week 5Access the GCU Library. Locate a current and reliable source of information on the performance management cycle. Discuss the components of the performance management cycle and the frequency each component is conducted over the course of an annual performance management cycle.dq 2Max Points: 10.0Assume the role as the chair of the Recognition and Rewards Committee for an organization of 50 employees. Prepare a recommendation from your committee on how to allocate the $5,000 annual budget to maximize employee engagement and motivation. (Hint: Dont forget that non-monetary means of recognition and rewards can be just as effective as monetary means.)week 6Max Points: 10.0Discuss the components and purpose of types of leaves-of-absence, including FMLA, military, personal, and sabbaticals. If the leave type is mandated by law, discuss the employer responsibilities and benefits to the employee.Max Points: 10.0Managers share responsibility for employee performance and have an active role to play in the performance management cycle. Terminology that is often used to describe the actions of a manager in the performance management cycle include coaching, counseling, corrective action, progressive disciplinary plan, and termination. Define each of these terms, the circumstances under which they are utilized, and their intended purpose. You may also include a description of the terms and processes used by your organization.Access the GCU Library. Locate a current and reliable source of information on the performance management cycle. Discuss the components of the performance management cycle and the frequency each component is conducted over the course of an annual performance management cycle.dq 2Assume the role as the chair of the Recognition and Rewards Committee for an organization of 50 employees. Prepare a recommendation from your committee on how to allocate the $5,000 annual budget to maximize employee engagement and motivation. (Hint: Dont forget that non-monetary means of recognition and rewards can be just as effective as monetary means.)Discuss the components and purpose of types of leaves-of-absence, including FMLA, military, personal, and sabbaticals. If the leave type is mandated by law, discuss the employer responsibilities and benefits to the employee.Managers share responsibility for employee performance and have an active role to play in the performance management cycle. Terminology that is often used to describe the actions of a manager in the performance management cycle include coaching, counseling, corrective action, progressive disciplinary plan, and termination. Define each of these terms, the circumstances under which they are utilized, and their intended purpose. You may also include a description of the terms and processes used by your organization.