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What is Competency-Based Performance

Competency-Based Performance: The management employs a list of essential skills and knowledge, termed as competencies, to compute an employee's on-the-job performance. This management practice concerns on the skills and characteristics of working staff to find out their on-the-job strengths and recognize regions that need enhancement. Managers employ competency-based performance management to enhance employee effectiveness and morale, and to decrease the costs of training employees by pinpointing and developing the particular skills required to execute a business task or job.

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