Insight to Performance Management and Employee Engagement

Performance management is considered a crucial aspect of modern business mechanism and has been instrumental to organizational effectiveness. Concept of performance management is deep rooted in an organizational culture that promotes continuous improvement in individual skills, behaviours and all business processes. Managing human capital with utmost possible accuracy has been foremost concern for organizations in the backdrop of highly competitive industrial scenario.

Unfortunately there are only about one third of employers globally who consider performance management process credible for maintaining employee well-being and satisfaction levels. The need of today’s competitive organizations is to refocus their efforts on performance management in all of its essence. The concept behind improving employee performance most of the times trace back to the modus operandi with which employees are treated and gauged against the predetermined set of organizational tenets. Due to such connections with employee behaviour and their performances, focus should be directed towards enhancing the performance via employee engagement in the long run.

      Most of the times the aspect of performance management is mistaken with mere performance evaluation but in reality the former is a broad and profound phenomenon engulfing plethora of factors such as organizational policies and practices. It also traces back the performance of employees to design features which actually produce the performance. The integration of different areas hints towards a strategic approach of the discipline under aegis of human resources management.

     Whereas employee engagement has gathered a great deal of limelight as far as previous years of corporate mayhem are concerned. There have been many disturbing concerns upsetting the organizational scenario. The issues include high turnover rate, increasing absenteeism and growing dissatisfaction among stakeholders, in the backdrop of which industry experts have sought the solutions beyond conventional thoughts. Employee engagement has often been hailed as a reason behind firms’ competitiveness and strength. The Plethora of academicians and industry erudite scholars has regarded employee engagement as key driver of attitudes and behaviours that enhance individuals’ performances. Thus employee engagement can be seen behind success of organizations which have been able to promote productivity, retention and financial well-being of its employees. 

Keywords: Performance Management, Employee Engagement, Employee Performance