PMS CAREER PLANNING, CAREER DEVELOPMENT, AND SUCCESSFUL PLANNING

We have already discussed about intrinsic motivation of managerial level employees and also to ensure their retention. Organizations globally are now making use of career planning, career development, and succession planning. This is particularly important for managerial level employees. Many organizations have their own structured career plans or career progression path. Employees depending on their level of performance rise through the career ladders. However, today's business volatility has increased the pace of job mobility, particularly for those who are excellent performers. Effective performance management systems can track such excellent performers and can further nurture ...

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