International Journal for Recent Development in Science and Technology

Performance management in HR has evolved a great deal, transitioning over time from the annual review model to one of continuous feedback.This moves beyond the need for real-time communication, goal alignment and employee development associated with legacy systems.The reality is that better tracking and personal development have been made possible by HR tech platforms and data analytics only recently.This paper will look at the important insights and methods that are applicable to how we approach performance management today, incorporating continuous feedback loops which drive agile performance processes while aligning 360-degree feedback into play.It discusses the impact of those practices with cases studies as well empirical evidences based on research done to see how these business critically effect employee engagement and company success.Finally, the paper underscores implementation best practice and future research directions in performance management suitable to HR professionals wanting.