THE EFFECT OF PERFORMANCE MANAGEMENT PRACTICES ON EMPLOYEE’S PERFORMANCE: THE CASE OF METAD PRIVATE LIMITED COMPAY (PLC)

Abstract

The purpose of this study was to examine the effect of performance management on organization performance in the case of METAD Private Limited Company (PLC). In light of this objective, the study employed a descriptive and explanatory research design with a quantitative research approach to address research questions. Both primary and secondary source of data was used. Out of the 177 questionnaires distributed, 159 were filled and collected back. The collected data from the respondents were analyzed using descriptive and inferential statistical tools in terms of Frequency, mean, standard deviation, correlation, and regression based on the view of respondents. Data was analyzed by using Statistical Package for Social Sciences (SPSS) version 27. The key findings from the study were the finding of the correlation result revealed that planning, continuous communication; review, assessment, and reward are positively and significantly correlated with employee performance. Regression analysis also shows that there are positive and significant relationship between dependent and all independent variables. Hence, the study recommends that METAD Private Limited Company (PLC) work on its assessment and continuous communication practices to influence employee performance highly significantly