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Title:How performance appraisal process work | Performance Management | HCM
Duration:39:19
Viewed:1,631
Published:18-05-2021
Source:Youtube

Understand what is performance appraisal process and how it works. This module is part of Talent Management module in HCM or Human Capital Management. this process is essentially between employee and their manager where manager evaluates or assesses the performance of their direct reports on these criteria: Core values Personal Goals and Company Goals Competencies Job Responsibility The process starts with when employee does self evaluation and then manager does the evaluation of employee's performance. After this there is a review meeting between employee and manager and after that the process if finalized. The review ratings or Performance appraisal that are given to employees are then sent to Compensation Module where the salary increment is given based on rating matrix. Chapters: 0:00 Overview 3:17 Evaluation Criteria 12:30 Understanding Performance Appraisal Cycle 22:35 Initiating Review 25:45 Adding Review Criteria 27:46 Self Evaluation 31:24 Manager Evaluation 33:18 Employee and Manager Discussion 34:38 Employee Signs 35:18 Approval 37:00 Finalize If you are interested in HCM training videos across modules such as Core HR, Payroll, TLM, Benefits, Performance Management, Compensation Management, Recruitment then visit https://peoplesoftconcept.blogspot.com/ How COBRA Act works in US https://youtu.be/ZPZZ2pfF4Dc How Self-Service Works in TLM https://youtu.be/-DKJb5Kzg9s What is Human Capital Management https://youtu.be/qmUNwCbCuAo Implementing Recruitment Module https://youtu.be/3Kss_bRvBUI How ACA (Obamacare) Works https://youtu.be/i31Cfa7frmY How retirement plans (401k) work in US https://youtu.be/C7VTJhEJcV0 Decoding General Ledger https://youtu.be/ZC_p_X23VFM Setting up FLSA in PeopleSoft https://youtu.be/dmGQriF9Khk Peoplesoft to third party integration using Web Services https://youtu.be/Ugv1aTgeyUo



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