Answer to Question #265868 in Management for Ben

Question

Discuss the rewards and performance appraisal components of a performance management model of an organization of your choice. 

Answer 1

Microsoft organization is implementing rewards and performance appraisal to managing employee performance. The major components of the performance management system model used in the company include the following:

Share rewards and recognition to motivate employees: Microsoft performance management model help employees to develop their career through giving rearwards, challenging goals, and training opportunities to increase the quality of their service and motivate them to achieve individual and organizational goals.

Conduct formal performance reviews and evaluation: the organization consider employee self-assessment, feedback from stakeholders, and observations to facilitate reviews and evolution for performance ratings as the main component of the performance management system