Measuring Employee Performance

In an earlier post I suggest the use of Pay for Performance

A fundamental aspect of using Pay for Performance is measuring performance. How do you measure the performance of your employees? Do you have objective and SMART metrics? In the event you use some type of metrics to measure performance, you need to evaluate if they are appropriate for Pay for Performance. If not, you might need to refine them.

If you do not utilize objective measures to gauge employee performance, your evaluation of an employee’s performance  is not comprehensive. Entrepreneurs might want to re-think the performance measurement and evaluation process in their company before thinking about Pay for Performance.

If we can assist you, please contact us at Patel CFO Services at www.patelCFOservices.com

Ravi Patel

www.patelCFOservices.com

Advertisements

The URI to TrackBack this entry is: https://bloggerravi.wordpress.com/2009/04/28/measuring-employee-performance/trackback/

RSS feed for comments on this post.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: