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What Are The Principles And Procedures For Monitoring And Rewarding Employees?

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Danielle Joynson Profile
You are referring to something known as performance management in which employers use to evaluate their employees. They do this by monitoring them as well as rating their performance, planning and developing their abilities as well as reward them for good performance.

  • Monitoring
This part of performance management refers to the monitoring of employees over a lengthy period of time. While this is carried out the employee will sit down with the employee and explain how they think they are performing at that time and how they can improve.

  • Rating
This particular method is used in order to separate the types of workers in terms of performance. For example, if there is a stand-out employee then they may be one of the first workers to be considered for promotion or a wage raise. In addition, when an employee is informed of their rating they will be keen to keep up with the standard or encouraged to improve.

  • Expectations
This is the planning section of the management process which helps employees to reach a certain goal in terms of their ability. In most cases the employer will help the individual set out a plan and by the end of the duration they can go back and see if they met their quota.

  • Progressing
Workers within a company or business will always be encouraged to better their ability and develop their skills. Some management schemes may look at specific workers and pick out their weakest point so they can help them to improve on them.

  • Rewarding
This is the part of the scheme that allows the employee to benefit from their good performance. For example, if the individual has done well on each section of the evaluation or they have met their goals they may be rewarded with a pay rise.

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