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Explain the purpose and components of performance management: CIPD Level 3, 3CO04 Essentials of people practice, Assignment, UK

Task 4 – 

4.1 Explain the purpose and components of performance management. 

4.2 Explain factors that need to be considered when managing performance. 

4.3 Explain different methods of performance review. 

5.1 Explain the key components of an effective total reward system. 

5.2 Explain the relationship between reward and performance.

 5.3 Explain the reasons for treating employees fairly in relation to pay

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