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Staff Performance Indicators

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Nursing

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Grand Canyon University

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Running Head: STAFF PERFORMANCE INDICATORS 1

Staff Performance Indicators

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Instructor

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STAFF PERFORMANCE INDICATORS 2

What type of staff performance indicators would you monitor to ensure you were meeting

your budget? How would you monitor these indicators?

Irrespective of the industry, when conducting staff appraisals, managers concentrate

incompetency in crucial aspects. Essentially, key performance indicators (KPIs) are the

components of an entity’s plan that outline the objectives and the timeframe for achieving them.

KPIs are measurable, outcome-based elements a firm uses to measure and determine whether or

not it is on track to meet the objectives (Kerzner, 2017). Staff performance indicators are crucial

in monitoring how effectively the employees are performing. Although implementing these

indicators may be challenging, when executed well can benefit both the employees as well as the

company. Therefore, tracking and measuring staff performance indicators is essential to the

success and growth of an organization.

One of the staff performance indicators that will be monitored to ensure that the

organization is meeting its budget is work quality. The work quality is an important indicator that

highlights the quality of staff performance. One of the most important ways of monitoring work

quality is through a subjective appraisal (Mayne, 2017). An important way to structure the

subjective appraisal is through the use of management by objectives. Management by objective

is an important model that is aimed at improving the overall performance of an organization

through translating the organizational goals into individual specific goals. The employee

performance, in this case, is assessed through periodical performance reviews using criteria that

evaluate the quality of their work (Mayne, 2017).

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Running Head: STAFF PERFORMANCE INDICATORS Staff Performance Indicators Name Instructor Institutional Affiliation Date 1 STAFF PERFORMANCE INDICATORS 2 What type of staff performance indicators would you monitor to ensure you were meeting your budget? How would you monitor these indicators? Irrespective of the industry, when conducting staff appraisals, managers concentrate incompetency in crucial aspects. Essentially, key performance indicators (KPIs) are the components of an entity’s plan that outline the objectives and the timeframe for achieving them. KPIs are measurable, outcome-based elements a firm uses to measure and determine whether or not it is on track to meet the objectives (Kerzner, 2017). Staff performance indicators are crucial in monitoring how effectively the employees are performing. Although implementing these indicators may be challenging, when executed well ...
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Tags: key performance indicators Staff Performance Indicators type of staff performance staff appraisals tracking and measuring staff