PERFORMANCE MANAGEMENT AND EMPLOYEE SATISFACTION

In modern organization and management theory and practice, performance managment (PM) is strongly related to employee performance management (EPM). In this paper, it is argued that human resource performance management (HRPM) practices in organizations are essentialy related to the satisfaction of empoyees. Especially, measuring and appraisal of employee performances and the procedures enabling feedback correspond to employee satisfaction, while higher levels of employee satisfaction further contribute to their higher achievements and better performance. These matters are considered within the human resource management (HRM) function, and it is argued that they are also strongly related to the demands of the overall appraisal and management of organizational performances. In that context, correlation between HRPM and ES is established, with the significant contribution to the overall business performance of a company. The focus is on integrating the managerial efforts aimed at improving the performances of employees strongly related to their satisfaction at work and creating multiple and synergetic effects that can be traced within the overall organization's results and achievements.