Question

QI "Performance management system is a key to competitive advantage of an organization".
Justify the given statement.​

Answer 1

Answer:

• Performance reviews help document salary actions.
• They provide feedback to employees on their performance.
• Performance reviews help identify “good” and “bad” performers.
• They help document personnel decisions, such as promotions and discipline.
• They assist management in making a decision to retain or terminate.
• Performance reviews help identify training needs.
• They assist with personnel planning including staffing.

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