Measuring and Managing Individual and Organizational Performance

Abstract: The individual performance appraisal system, as one of the defining elements of the human resource system, is becoming more and more important in the life of organizations nowadays. In order to measure and increase performance at the organizational level, it is necessary to look for elements that create added value for stakeholders based on employee competencies. In order to measure organizational level performance, it is also essential for modern corporate operations to measure individual performance. To learn about individual performance, you need to define your organization’s expectations of the system, with a particular focus on your organization’s core business.

Key words: performance management; individual performance; incentive

         JEL codes: L94, L97, M59