Performance Management is the process for planning, monitoring, and assessing an employee’s work objectives and overall contribution to the organization. It involves aligning an employee’s skills, competencies, and development plans with the overall business strategy to plan work and set expectations.
Benefits of Performance Management
Cornerstone Performance helps organizations effectively manage, develop, assess and reward employees. It automates and improves processes around performance reviews, goal management, competency management, and development planning. Cornerstone's performance management system enables employees to control their own professional development through continuous, real-time feedback and intuitive goals management, and gives managers and easy and effective way to review and develop their people.