Performance management isn’t about annual reviews — it’s about creating a system where employees consistently deliver against business objectives. Organizations with effective performance practices see higher productivity, lower turnover, and stronger financial results. By setting clear goals, providing regular feedback, and using performance data strategically, HR leaders can directly impact revenue growth and workforce efficiency.
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Key Data & Trends
61%
HR pros report that fewer than half of managers effectively address underperformance or improvement areas among direct reports
43%
HR pros say their organization does not provide adequate training and resources for managers to conduct effective performance reviews
62%
U.S. workers say they receive timely feedback from their manager
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Latest News
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Member Resources
This article gives and overview and additional resources on performance management.
Learn how to create a performance improvement plan (PIP) for an employee using this step-by-step guide.
Progressive discipline policy and procedures to provide a structured corrective action process
Use this quick guide to learn what you need to know about performance appraisals.