Basics of a Talent Management Program 3 of 3
The Basics of a Talent Management Program
Review
The final stage of the program involves the employee’s performance evaluation
for the pre-determined period.
Employees may receive a promotion or another form of compensation in case they have been able to meet their
set goals.
On the other hand, the employer re-evaluates the need for their services in case they underperform.
The employer also discusses the performance review documents with the employee to
create future plans and goals.
Summary
There are five stages in a performance management program namely
- Preparation
- Observation
- Feedback and assistance
- Appraisal
- Review
Read from part 1 on The Basics of a Talent Management Program.
1 | 2 | 3
See other knowledge base articles on Performance Appraisal Blog Page