Study On Establishing Employees Performance Management System For Guangzhou Savcor Co.

Make good of performance management and improve employees' performance, is the important warranty for an enterprise upgrades its whole benefits and strengthen core competence. Especially as a small-sized foreign-owned enterprise as Guangzhou Savcor Technologies Co., establishing a scientific and effective performance management system according to the actual situations of China and company, is the key for an enterprise's continuous development.Through employees interviews and questionnaire survey for performance appraisal system and employees' psychology tendency to current situations, this thesis analyses and tries to find out problems and shortage of Savcor performance system, and starts with preparation work in people's concept, company organization, job analyzing and performance index designing under the guidance of advanced theories of performance management and motivation. Especially, establishing performance management leading group above all the function Departments and reporting to the general manager directly help to realize strategic purpose of performance management and form a performance-oriented atmosphere within the company. Besides, the thesis also change original system which isolates performance appraisal, set up new performance management system including five sub-systems as performance planning, performance implementation, performance appraisal, performance feedback and performance results application and emphasize continuous communication and employees' participation. The thesis provides advices and concrete scheme on how to improve Savcor's performance management system.The research result and improving scheme are completed at 1^st quarter of 2007 and accepted by senior leaders of Savcor. New performance management system carried out at the 2^nd quarter. Though implementation time is not long, exhilarated effects are gained: employees' work enthusiasm step up, sales volumes increasing by 18% than the 1^st quarter of 2007, employees' turnover rate of 2^nd quarter 2007 is decreasing from 15% to 3% than the same period of last year, absent rate due to sick leaves is dropping from 7% to 1%. The scheme is facing some problems during the execution process, and they will be improved in future.