Performance management isn’t about annual reviews — it’s about creating a system where employees consistently deliver against business objectives. Organizations with effective performance practices see higher productivity, lower turnover, and stronger financial results. By setting clear goals, providing regular feedback, and using performance data strategically, HR leaders can directly impact revenue growth and workforce efficiency.
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Key Data & Trends
61%
HR pros report that fewer than half of managers effectively address underperformance or improvement areas among direct reports
43%
HR pros say their organization does not provide adequate training and resources for managers to conduct effective performance reviews
62%
U.S. workers say they receive timely feedback from their manager
Elevating Performance
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Latest News
Discover how to use a PIP to grow and get back on track as Nicole Belyna, director of talent at SHRM and co-host of SHRM’s Honest HR podcast, shares actionable strategies for employees and managers.
An expert outlines how organizations can modernize performance management by aligning vision, technology, and purpose for lasting impact.
Many employees juggle significant responsibilities beyond their professional roles. Those in the “sandwich generation” are balancing careers alongside caring for children and supporting aging parents, managing a complex and demanding load. Learn the emotional and financial strains often faced by this growing segment of the workforce, how their competing responsibilities can affect productivity, and the steps HR can take to recognize and support employees who may be struggling to “do it all.”
Use this PIP notification letter to effectively address performance issues, set clear goals for improvement, and foster employee accountability and growth.
Turn Performance Into Profit
SHRM membership gives you proven tools to link performance reviews to business results — helping you retain top talent and improve productivity.
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Member Resources
Enhance your performance management system with actionable guidance on reviews, improvement plans, and legal considerations for HR leaders.
Determine when and how to use a performance improvement plan (PIP) to improve employee performance, document progress, and promote fair outcomes.
Progressive discipline policy and procedures can provide a structured corrective action process.
Use this quick guide to learn what you need to know about performance appraisals.