Performance Management and Reward Systems

Performance = Results + Effort + Growth

• True

• False

Performance management is a continuous process of identifying, measuring, and developing the performance of individuals and teams and aligning performance with the strategic goals of the organisation.

• True

• False

Which of the following is NOT a purpose of PM Systems?

• Administrative

• Strategic

• Organizational Maintenance

• Intelligence

Definition of Reward Systems - Set of mechanisms for distributing tangible returns and intangible or relational returns as part of an employment relationship

• True

• False

Cash compensation is a form of intangible returns under the reward systems. True or False?

• True

• False