Performance Management Process Development Steps
1. Determination of Organization – Wide Goals and Performance Management Objectives
2. Evaluation of Existing Performance Management System
3. Determine Type / Design of Performance Management System
· Common Components for Most Systems:
o Use Job Analysis to Establish and Define Behavioral Standards or Competencies
o Establish Performance Specific Skill Standards/Criteria and Job Goals/Objectives
o How Will System Impact Pay Adjustments/Incentives
4. Development of Appropriate Process, Mechanics, Forms and Policies
5. Managerial/Employee Training and Communications
6. Implementation of the Performance Management System (Actual Use)
7. Ongoing Evaluation/Audit/System Modifications
Base Compensation Planning Process Development Steps
1. Total Compensation Strategy
2. Project Planning and Management
3. Job Analysis
4. Job Documentation
5. Job Evaluation / Market Analysis
6. Pay Structure Development
7. Job Assignment / Slotting
8. Plan Communications and Implementation