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Paper Details

Paper Title
Performance Management
Abstract
There are millions of organizations in the world and more are getting registered every single day. These organizations can be public, private, small, big, functional, or committee depending on the founder of the organization. The basic purpose of all these organizations is to earn multiple times than the investment and make their mark in the world. In order to achieve their purpose, organizations place some selected goals and objectives for themselves and hire employees who can help them reach and achieve their objectives. These employees work day and night and try to achieve success. Organizations very carefully select these employees who are very skillful and experts in their area of expertise. Further, most of the organizations give their employees proper training and development to keep them on track. But, still this careful selection and proper training does not guarantee that the employees will perform their responsibilities effectively. In order to keep the employees motivated and enthused in the organization goals and objective, these employees should be given bonuses and rewards for their hard work. These rewards and bonuses should be specifically given on the basis of their performance so that the employees will compete with each other and excel in their skills. The harder and effective the employees perform, the more successful the organization will become. As there are millions of organizations present in the world, so they are always in competition with each other. Due to this competition, the organization demands to have effective performance management systems as they are essential for their employees as well as for their productivity and objectives.
Keyword
organization, employees, goals, competition and performance.
Others Details
Paper Id : 74024
Author Name : Aamir Sohail
Co-Author Name(s) : Wiqar UllahMohammad AdilAbdul WaheedFawad Khan
Volume/Issue No : Volume 06 Issue 05
Page No : 98-100
DOI Number : DOI:10.21090/IJAERD.74024
License : This work is licensed under a Creative Commons Attribution 4.0 International License.
website : http://www.ijaerd.com/index.php
Impact Factor : 5.71, SJIF-2017
ISSN Details : eISSN: 2348-4470, pISSN:2348-6406
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