New Study Reveals Challenges and Opportunities in Performance Management

The latest HR study reveals that a mere 45% of organizations report that their performance management (PM) processes effectively meet critical outcomes to a high or very high degree, including meeting organizational PM goals, improving employee performance, enhancing employee development, and providing better legal protection. The HR Research Institute (HRRI) has unveiled a new research report exploring the current state of PM practices, highlighting key trends and strategies for improving performance management efforts today and in the future. The research underscores the challenges many organizations face in achieving effective PM plans while also spotlighting areas where positive strides are being made. These findings indicate that there is still much room for improvement in performance management processes across the board.