Competencies or talents are the foundation for people to achieve superior performance in any job. Competency based performance management system contains all the elements necessary for a highly productive and motivated workforce.
A system for effective performance management starts with the identification of critical positions; agreement on the top hard and soft skills required for those positions and then provides the hiring, promotion, training and evaluation practices necessary to put the right people in right job.
Competency/Skill Set Matrix are a framework through which one can assess and determine strengths as an individual or as an organization. It generally examines areas like individual strengths in a team, leadership and decision making. Defining competency/skill sets for a specific position/organization/candidate involves a lot of tough time and analysis. With HRMS these tasks are made easy where once you have created an Organization and requisition the competency/skill set can be selected with the list of competency/skill set available for the user in the system.
The user will also have the facility to Edit/Add/Delete competency/skill set With the help of requisition template same sets of competency/skill set can be used and altered for various positions.
The 4 different buckets in which competencies are categorized are Technical, Soft, Managerial and Domain.
Each skill has 5 levels of rating associated with it. The 5 levels are Beginner, Intermediate, Proficient, Advanced, Expert
These ratings are determined by considering a question to decide on the competencies for a particular position. “To what degree would less than superior performance in this position have a negative impact on our business”? Once it is determined, skills required in each level are added. This helps in clearing ambiguity.
Comprehensive data for competency/skill set available to choose from.
Edit/Add/Delete competency/skill set on a click
Create a centralized competency matrix for an entire organization
Rate the skill set by defining what each rating means
Provides a measurable framework to access candidates & carry out performance appraisal
Use competencies for seamless HR processes like Recruitment, training, appraisals and On Boarding