compensation management! Whether or not there is a system in place, business operations always require regular evaluations of people. Without a systematic assessment of performance and capabilities, we can only rely on the opinions of frontline supervisors for personnel decisions. Any negligence or oversight can lead to unfairness, dissatisfaction, damage to morale and efficiency, and more. Therefore, capable business leaders adopt personnel assessment systems to objectively and fairly evaluate employees' capabilities and performance.