Performance Management from the Perspective of Human Resources

Motivation depends on the human will to act in a certain way.Management teams in organizations have the most difficult task, to find the most intelligent levers to motivate their employees, so that they desire high performance at the individual, group and organizational level.Although more than 40% of a company’s budget is spent on salaries and bonuses, the money only gets people to work every morning, but does not make them work. What makes people really work is motivation.The two major means of motivating human resources are financial and non-financial.Financial methods are all those forms of monetary reward for the work done or the results obtained by the employee (salary, commission, bonus, increments, dividends, etc.).Non-financial methods represent those forms of reward and stimulation, which do not involve the direct award of sums of money to the employee.