ANNUAL STOCK-TAKING OF PERFORMANCE
Annual stock-taking of performance is basically a performance audit function which apart from usual employee evaluations emphasize on measuring the proper alignment of performance results with the organizations’ and employees’ growth. For organization, stock-taking of performance helps in achieving the goals by optimizing staff performance, duly identifying the strengths and weaknesses. For employees, on the other hand it helps in providing guidance to perform their jobs and also help in defining their career path.
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