Landslide Limo: Performance Management Plan

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Performance Management Plan: Landslide Limousines HRM/531 Atwood and Allen Consulting MEMO DATE : TO : Landslide Limousines FROM : SUBJECT : Performance Management Plan “Once employees are on board, their personal growth and development over time become a major concern. Change is a fact of organization life, and to cope with it effectively, planned programs of employee training, development, and career management are essential” (Cascio, 2013, p. 287). Exploring the concept of training is important first before developing the framework of a performance management plan (PMP). According to Cascio (2013), “Training consists of planned programs designed to improve performance at the individual, group, or organizational levels” (p. 290), and this mean that for Landslide Limousines, we must place emphasis on the training and development of our employees. The strategy of Landslide Limousine is to operate with 25 employees with -$50,000 annual net revenue, with a growth of 5 percent for the first two years and an employee turnover rate of 10 percent. With these details, comparing the turnover rate to the national average of only 3.2 percent, the strategy for development should be straightforward, and the goal for the turnover rate should be easily attainable (U.S. Bureau of Labor and Statistics, 2013, para 1). The orientation process should most definitely include a face value introduction into the organizations performance philosophy. The skills needed by employees to carry out their tasks should dictate the PMP. There is extensive research that details factors of effective training (K. Kraiger, n.d.). Measuring employee’s skill levels, and the type of training that they will need is an important factor that must be explored prior to addressing and ultimately closing and skill gaps that an employee might
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