As U.S. employers continue to practice outdated employeeperformance management policies, other countries are engaging inpolicies that are more highly related to market performance,according to a new study by the Institute for CorporateProductivity.
The study reveals U.S. respondents still practice performancemanagement techniques that have led to frustration and a loss offocus; however, Russia and Brazil are implementing new policiesbearing in mind past mistakes.
U.S. respondents are less likely to practice performancemanagement across each organizational level. Instead, U.S.respondents tend to focus on performance management to individualcontributor-level employees, and they are 35 percent less likely tocarry out performance management with executives, even though thathas a high correlation with market performance.
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