Managing Performance and Reward: PDP, Development Record, and Reflection
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This report discusses managing performance and reward through PDP, development record, and reflection. It covers topics such as employee benefits, base pay, and performance appraisal. It also highlights the importance of improving skills in time management, research, and learning.
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MANAGING PERFORMANCE AND REWARD
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TABLE OF CONTENTS INTRODUCTION...........................................................................................................................3 MAIN BODY...................................................................................................................................3 Development Record..................................................................................................................5 Reflection..................................................................................................................................10 CONCLUSION..............................................................................................................................11 REFERENCES................................................................................................................................1
INTRODUCTION Managing the performance of the companyis very important in order to increase their productivity. Along with this, the study will discuss PDP and development record in order to analysethe topic of learning. MAIN BODY PDP GOALSSIGNIFICANCERESOURCE S REQUIRED Success Criteria Dateof reviewand completion Timemanagement skill It will help in dividing task as well as help in achievingthem effectively. Selfinitiative supportlike proper planning, setting boundaries and delegatingas wellas outsourcing task. Success criteria will be manage bythe endof the course 25 days Interpersonal skillsIt will help in building healthyrelationwith theclient and other team members. Active listening. Responsibility. Teamwork. Dependability It will also be measuredby howwellthe skillis migratinginto my work life 1 month Earnaprofessional certificate It will contributein enhancingand Internshipin repudiated Sticking to the1 month
developing new skills.firm.training. Learn how to manage stress Itwillhelpin building concentration while working.Along withthis,itwill benefit health. APodcastto Practice Mindfulness. AnAt-Home Cardio Workout. Breathing assessment and sleep tracking 15 days Read booksItwillhelpin increasingknowledge regardingworkthat will helpin solving future issues . Books, journals Bytaking reading assessment test 1 month Learnnew technologies Itwillcontributein accomplishing companyobjective effectively aswell as boost productivity Internet computer Bytaking feedbackfrom the senior 3 moths Working on weaknessIt will help in reducing weakareaand convertingtheminto strength Practisingself awarenessas wellas keeping journalfor recording. Bytaking monthly test .2 months Public speaking and presentations skill Itwillhelpin becominggood speaker that results in grabbingpeople attention. Booksand journalsand computer. By participating in speaking competition 3 months CollaborationandIt will help in buildingByThrough15 days
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teamworkhealthyrelationwith other as well asallow individualtotake responsibility participating in group task feedbackfrom teacher Flexibilityand adaptability It will contribute in adjustingwiththe environment as well as todothetask effectively. PromoteSelf- Regulation. Through taking test 10 days LeadershipItwillhelpin developing personality Online Training Resources and Certificate Programs. By participating in group project 1 month Critical thinkingItwillcontributein solving hard solution. Bytaking problem solving lecture In the endof the course 2 months Development Record Key datesWhat did you do?Why?Whatdidyou learn from this? How have / will you use this 1 monthLearnabout managing performanceand reward.The performance managementcan bedefinedas processof As it will helpin learningabout managingthe performance while working as wellasto improvethe qualityofthe Throughlecture andpowerpoint presentation.I havelearnthe importanceof performanceand reward managementin Yes,It will help inbuilding strategic communication, relationship building, employee
managingand developing peoplethrough everycommon understanding. So thatitcan contributein accomplishing commongoals. Ontheother hand,reward managementis knownas appreciating employeesfor their work as well asto keepthem satisfyby fulfillingtheir needs. company.The reward managementhas taught me that if employee needis satisfiedthenit feelmore motivated (Wernerand Balkin, 2021). companydevelopment. 2 monthsGathered knowledgeabout strategic alignmentand psychological engagement. Moreover, strategy is needed by thecompany sothatitcan easilyattendit Itwillhelpin knowingabout theengagement that isnecessary to be met by the company in order toimprove their motivation. Along with this, I haveoptedfor thistopic so that Ihavelearned that in orderto meetthe organizational goalsaproper plan isrequired toaccomplishit. Alongwiththis, while makingthe strategythe companyhasto Iwilluse strategic approachsothat companycan easilyattend theirgoals. Alongwith this, strategicplan willcontribute indealingwith futurerisk.
goals.Although this strategy also includepolicy relatedtoHRM. Beforemaking strategy company needto analyse about externala dinternalfactor so that itreduce risk.Whereas phycological engagement consist ofwork behaviourand work attitude. itIcan understandabout humanresource strategy (Jaworski and et.al., 2018). analysisinternal externalfactor in ordertoknow threatsand opportunity.In addition to this,I havelearned aboutwork attitudesuch as motivation, organizational trustand justice. Ihavelearned about equity and goalssetting theory(Tweedie and et.al., 2018). Althoughinwill beusinggoal setting theoryin order toimprove my motivation. 1 monthI havelearned aboutManaging resultsinthe business.The waysof assessing the use offinancialand non-financial performance measures.Along with this,I have alsoanalysed about theissues relatedto I haveopted for this topic has my technicalskillis weaksoby learningabout toolsrelatedto measuringof success I will be abletomeasure thesuccessof company as well employees (Schleicherand Ihavelearned thatitis importantto analysethe performanceof companyso that itcanknow about theirweak and strong areas. Along with this, I cameacross varioustool that can be usedby company suchas I have used this bydeveloping thescorecard balance.
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aligningthe individualteam and organizational performance measurement. et.al., 2018).KRA and KPIas well asbalance scorecard ideal. 2 monthsIhavegain knowledge about performance appraisaland management.It helpscompany in identifying and assessingthe sourcesofdata and methods that areusedin performance appraisal. Althoughthere arevarious methodsfor performance assessmentand it helps in achieving organizational goals (Malik and Garg, 2020). Ihaveselected this topic so that I can identify the approachesthat canbeusedby company in order toincreasethe motivationof theemployees. Althoughitis necessaryso that goodoutcomes canbe takenout (Ojeme, 2020). Throughthe assessment I have learnthatitis important for the companyto increasethe performanceof theemployees sothatitfeel more motivated to workharder. Alongwiththis, Ihavelearned aboutmodel like spenceand spencericeberg modeland behaviour assessment model methods. I havemade use thisassessment a hashelpedin identifying strengthand weakness aswell asmy performance. 1 monthI havelearnedI haveopted forIhavelearnedIwillmakeuse
aboutreviewing, discussingand developing employee performance.I havelearned aboutthe potential cause of underperformance aswellas describe about the performance review meeting . this topic so that I canunderstand aboutthe variouswaysof increasingthe performanceof theemployees. Along wit this, it is necessaryfor thebusinessto lookafter about themethodsof improvingthe performance appraisalmethod (Bazymaand et.al., 2022). aboutthe importanceof appraisingthe employeesas well as whatare theimpactof negative feedback as wellways to managethe employees' underperformance . ofthismethod bygivingthe feedbacktothe employees so that it have idea about their performancee while working. 3 monthDuringthe assessment I have learnedabout basepay.It meansthebasic pay that isgiven by the company. Iselectedthis topicso thatI canunderstand theconceptof basic payas well as other ways Ihavelearned aboutbasepay andtwomain approachesthat hasbeenused while paying the incomesuchas positionand personbased. Along with this, I havelearned aboutthe advantageand disadvantageof I have not used this method yet.
base pay (Ojeme, 2020). 1 monthThroughoutthe taskIhave learnedabout employeebenefit inorderto understandthe rationaleof employeebenefit plansas wellas theirgrowing importance. Also, Igather knowledgeabout different ways of benefits. Ihavechoose thistopicasit wasone of the mostcrucialas well ascommon techniquesof engagingwith theemployee (Dalisay, 2019). During learning, I havelearned aboutthe advantageand disadvantageof employee benefit. No I havenot adoptedthis method. Reflection Throughout the assessment I have learnedabout variousmanagement method such as method ofmanaging the performance,physiologicalbehaviour ofemployees aswellas to reward. Along with this, I have gain knowledgeabout employee benefit and its importance inincreasingoverall growthofthecompany. I havealsoanalysed aboutbasepayit is basically a certain amountthat need to be givenbythecompany sothat employee can feel motivated to work hard. I have also learned about the ways to measure result such as by using tool like KPI and score card model that contribute in knowing the per formants of company as well as employees. In addition, top this, during the learning course I was feeling excited as Iwill get anopportunity oflearningabout various methodof management that is used by business. Moreover, while learning about the physiological behaviour of the employees I was bitten frustratedas theory andmodelrelatedto it isbitten confusing (Adeani, Febriani and
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Syafryadin, 2020). Along wit this, I was feeling happy in topic related to employee benefit as I already have knowledge about it. During the assessment I have also learned about strategy alignmentand it was bitten hard for me to understand as there are various factors that need to be considers while developing such asexternalandinternal. Along with this,duringthe assessment I have also analysed the importance of performance appraisal and the way it helps company inenhancing themotivationofemployee so that it can work hardin orderto accomplish organizationalgoals. Furthermore,during the assessment I haveidentified thatI need to developskillslike time management, research andlearningskill so that I can easily understandtask. Althoughmycommunicationskill is goodasI am able toshare my thoughts and ideas with other. Along with this, I need toimprove my reading skill so that I can evaluate as well learn things properly. In addition to this, in order to improve all this skill I havedeveloped PDP that will help me inaddress my issuesand achieving goalseffectively. Although in order tobuildresearch skill I will be taking a certifiedcourse as well asfind articles that are relevant tomy topic (Markkanen and et.al.,2020). For enhancingmytime management skill I need to develop personnel growth plan so that I can divide my task into small unitsand recordmytimethat was used while completing it. In addition to this,I will conclude ta throughout the assessment I have learned about the management areas and the way it contributesin successof firm. It has been summarized that Ineed to focuson myweak areas in order to improve my performance. CONCLUSION From theabovereportit hasbeenconcluded thatbusiness need toimprovethe functionalunitsin order toenhance their performance. Along withthis,the study has summarizedaboutPDP that help in chowing the areas of development and the ways to improve so that individual can easily attend its goals. Moreover, it has been depicted form the above report that development record is used to explainer about what has been learned during learning. Lastly, thestudy has concluded about reflection thatis consisted ofskill that an individual ha developduring the assessment.
REFERENCES Books and journals Adeani, I. S., Febriani, R. B. and Syafryadin, S., 2020. USING GIBBS’REFLECTIVE CYCLE INMAKINGREFLECTIONS OF LITERARYANALYSIS.Indonesian EFLJournal.6(2). pp.139-148. Markkanen, P. and et.al.,2020. A reflective cycle: Understanding challenging situations in a school setting. Educational Research.62(1). pp.46-62. Dalisay, L., 2019. Teachers' Mental Health in Relation to Personality Development of Students: Basis for Action Plan. Ascendens Asia Journal of Multidisciplinary Research Abstracts. 3(2I). Ojeme, A. I., 2020. Analysis of The Stages of Personality Development and The Implications for The Process of Education. Journal of Guidance.4(2). pp.156-166. Bazyma,N.andet.al.,2022.CreatingtheCorrectionalEnvironmentforPersonality DevelopmentofChildrenwithAutisticDisorders.BRAIN.BroadResearchinArtificial Intelligence and Neuroscience.13(1). pp.259-275. Malik, P. and Garg, P., 2020. Learning organization and work engagement: The mediating role of employee resilience. The International Journal of Human Resource Management.31(8). pp.1071-1094. Ojeme, A. I., 2020. Analysis of The Stages of Personality Development and The Implications for The Process of Education. Journal of Guidance.4(2). pp.156-166. Schleicher, D. J.and et.al., 2018. Putting the system into performance management systems: A reviewandagendaforperformancemanagementresearch.Journalofmanagement.44(6). pp.2209-2245. Tweedie, D., and et.al.,2019. How does performance management affect workers? Beyond human resource management and its critique. International Journal of Management Reviews. 21(1). pp.76-96. Jaworski, C. and et.al.,2018. The effects of training satisfaction, employee benefits, and incentivesonpart-timeemployees’commitment.InternationalJournalofHospitality Management.74. pp.1-12. Werner, S. and Balkin, D. B., 2021. Strategic Benefits: How Employee Benefits Can Create a Sustainable Competitive Edge. The Journal of Total Rewards. 31(1). pp.8-22. 1
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