SAP SuccessFactors PMGM (Performance and Goal Management) is a cloud solution that will streamline the Performance Management and Goals process when fully implemented. SAP
SF PMGM helps align employee goals to overall business targets, conduct accurate and bias-free employee evaluations, recognize top talent – and continuously improve workforce performance. The steps involved in SF PMGM module implementation and management are: Define your Rating Scale, Finalize your Route Map, Create Goal Plan Template, Assign Goals to your Goal Plan template, Create PM Template, Link GM plan Template to PM form Template, Rating Scale and Route Map to PM Form Template, Launch the PM form template, Do Employee Review, Manager Review, Completion.
Advantages of SAP SuccessFactors Performance and Goals module are:
1) It will improve the performance review process by integrating seamlessly with Learning Management System as well as the Onboarding module (planned) and aligns with the overall strategic plan for career development, compensation planning and succession planning initiatives.
2) Improved productivity as it aligns employees to corporate goals, increase daily engagement, improve performance accountability and more efficient review process.
3) High Retention as it creates meaningful feedback, understand development needs and provide fair compensation adjustments.
In this self learned video paced you will be learned the below topics
Intro to mastery PMGM ( Performance and Goal Management ): Talent Management
• Learn Configuration of Performance Template
• Learn Configuration of Goal Template
• Learn Configuration of Routing Maps