The ongoing process of setting goals, monitoring progress, and reviewing employee performance.
Performance management is the continuous process through which managers and employees work together to plan, monitor, and review individual performance and contribution to organizational goals. It includes goal setting, regular check-ins, feedback, performance reviews, and development planning. Effective performance management aligns individual effort with organizational strategy, motivates employees, identifies high performers and development needs, and provides a defensible basis for pay and promotion decisions.
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