1. Unit 13 HRM in Business
Assignment 4

2. Learning Objective
Today’s learning objective is: To be able to understand how employee performance is measured and managed and used to inform employee development

3. P5/M3/D2 Learning Outcomes
All WILL be able to explain how employee performance is measured and managed
All SHOULD be able to explain how the results from measuring and managing performance inform employee development
All COULD be able to assess the importance of measuring and managing employee performance at work
Learning Objective: To be able to explain/assess how employee performance is measured and managed and used to inform employee development

4. Measuring Performance
Performance indicators (achievement against targets)
Goal theory
SMART targets (sales targets, growth targets, financial targets, waiting times, pass rates, punctuality, attendance)
Benchmarking
Learning Objective: To be able to explain/assess how employee performance is measured and managed and used to inform employee development
Learning Objective: To be able to explain how employee performance is measured and managed

5. Managing Performance
Probation
Appraisal
Supporting employees
Occupational health
Managing workloads
Delegating authority
Responsibility
Capacity
Competence
Autonomy
Linking rewards to performance
Discipline
Employee development
Learning Objective: To be able to explain/assess how employee performance is measured and managed and used to inform employee development
Learning Objective: To be able to explain how employee performance is measured and managed

6. (M3)
Continue your report by explaining how the results from measuring and managing performance inform employee development at Spirax Sarco.
You will need to:
Explain how they measure and manage performance as well as how this is used to further develop each individual.
Identify suitable performance indicators to use with individual employees and show how the individual’s performance can be improved through the use of performance management.
Learning Objective: To be able to explain/assess how employee performance is measured and managed and used to inform employee development
Learning Objective: To be able to explain how employee performance is measured and managed

7. (D2)   
You need to assess the importance of measuring and managing performance at work.
What are benefits and drawbacks to Spirax Sarco? You need to make judgements about the value of monitoring and managing employees.
The benefits of performance management should be contrasted with the consequences of failing to manage performance.
Learning Objective: To be able to explain/assess how employee performance is measured and managed and used to inform employee development
Learning Objective: To be able to explain how employee performance is measured and managed