Georgia Approval of Performance Goal

State:
Multi-State
Control #:
US-CC-15-103
Format:
Word; 
Rich Text
Instant download

Description

This is an Approval of Performance Goal, to be used across the United States. It is a performance-based compensation goal for all Employees and Officers of a corporation. If one's performance meets the required goal mark, then he/she receives some type of extra compensation for that work.
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FAQ

A performance management policy frames a structure for all the people working under a company to agree and review the goals and objectives within the context of the company's overall development plan and their individual development needs.

A Performance Management Policy should include: The responsibilities of the employer and employees in the performance management process. The process for setting objectives and conducting performance reviews. The steps the organization will take to address performance issues.

The Georgia Tech Performance Management Process consists of a four-phase cycle: planning, managing, reviewing, and rewarding performance. The planning phase is the foundation of the entire Performance Management process. In this phase, individual goals and objectives are set for the performance period.

The policy should detail the criteria for good performance, the frequency and procedures for reviews, and guidelines for rewards and training. It should also emphasize open communication between managers and employees for ongoing feedback.

A Performance Management Policy should include: The responsibilities of the employer and employees in the performance management process. The process for setting objectives and conducting performance reviews. The steps the organization will take to address performance issues.

A performance standard is a management-approved expression of the performance threshold(s), requirement(s), or expectation(s) that must be met to be appraised at a particular level of performance.

Performance management is a critical supervisory responsibility. Through regular, objective feedback, supervisors educate, assist, and nurture employees in their personal and professional growth and help them achieve unit and university goals.

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Georgia Approval of Performance Goal