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Performance Measurement& Reward Systems
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Company
2
Vision
To achieve excellence in all our activities, establish high
growth businesses in
Sri Lanka and across new frontiers, and become a globally
competitive marketleader in the region.
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Features of Existing PMS
Organization Structure
ManagingDirector
Director
General
Manager
AVP
Finance/Admini
stration
AVP
Engineering
AVP
Merchandising
AVP Food and
Beverage
General
Manager
General
Manager
General
Manager
General
Manager
Manager Manager Manager Manager
Assistant
Manager
Assistant
Manager
Assistant
Manager
Assistant
Manager
ExecutiveExecutive Executive Executive
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Aitken Spence Hotels
Aitken Spence Hotel Managements Pvt
Ltd. is a fully own subsidiary of blue chip
Aitken Spence PLC. Core business is managing star hotels
approx. 30 in Sri Lanka,Maldives,India and
Oman.
No of employee in the company 125
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Features of Existing PMS
Infrastructure
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Features of Existing PMS
Goal Planning
Performance Evaluation
Training and Development
Employee Leave Management
Employee Self Services
Employee Data Management
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The weaknesses
Existing Hsenid system is not userfriendly(Lack of technological
knowledge &
Generation gap)
Lack awareness and the commitment towardsthe existing system
The system is not matching the organization
culture
The customization of the appraisal format
according to the designation of the
employees.
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The weaknesses
Traditional appraising technique Rating scale
Corporate goals are not properly link to the
individual KPIs
Reward system is not aligned to the
performance appraisal system and some times
biased.
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Recommended System
Introduce MBO throughout thecompany
Develop Scorecards to measure
performance
Appraise the performance
against the Performance
indicators
Link individual performance tocorporate goals/ strategies
Company
Mission/Vision
Company Goals
Departmental Goals
Individual Goals
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Recommended System
GROUP 7 10
Individual PerformanceScore
Weight
Achievement of Team Goals 20
Achievement of IndividualGoals
20
Evaluation of Job knowledge& skills
40
Development Needs 20
Total 100
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Benefits from the New System
Benefits to the individual Motivation and satisfaction
Understanding of their own strengths and
weaknesses Training and Development
Promotions and rewards
Opportunity to discuss career direction Improved work
relationships
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Benefits from the New System
Benefits to the Manager/ Superior
Understanding of the subordinates abilities
Better management of the team/ department
To set team objectives
Opportunity to motivate the team
Future recruitments
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Benefits from the New System
Benefits to the Organization
Improved performance throughout the
organization
Increase in efficiency and productivity Culture of continuous
improvement
Increased loyalty
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Implementation Plan
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GROUP 7 19
THANK YOU!
