Published Paper Details:

In order to survive and grow in a competitive environment, businesses must constantly improve their performance. Human resources, on the other hand, can be seen as one of the most essential organisational resources, referred to as "knowledge workers" in the new paradigm of the knowledge economy. Organizations have been paying more attention to their employees in recent years, and they've been looking for methods to improve their work environment and motivate them. This is owing to the fact that the human being is the organization's most precious asset. Businesses that lose their intellectual capital have a little chance of surviving. We need performance management, namely the performance evaluation system, to recognise this massive capital. The purpose of this article is to offer a full and complete review of 'performance management systems' as one of the most important human resource management procedures. One of the most essential concerns that will be covered is the introduction of basic ideas connected to HRM performance and the exploration of different elements of performance management and performance assessment, as well as the primary techniques for assessing staff performance.