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Performance Management Policy

It’s crucial to have a performance management policy to hold employees accountable and empower them to achieve maximum success. Here’s a template you can adapt.

POLICY

ABC Company is committed to providing an environment where all employees understand the impact of their contributions on the achievement of Company goals and are provided the opportunity for ongoing personal growth. In pursuit of this commitment, ABC Company has implemented a performance management system to empower employees to have greater input to their personal career progression and enable managers to better identify, recognize, and reward individuals based upon an agreed set of criteria.

PERFORMANCE MANAGEMENT SYSTEM

The ABC Company Performance Management Process consists of a four-phase cycle, as described below:
2.1 Phase 1: Planning
During the planning phase, individual goals and objectives are set for the performance period. Such goals are based on the principles of SMART (specific,...

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