Understanding professional supervision practice Essay
4.1 Performance Indicators are quantifiable measurements, agreed to beforehand, that reflect the critical success factors of an organization. They will differ depending on the organization.
Whatever Performance Indicators are selected, they must reflect the organization's goals, they must be key to its success and they must be quantifiable (measurable). Performance Indicators usually are long-term considerations. The definition of what they are and how they are measured do not change often. The goals for a particular Performance Indicator may change as the organization's goals change, or as it gets closer to achieving a goal.
As Performance Indicators reflect the organizational …show more content…
Stage 4 - Reward
If all of the objectives have been met, stage 4 of the performance management cycle is to reward employees. Reasons and types of rewards will be discussed during stage one when objectives are outlined.
Stage 5 - Renew
The final stage of the performance management cycle is renewing. This can involve analysing the previous objectives and looking at ways to improve on them and how to plan for the next cycle. Methods of rewards can vary from an annual bonus to share scheme options, or access to increased training and development opportunities that are part of the organisation’s goals.
4.3 A number of methods can be used to measure an individual’s performance. Regularly scheduled employee assessments can help support the individual throughout the year, leading to their annual appraisal. Evaluation of employees using both general and job-specific duties and expectations can be completed using comprehensive assessment forms based on official job descriptions, using input from departmental supervisors. This helps ensure that employees are evaluated on overall attitude as well as job-specific knowledge. It is important to establish a standard rating system to make it easier to compare employee performance against previous and current data, referring