What is Employee Performance Management (EPM)?

Employee performance is more than just completing the “dreaded” annual review in order to get the annual bonus or pay increase. It is an ongoing activity with the ultimate goal of improving both individual and corporate performance.

Employees set their objectives for the upcoming review period; monitor their progress against those objectives, and develop the right set of skills and objectives for the future.

Teamwork is the ability to work together toward a common vision. The ability to direct individual accomplishments toward organizational objectives. It is the fuel that allows common people to attain uncommon results. Andrew Carnegie (1835 - 1919)

The appraisal process is made up of three stages:

1. Goal setting – set goals and objectives for the upcoming review period
2. Evaluation – assess the employee’s performance against the established goals and objectives
3. Improve performance and skill development – career planning, training, personal development, coaching, mentoring and more