In the era of competition and globalization, organizations have realized the importance of strategic HR practices for gaining a competitive edge over the competitors.

Huge part of the HR people’s time is focused on Hiring talent. But, what do you do to keep them, and coach them to achieve their personal and the business goals?

Performance Management is just as important for small businesses as it is for multi-billion dollar corporations. Employees need feedback, overperformers need to be engaged, and underperformers need a clear improvement plan.

What is a Performance Management System?

Performance management is the full spectrum of bringing out the best (or correcting the worst) in your employees from the moment you hire them until they leave (or are fired).

What is NOT a Performance Management System?

Performance Management is not a payroll solution, or an employee database, or an employee onboarding system or nothing what Human Resources Management System (HRMS) or Human Resources Information System (HRIS) does. This type of HR software is really useful.