Performance management

(404-3) We have a Performance Management process that generates opportunities for discussions between employees and leaders on the advance and achievement of proposed objectives, identifies strengths and opportunely defines improvements that contribute to employees’ growth and to the achievement of Company objectives.

In 2020 we redesigned the Performance Management Program around the new challenges we faced, meeting employee expectations and responding to the permanent search for the best practices for the continuous improvement of our processes. The main changes we made were:

Adaptation and improvement of the Success Factors platform used to evaluate performance.

Simplification of the evaluation scale.

Adjustment of the objectives and competences weightings.

Inclusion of other perspectives in our process (Ask for feedback and self-evaluation).

Strengthen communication between leaders and employees, in such a way that employees become responsible for their development.

100% of the GeoPark team had a performance evaluation in 2020