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Performance of the Employees

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Added on  2020-12-18

Performance of the Employees

   Added on 2020-12-18

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Performance of the Employees_1
Table of ContentsINTRODUCTION...........................................................................................................................1Main Body ......................................................................................................................................1CONCLUSION................................................................................................................................5.........................................................................................................................................................5REFFERENCES..............................................................................................................................6
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INTRODUCTIONPerformance of the employees should be measured within the organisation so as toprovide necessary training and motivation which assist them to work effectively. Measuringemployee performance is critical for monitoring the progress of the organisation. It results inmeasuring the employees performance against their set goals so as to depict progress in theperformance (Austin, 2013). The chosen organisation for the project is Woolworth GroupLimited which is the largest company in Australia with extensive interest throughout the nation.The project is based on different methods and levels for measuring employees performance. As itis necessary for the organisation to measure the individual which automatically leads to analysethe progress of the organisation. Moreover it assist the organisation in framing and developingeffective strategies to improve the performance and leads to the realisation of goals.Main Body Performance Management is considered as a set of activities which ensures thatorganisational goals are met effectively and efficiently. It creates a harmonious work placeenvironment where individuals can perform to their best level so as to attain goals andobjectives. Therefore Performance Measurement is the process of collecting, analysing andreporting information regarding the performance level of employees, teams and organisation. Itis the process of evaluating how well performance within the organisation are managed and howthey deliver value to the customer and the stakeholders (Bogetoft, 2013). It is necessary for the organisation to understand different methods for measuring theemployees performance so that performance level of employees can be enhanced which leads toincrease in the profitability and productivity of the business. In order to measure the employeesperformance there are different ways to evaluate the progress. These are described as follows-Graphic Rating Scale- It consist of sequential numbers from 1 to 10 in order to rateemployees relative performance. Employees within the respective organisation are givennumbers on the basis of performance of job tasks as well as employees involvement in decisionmaking. It leads to effective measurement of employees progress towards attaining theorganisational goals and objectives. This method requires less time as numbers has to givenaccording to the employees performance.1
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