Strategic management deals with the long-term goals of a business rather than the day-to-day operations. These plans often make projections that extend three to five years out. In addition to creating ...

We asked industry experts to share how their companies handle performance management in a way that aligns with their culture. These real-world examples demonstrate how structured communication, ...

The introduction to the performance improvement procedure can highlight that the employer will deal with underperformance in a fair and supportive manner. The introduction can also be used to deal ...

Performance reviews serve as vital instruments for organizations aiming to foster employee growth and advancement. When approached effectively, they offer valuable feedback, establish meaningful ...

Human resources leaders have been trying to design the best performance management program for decades. But it's been impossible to achieve because they often assume uniform needs where there is ...

Lauren (Hansen) Holznienkemper is a lead editor for the small business vertical at Forbes Advisor, specializing in HR, payroll and recruiting solutions for small businesses. Using research and writing ...

Performance-based bonuses are incentive systems for a company's employees that tie personal and teamwork efforts to financial rewards for the individual employee and team. Individual bonuses are used ...