With growing complexity and uncertainty in the current business environment, it is imperative to protect and retain organization’s talent pool. Performance Management (PM) System is a business tool that provides direction to the organization and subsequently facilitates the organization to achieve its long-term goals. Performance management plays a pivotal role in shaping employee behaviour by driving overall performance of an employee within organisational set-up. PM System links performance with rewards to inspire the talent environment (TE) thus performance-linked reward model stimulates a performance-driven culture in the organization where high-performance yields higher rewards, thus creating a positive behavioural ripple. This paper delves into the intricate dynamics of performance management systems, exploring its correlation with performance rewards and their overarching impact on the talent environment within the organization. A systematic qualitative study has been conducted to gauge the correlation between performance, rewards and talent. Limitations of the study are discussed further in the paper.

Authors:
Arvind S Chauhan, SP Jain School of Global Management, Australia
A Seetharaman, SP Jain School of Global Management, Singapore
Veena Jadhav, SP Jain School of Global Management, Australia
Bhanu Ranjan, SP Jain School of Global Management, Australia

About the Presenter(s)
Dr Veena Jadhav has over 25 years of international experience in academia and industry. As a fulltime faculty for Post Graduate students, Veena teaches across global campuses, supervises DBA and MBA Research projects and conducts regular MDPs.

Connect on Linkedin
http://www.linkedin.com/in/dr-veena-jadhav

Connect on ResearchGate
https://www.researchgate.net/profile/Veena-Jadhav-3

Additional website of interest
https://www.spjain.org/faculty/profiles/veena-jadhav

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