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Chapter 1: Performance and reward basics

Chapter 1: Performance and reward basics

pp. 1-21
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Summary

This is a book about two of the core activities integral in the field of human resource management: managing employee performance and managing how employees are rewarded. As we shall see throughout the book, there is a close and complex inter-dependence between these two activities; so much so that it makes little sense to consider them in isolation from each other. Equally, while the book’s central concerns are with performance and reward practices and processes, attention is also paid throughout to recognising and analysing the interconnectedness of these and other aspects of human resource management. Performance management systems provide inputs into other HR functions such as training and employee development, as well as evaluating HR decisions such as recruitment and selection.

Keywords

  • employee
  • performance
  • management
  • system
  • validity
  • reliability
  • cost-effectiveness
  • felt-fairness
  • efficacy
  • incentives

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