Monitoring performance is important because it helps companies determine how efficiently their employees are working, which allows the management to make changes that benefit the company. Monitoring performance makes it possible to catch mistakes early and make fixes to work practices that help both the employee and the entire business.
When a company monitors performance, it means that they watch over their workers and determine how well each of them is performing his or her job. If, for instance, an employee is not working as quickly, safely, or efficiently as the company would prefer, then the company is able to make suggestions or important changes to help the employee work at full capacity and ultimately be a greater asset. Similarly, the company is then able to see which workers are working hard and deserve either compliments or greater compensation.
There are also benefits to performance monitoring where the employee knows he or she is being monitored. When employees know that they are being evaluated and their output is being monitored, they are more likely to work hard to be seen as a good worker and potentially move up in the company. Employees often want to know how they can do their job better, and performance monitoring has proven to be beneficial to both the work environment of the employee and the overall performance of the company.