EMPLOYEE PERFORMANCE METRICS

INTRODUCTION
This is the key in tracking how well employees are performing. Setting
them up right way is complicated. However, when done right, employee
performance metrics benefit both the organization and the employee.
Measuring employee performance and continually improving it, is of
significant importance to any organization. Performance management helps
support the daily work of employees with the intentional goals of the business
and supports compensation and support decisions, helps identify areas where
skill development is needed, and helps monitor productivity and quality of work.
As such, effective performance management also contributes to the
overall job satisfaction of workers and ultimately to retention. Key to functional
performance management is the measurement of relevant employee performance
metrics. For most businesses, these include helpfulness, efficiency, quality of
work, innovative thinking, and adherence to company values.