HR Glossary

What is Performance Management?

An ongoing process of setting goals, assessing progress, providing feedback, and developing employees to align individual output with organizational objectives and drive measurable business results.

Why it matters in hiring

Performance Management comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with P

• Peer Learning
• Peer Review
• Pension Plan
• Performance Appraisal
• Performance-Based Pay
• Performance Bonus
• Performance Conversation
• Performance Gap

Part of the springhire HR glossary, 1,150+ HR, payroll and recruiting terms defined. Free, no signup.