Employees’ performance management system of Krishibid Group

Abstract

In 2001, Krishibid Group started its journey with a group of agriculturist to create a significant development in the agriculture sector of Bangladesh. Today, the company owned total twentysix companies which are sister concerns of KG. Mainly, the owner or shareholders of the companies are the agriculturists of Bangladesh, who have a large number of investments. It is the platform where agriculturists work together for the development of agriculture sector and making a good profit for investors. The objective of the report is to analyze and investigate the factors and parameters that are responsible for enhancing and influencing employees' Performance Management System in KG. Some important responsible factors and parameters are influencing, controlling and enhancing the employees performance and organizational performance. The indicators are as follows: analyzing the enhancement indicators of performance management, evaluating a clear understanding of PMS among employees, investigating the effect of organizational factors towards PMS. The barriers of productive performance, examine the clear understanding of job responsibilities among all the employees, observing the appreciation of excellent performance from management, analyzing the job security and future growth in the organization. Additionally, the indicators of PMS are also focused on compensation and promotions based on employee engagement and performance level, employees’ freedom to a disagreement regarding feedback decisions with employers and the last is employees overall suggestion on how performance can be better in the organization. The highest enhancement of employee’s performance moved an organization toward the accomplishment of mission and vision, which is a primary objective and focus of KG.