This report provides a comprehensive analysis of employee performance management within the context of Matrix, focusing on the shortcomings of the existing performance appraisal system and proposing a new, improved system. It delves into the importance of performance appraisal, exploring both traditional and modern methods, with a recommendation for Management by Objectives (MBO). The report examines various motivational theories, including Maslow's Hierarchy of Needs, Herzberg's Motivation-Hygiene Theory, McClellan's Need Theory, and Vroom's Expectancy Theory, to understand their influence on employee performance and the correlation between motivation and ability. It identifies strategies to reduce negative reactions to the performance appraisal process and improve individual performance. The report also highlights the significance of training and development, emphasizing its role in bridging the gap between actual and desired employee performance.
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