The main aim of this report is to understand the entire case study of O’Meara Electronics organization. The president of this particular organization has decided to change or modify their existing strategies of remuneration and performance management for increasing their position in current market. They had been using performance management system based on customer contracts and hence it is important to change their strategies for making employees more motivated towards work. Several options of performance management systems are presence, such as 360 degree performance appraisal, manager performance appraisal, generalized appraisal system, technological appraisal system and many more. After proper analysis, 360 degree performance appraisal is recommended for O’Meara Electronics organization to motivate employees and to improve productivity.