Question

Evaluate the growing trend in the use of ICT in the 21st Century for HRM professionals and how organisations may need to adjust training & development and performance management to meet the changing needs of employer and employee.

Answer 1

The need and importance of employee performance management system:

• ·       This enables to sustain the profitability in the target market.
• ·       Enables us to link the employee compensation payment to his competency.
• ·       It provides growth opportunities & career advancements.
• ·       It gives employees equal opportunities to explore their talents and grow under structured conditions.
• ·       Emphasis on job satisfaction and career satisfaction to the employees.
• ·       Effective Training fosters growth and increases loyalty in the employees.

• Representative motivating force designs are generally utilized in associations to adjust worker conduct toward the corporate methodology. From the HR perspective : The significance of worker motivating forces :

·        Incentives and benefits encourage employee to perform better than their current state of performance.

• ·        It serves as a motivational factor to strive for the 11^th mile.
• ·        It makes the parameters and objectives achievable to the employee and increases their standards.
• ·        It promotes and boosts morale in the employees.
• ·        Emphasis on team working and growing to gather as a group is an essential factor in organizations.
• ·        Additional benefits of incentives are that they reduce employee turnover as employee feel satisfied with their compensation.
• ·        It manages the employee demand and trade union demand.