The meaning of performance management:
Achieving goals: performance appraisal is essentially a process management, not just an evaluation of results. It is a process of decomposing medium and long-term goals into annual, quarterly and monthly indicators, and constantly urging employees to achieve and complete them. Effective performance appraisal can help enterprises achieve their goals.
Digging the problem: Performance appraisal is a PDCA cycle process of planning, implementation, inspection and processing, which is embodied in the whole performance management process, including performance target setting, performance requirement achievement, performance implementation revision, performance interview, performance improvement and target resetting. It is also a cycle of constantly discovering problems and constantly improving them.
Distribution of benefits: the assessment unrelated to benefits is meaningless, and the salary of employees is generally divided into two parts: fixed salary and performance salary. The distribution of performance pay is closely related to employees' performance appraisal scores, so when it comes to appraisal, employees' first reaction is often the payment of performance pay.