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An Evaluation of the Performance Management System in an Irish Pharmaceutical Company.

Kennedy, Siobhan (2005) An Evaluation of the Performance Management System in an Irish Pharmaceutical Company. Undergraduate thesis, National College of Ireland.

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Abstract

This dissertation examines the subject of Performance Management. The nature and value of performance management is assessed in terms of its contribution to organisational effectiveness. Organisations today are more aware of the important role employees can play as a source of competitive advantage. Organisations are implementing human resource management (HRM) policies and practices which promote productivity and efficiency, one particular HRM practice is the use of performance appraisal systems, a tool used to motiviate employees to improve performance and productivity.

Performance management is a long established process and has developed over time from the old merit rating systems to the strategically integrated systems being utilised in
organisations today. Research indicates that organisations today are paying far more attention to the process of performance management and that there are a wide and varied
range o f methods and designs of performance schemes that organisations can adopt.

Linking performance to reward is a problematic area and critics in the field suggest that employers abandon any link between performance management and reward and focus on
employee development instead if they are to realise the potential developments. These issues are researched and investigated both through the current literature and a survey of an Irish Pharmaceutical company. The survey is supported through the use of interviews.

The findings from the research study show that there is a commitment to the performance management system being used by the company in question and results in general were very positive particularly in relation to goals and objectives and the link between the performance management system and the culture o f the company. The already identified problematic area of performance and pay was also evident from the results.

Item Type: Thesis (Undergraduate)
Subjects: R Medicine > RS Pharmacy and materia medica
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management > Human Resource Management > Performance Management
Divisions: School of Business > BA (Honours) in Human Resource Management
Depositing User: Clair McAuley
Date Deposited: 14 Aug 2012 11:20
Last Modified: 14 Aug 2012 11:20
URI: http://trap.ncirl.ie/id/eprint/660

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