Performance Management and Reward Systems in Context

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Performance Management and Reward Systems in Context by Mind Map: Performance Management and Reward Systems in Context

1. 1. Definition of PM

1.1. Continuous process

1.2. Alignment with strategic goals

2. 2. Contribution

2.1. Motivation to perform is increased

2.2. Self-esteem is increased

2.3. Managers gain insight about subordinates

2.4. ...

3. 3. Disadvantages of Poorly Implemented PM Systems

3.1. Increased turnover

3.2. Use of misleading information

3.3. Lowered self-esteem

3.4. ...

4. 4. Definition of Reward Systems

4.1. Base Pay

4.2. Short/long terms Incentives

4.3. Income Protection

4.4. Allowances

4.5. ...

5. 5. Aims and Role of PM Systems

5.1. Strategic purpose

5.2. Administrative purpose

5.3. Informational purpose

5.4. ...

6. 6. Characteristics of an Ideal PM System

6.1. Strategic congruence

6.2. Context congruence

6.3. Thoroughness

6.4. ...

7. 7. Integration with Other HR and Development Activities

8. 8. Performance Management Around the World

8.1. Case Study