A performance management system (PMS) is a crucial tool for organizations to manage the performance of their employees effectively. It involves setting clear objectives, providing regular feedback, and evaluating performance against predetermined standards. The use of PMS has become increasingly popular as organizations recognize its value in improving productivity, engagement, and overall performance. Keeping this in mind, Pasona has created PRIDE PMS – a unique and secure tool to help organisations across the globe manage the performance of their people.
What is PRIDE?
PRIDE PMS is a multi-faceted performance management system that enables organizations to measure, evaluate and improve employee performance. It is cloud-based, customisable, secure and adaptable. The system has several modules that cater to different aspects of performance management, including goal setting, performance evaluation, feedback and coaching, and career development. It allows managers to monitor the performance of their team members in real-time, anytime, anywhere.
PLAN – Goal-setting: The goal-setting module allows managers to set clear and specific performance objectives (SMART goals) for their team members. The objectives can be aligned with the company’s overall business goals, and the system allows for cascading of goals from top to bottom, ensuring that everyone in the organization is working towards the same objectives.
REVIEW – Performance evaluation: The performance evaluation module of PRIDE PMS enables managers to assess the performance of their team members based on the goals that were set. The system provides a range of evaluation methods, including self-assessment, peer assessment, and manager assessment. The module includes qualitative feedback, helping managers identify areas of strength and weakness, and provides insights into how to improve employee performance.
INTERACT – Feedback and coaching: This module enables managers to provide regular feedback and coaching to their team members. The system allows for two-way communication between managers and employees, and hence enables employees to provide feedback to their managers as well. The continuous feedback and coaching helps employees to stay motivated and engaged, and ensures that they are aware of how they are performing.
DEVELOP – Career development: The career development module provides a platform for employees to set career goals, identify areas for development, and plan their career path within the organization. The module enables managers to provide guidance and support to their team members, and helps ensure that employees have the necessary skills and competencies to achieve their career goals.
EVALUATE – Reporting: PRIDE PMS has a comprehensive reporting system that provides managers with insights into the performance of their team members. The system provides real-time data on performance, empowering to make informed decisions and take corrective action if necessary. It also enables managers to identify performance trends and patterns, which can be used to improve overall organizational performance.
Benefits of PRIDE PMS:
Improved productivity: SMART goals, regular feedback and coaching, enabling employees to plan and manage their career development – all this leads to improved productivity for teh employees and the organization.
Increased engagement: PRIDE PMS helps to increase employee engagement by providing a platform for regular feedback and coaching, and enabling employees to plan and manage their career development. Engaged employees are more likely to be committed to the organization and its goals, which leads to increased overall performance.
Improved performance: A range of evaluation methods, including self-assessment, peer assessment, and manager assessment helps managers identify strength and weakness, and provide targeted coaching and support, which leads to improved performance.
Data-driven decision making: Access to real-time data enables managers to make informed decisions and take corrective action if necessary..
Improved retention: PRIDE PMS enables employees to plan and manage their career development within the organization. By providing a platform for career development, employees are more likely to stay with the organization, which leads to improved retention rates.
PRIDE PMS is a flexible and scalable performance management system that can be customized to meet the specific needs of different organizations. The system can be configured to include different modules and features, depending on the requirements of the organization. The system can also be integrated with other HR systems, such as payroll and learning management systems, to provide a seamless HR experience for employees. A valuable tool for organizations that are committed to improving the productivity and engagement of their employees, PRIDE PMS is another example of Pasona’s commitment to effective and efficient people management practices.
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