Discuss below in a 400 words and use 1 reference
Managing employee performance provides a foundation for employee and organizational success. It coordinates many of the human resources (HR) functions together to create an interdependent dialogue on performance. Performance management systems allow organizations and employees to know their strengths and weaknesses. In this assignment, discuss the following:
• What are the components of a performance management system?
• How does employee evaluation support an organization's performance and help to create competitive advantage?
• What are some examples of employee motivational theories or techniques that maximize employee contributions?