Performance and Its Impact on Employee Motivation of “Osumi” Business Company

Abstract

The purpose of this paper is the importance of performance apraisal in motivating employees of “Osumi” Bussines Company (for private reasons the name is not the real name). Performance evaluation regarded as one of the priority competitive elements for sustainable development. Already it accepted the simple fact that the performance management process adopted by managers, but also it is importance the assistance to employees in this process. In this way, it becomes possible not only the assessment of business management, but on the other hand the management of individual performance of each members of the organization. This paper contains the results and key findings. They are presented in the form of statistical data, which provided concrete results and recommended further measures.