Dinasti International Journal of Economics, Finance & Accounting (DIJEFA)
Vol. 5 No. 2 (2024): Dinasti International Journal of Economics, Finance & Accounting (May - June 20

Exploration of Competency-Based Performance Management Practices in Driving Employee Career Development: A Case Study in the Financial Services Company

Fatimah Malini Lubis (Politeknik LP3I Jakarta, Jakarta, Indonesia)
Sami'un (Universitas Pendidikan Mandalika, Mataram, Indonesia)
Basyirah (Universitas Gajah Putih Takengon, Aceh, Indonesia)
Wenny Desty Febrian (Universitas Dian Nusantara, Jakarta, Indonesia)
I Ketut Kusuma Wijaya (Universitas Pendidikan Mandalika, Mataram, Indonesia)



Article Info

Publish Date
30 May 2024

Abstract

This article explores Competency-Based Performance Management Practices (CBPMP) within the context of driving employee career development, focusing on a case study in a financial services company. The literature review delves into the foundational principles of CBPMP, emphasizing its role in aligning employee skills with organizational goals and fostering continuous improvement. Key themes include the identification of core competencies, performance appraisal methods, and the integration of career development pathways. The case study offers insights into how CBPMP strategies are implemented and their impact on employee motivation, skill enhancement, and career progression. Findings underscore the significance of strategic alignment between performance management and career development initiatives for achieving organizational success and employee satisfaction. The article contributes to the existing body of knowledge by highlighting best practices, challenges, and opportunities in leveraging CBPMP to enhance employee performance and career growth in the financial services sector.

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Journal Info

Abbrev

DIJEFA

Publisher

Subject

Economics, Econometrics & Finance

Description

The author is invited to submit a paper for Dinasti International Journal of Economics, Finance & Accounting (DIJEFA). Topics related to this journal include but are not limited to: Accounting and financial reporting Audit Accounting management Taxation Corporate finance Personal finance Financial ...