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Performance

MM Group performance system

The performance evaluation system

The performance evaluation system has been implemented in MM since 2010, with the aim of:

► Map out the roles and positions within the company’s work processes
► Plan and organise staff activities
► Improve staff performance and employees’ relationship with the organisation
► Develop staff potential and support employees’ career progression.

Staff performance appraisals play a strategic role within the Company, as they make a vital contribution to employees’ professional development, not least in relation to the evolution of the organisation.
The appraisal process involves all employees each year and consists of a meeting in which each manager assesses the results achieved and the skills possessed by the employee against what was planned the previous year.

Since 2011, MM has introduced a reward system for managers based on MBO (Management By Objectives), a series of quantifiable and objectively measurable objectives (of an economic nature, linked to project timing or process efficiency) through which began to pay the variable part of managers’ salaries on objectives strictly linked to the achievement of the company strategy.