Dear Colleagues,
I am managing HR Dept in a Telecom vendor company sizing 60 Employees which is totally project based organization in which I have been asked to analyze Employees Performance and decide Incentive structure acording to it.
Concerns please help me out as how come I analyze the Employees Performance as it is solely depend upon the quantum of Project that too unfixed and on what basis and how should I design Incentive Scheme???
Awaiting your valuable expert comments or revert in this regard.
Best Regards,
Avneesh Mishra
From India, Mumbai
I am managing HR Dept in a Telecom vendor company sizing 60 Employees which is totally project based organization in which I have been asked to analyze Employees Performance and decide Incentive structure acording to it.
Concerns please help me out as how come I analyze the Employees Performance as it is solely depend upon the quantum of Project that too unfixed and on what basis and how should I design Incentive Scheme???
Awaiting your valuable expert comments or revert in this regard.
Best Regards,
Avneesh Mishra
From India, Mumbai
Metrics can be..
1. Qualitative
2.Quantitative
3.Timeline of project
4.Cost reduction in the project
5. Completion in Time
6. Individual initiative
7.Complexity of the operation faced
8.Skill Gap , Innovation required
9. Managing Externalities and internalities related with the Project
From India, Calcutta
1121. Qualitative
2.Quantitative
3.Timeline of project
4.Cost reduction in the project
5. Completion in Time
6. Individual initiative
7.Complexity of the operation faced
8.Skill Gap , Innovation required
9. Managing Externalities and internalities related with the Project
From India, Calcutta
Thanks Mr. Mukherjee,
How ever it would be more appreciable if you could share any relevant document pertaining to the same which can be used as a base to take it further.
Awaiting your valuable revert.
Regards,
Avneesh Mishra.
From India, Mumbai
How ever it would be more appreciable if you could share any relevant document pertaining to the same which can be used as a base to take it further.
Awaiting your valuable revert.
Regards,
Avneesh Mishra.
From India, Mumbai
No sir i am just a student of Calcutta university.
I have no such certificates, this are all what i learnt from books and paper and would like to learn more from experienced people like you.
If you find my concept is not clear, please do correct me in places. It would help me in not committing the same mistake in future..Do correct me, wherever you find my comments faulty, i would be very thankful to you sir..
From India, Calcutta
I have no such certificates, this are all what i learnt from books and paper and would like to learn more from experienced people like you.
If you find my concept is not clear, please do correct me in places. It would help me in not committing the same mistake in future..Do correct me, wherever you find my comments faulty, i would be very thankful to you sir..
From India, Calcutta
avneesh,
there will be several challenges:
1. people may work on different projects throughout their career.
2. training needs of each individual may vary.
you will need to track individual performance as per project SLAs,
next have a skill map in place.
next would be least a rudimentary sucession planning system
certain kpis could be generic for all/ fixed depending on challenges faced by your company/ niche wherein you operate/ etc..
challenges across ranks/ client needs will vary.
you will have to make several rough formats
--------------------------------------------------------------------------------------------------------------------------
From India, Delhi
there will be several challenges:
1. people may work on different projects throughout their career.
2. training needs of each individual may vary.
you will need to track individual performance as per project SLAs,
next have a skill map in place.
next would be least a rudimentary sucession planning system
certain kpis could be generic for all/ fixed depending on challenges faced by your company/ niche wherein you operate/ etc..
challenges across ranks/ client needs will vary.
you will have to make several rough formats
--------------------------------------------------------------------------------------------------------------------------
From India, Delhi
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Performance Management Vivid Facet Article.pdf
Using Bi-directional Performance Management.doc