Definition
The ongoing process of setting goals, monitoring progress, and documenting reasons to fire people later, usually disguised as 'development conversations.'
Example Usage
My performance management review was fair, except the goal-setting was arbitrary and the bar seemed to move whenever I got close.
Origin
Formalized as a system in the 1970s-80s, replacing simple annual reviews.
Fun Fact
Only 25% of employees understand how their performance is evaluated.
Source: Standard HR management practices
Related Terms
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See “Performance Management” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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Irdfc
I really don't f**king care...