Performance management focuses on identifying skills gaps, offering feedback and training to address them, whereas performance appraisal measures past performance for decisions about promotion, hiring, and compensation. Moreover, hundreds of studies suggest that companies that integrate both assessments report greater productivity and improved employee satisfaction. Consequently, HRs use this duo as a tool to combat […]

Performance management system is an essential part of Human Resources (HR), but it’s not always successfully implemented in a way that best meets the needs of a company. This system, used by HR to measure employees’ performance, is crucial for maintaining an efficient and competitive organization. However, without an effective system, it can have detrimental […]