The PEFA Partners*, including the World Bank, announced the release of the new version of PEFA, a framework for assessing public financial management (PFM) performance. The PEFA framework provides the ...

A performance management system is one of many types of employee evaluation methods. It does this by setting performance-based criteria for evaluating worker productivity and contributions. This ...

Performance management is the process of creating and maintaining a productive and efficient work environment where employees can fulfill their full potential. It encourages communication between the ...

Performance evaluation is a major part of the job review and salary increase process. Most companies implement an annual or biannual performance management process. To complete the process, ...

Carla Tardi is a technical editor and digital content producer with 25+ years of experience at top-tier investment banks and money-management firms. David Kindness is a Certified Public Accountant ...

One critical question that I had contended with for sometime as a public service institutional reformer is, why it has been so very difficult to institute performance-oriented values and systems (PMS) ...

If traditional sit-down performance management was broken in 2013, it was demolished in 2020. How could a review in December 2020, based on a 12-month-old job description, possibly do justice to the ...

Head over to Google and search for the term, “performance review,” and you’ll be instantly flooded by news stories on the latest companies to do away with it. My guess is that half the Fortune 500 ...

Why do we spend millions on performance management systems that everyone—managers, employees, and executives—openly admits are broken? The answer is uncomfortable but simple. We’ve designed these ...

It’s December. This is the time that many of you are receiving your end-of-year performance reviews, and many supervisors are nervously preparing to deliver them. I’m not sure which organizational ...