The third annual State of Performance Management Study, conducted by HR.com and sponsored by LightWork® Software, reports that the primary objectives of performance management are employee and organization growth, at 71 and 70 percent respectively. The more than 340 human resource professionals that took part in the study are from across the globe but are primarily in the U.S. They represent companies with as few as 50 employees up to 20,000+ employees.
The third most commonly cited reason (60%) for performance reviews is good communication between employees and managers, which was of particular interest due to the current COVID-19 pandemic.
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