HR Glossary / Performance Management

Performance management regroups the principles and activities that aim to create, sustain, or enhance the performance and productivity in an organizational setting. Common performance management processes include coaching, monitoring performance, giving feedback, and rewarding. 

Why Is Performance Management Important?

Performance management enables organizations to align their objectives with their team and their individual goals. It allows employees and organizations to both thrive.

Some benefits of performance management include:

  • Keeping employees motivated and engaged;
  • Improve profitability;
  • Finding leaders within the company;
  • Enhancing productivity.

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