A STUDY ON THE CONCEPT OF PERFORMANCE MANAGEMENT SYSTEM IN IT INDUSTRY - LITERATURE REVIEW

Managing human resources in today's dynamic environment is becoming more and more critical as they constitute very important resource. Among all the resources in the Organization, Human Resources / People are crucial. Identifying, Developing, Assessing, Recognizing and utilizing is all HRM and the duties of Human Resource Department. A success of an Organization depends on how well you take care of internal customer's i.e workforce and focusing on their continuing performance improvement which fulfils all interests personally and professionally. At the same time, Organization aims at improving the performance of its people by rigorous development programs which in turn improve the Organization performance. In short Performance management is the buzz word and today saying is as you Perform or Perish. In this context understanding the concept of Employee Perception about Performance Management Systems in It Industry & its literature review and the gaps that shall be useful for researchers for future research are paramount importance .The article focuses on the IT industry as this is second biggest Industry in India with high manpower.