Performance Management is a process for establishing a shared understanding about what is to be achieved at an organization level. It is about aligning the organizational objectives with the employees' objectives, in terms of their skills, competency level, and expected results. The emphasis is on improvement, learning and development in order to achieve the overall business strategy and to create a high performance workforce.
It communicates to people:
By setting clear targets both in competency levels and results performance management system improves individual, team and organizational performance
By giving clear promotion steps, objective developmental feedback, opportunity for further professional development and chance to give their opinion, performance management acts as both motivational and developmental tool.
As part of HR Due Diligence we conduct a thorough evaluation of the current state of human capital, the HR system and procedures within your or your partner organization, or the organization you may be interested in buying. It is well known that in large organizations we can find a lot of procedures and decisions which are not properly updated and suitable to respond to new legal requirements and also not in alignment with the latest business trends. With our analyses and investigation of the actual situation, we can help you to see all risks and to make better decisions.
The results of our analysis are provided in a report, which highlights the current and potential needs and supports trouble-shooting in your organization.
PwC team provides support in HR change management and post – merger or acquisition integration. We provide advice and support with the process of managing organizational change. In a post M&A environment, optimizing the HR structure and process to best fit the new organization is critical.
We assist with defining and aligning new organizational cultural values, including internal communications, and enabling their easier acceptance within the organization.
Outplacement is a proactive assistance programme for employees facing job loss. The outplacement programme expands the knowledge and skills of employees in order to widen their access to the job market and ensure successful participation in the new employer selection process.
Successful outplacement programmes enhance the organisation’s reputation, both external and internal. To make the programme more effective, we use a tailor-made combination of individual and group support. Please find below our Outplacement standard approach.
Senior Manager, People & Organisation, PwC Serbia