Competency

Meaning & Definition

Competency is a combination of an employee’s behaviours, skills, abilities, and knowledge that allow them to achieve effectiveness in their position. Competencies are important in the HR profession, defining what the different elements are needed to be successful in a position and how that position should be performed. Competencies are also included in the hiring process, performance measurement, and employee development.

Significance of Competency 

• Establishes clear job performance and success goals.
• Facilitates a structured recruiting process and the determination of role fit.
• Forms the basis for performance appraisal systems.
• Identifies skill gaps and training requirements.
• Facilitates equitable and consistent talent development and promotion practices.

Governance & Policy Alignment

There is no explicit statutory obligation that clarifies this term.

Competencies are generally governed by:

• Competency frameworks and role definitions.
• Performance management and performance appraisal policies.
• Learning and development policies and succession planning guidelines.

Identifying clear competencies provides clearer evidence of objective performance criteria and decreases sources of bias in performance evaluations.

For more info, visit: Performance Management Software