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1- Increase rating accuracy and workplace productivity by differentiating performance2- Enforce Goal Alignment3- Actually Do Something with Employee Development Plans4- Enforce Consistent HR Performance Guidelines5- Provide Universal Access to Performance Information6- Get Better Data and Better Results7- Encourage Proactive Communication8- Beat the “Annual Because it’s Manual” Mantra9- Improve Employee Engagement with “Social Networking” Collaboration10- Retain your Key Contributors
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In simple words, a good PMS system can reduce attrition of key employees, increase productivity and help the company achieve more!