In an era where people management is the heart of organizational success, having an HR system alone may no longer be enough. Sustainable organizational growth must begin with systematic human resource development and performance management. This is why modern organizations are increasingly turning to Performance Management Systems, as they enable organizations to track, measure, and develop employee potential in real time, rather than just waiting for year-end evaluations like in the past.
What is a Performance Management System (PMS)?
Performance Management System (PMS) is a system that helps organizations systematically and continuously monitor, measure, and develop employee performance, from goal setting, evaluation, feedback, to skill development and career growth planning. From goal setting to actual performance evaluation, this system’s main objectives are:
- Help employees know what they need to do
- Know where your performance stands against your goals (KPI/OKR)
- Receive feedback that can actually be used to improve yourself.
- Link performance to rewards, compensation, or growth opportunities.
Organizations that use a Performance Management System will help create a proactive organizational culture, where employees know their roles and responsibilities and work together to drive the organization’s goals in the right direction.
Problems that Thai organizations often encounter when they do not have a good performance management system
Many organizations in Thailand may not have a system for human resource management and often encounter these problems when there is no Performance Management System.
- Performance evaluation has no standards. Performance is measured based on feelings.
- Employees do not have clear goals and work in a “day-to-day” manner.
- The boss has no tools to help track performance in real time.
- Performance cannot be transparently linked to bonuses, commissions, or salary adjustments.
- Employee development is difficult because there is no in-depth data to analyze.
COACH HCM: A system that integrates Performance Management System into one system
1. Set flexible KPI/OKR targets.
COACH HCM allows you to set a variety of KPIs, including individual KPIs, departmental KPIs, and enterprise-level OKRs.
Supports goal adjustments to suit changing environments at any time.
2. Track your work in real time.
No need to wait until the end of the year to know who is performing well or not. COACH HCM has a dashboard that gives executives and supervisors real-time visibility into their team’s performance, enabling them to adjust plans and provide timely recommendations.
3. Feedback
COACH HCM has a system that allows supervisors to provide feedback at any time, without having to wait for annual evaluations. This helps create a culture of continuous improvement, suitable for organizations that want to focus on developing employee potential.
4. Connect to the Payroll system
COACH HCM can accurately link Performance data to Payroll Solutions.
Helps make bonus calculations, salary adjustments, or commission payments transparent and auditable.
5. Collect data in HRIS Systems
Employee performance data is recorded in COACH HCM’s HRIS Systems , making it easier to plan development, Training / Succession Plans, and know which employees have the potential to grow within the organization.
If you are looking for a Performance Management system that is easy to use, customizable, and integrates with other online HRM processes such as Payroll, Employee Management, and Learning & Development.
COACH HCM is the right answer for your organization.