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ABSTRACT
Continuous Performance Management (CPM) is an emerging global trend in Human Resource Management, which is revolutionizing how performance management is being done in companies. From being a transactional process, CPM has turned performance management into a more employee-centered process which aids employees in their development. Thus, this study aimed to determine the impact of Continuous Performance Management (CPM) to common employee perceptions of job autonomy, motivation, and turnover intent among the employees of multinational companies implementing the trend within Metro Manila, Philippines. Using snowball sampling, a total of 155 employees were requested to answer a 5-part questionnaire covering the 4 constructs. Partial Least Squares Structural Equation Modeling (PLS-SEM) was used as the analysis tool while all the data gathered were processed through SPSS 22 and WarpPLS 5. Having all the study's hypotheses proven by its findings, this study can support human resource practitioners in understanding the trend better and will give insights on how to leverage their organization's performance management for employee development and retention.
Keywords: continuous performance management, motivation, job autonomy, turnover intent.
Received 30 January 2019 | Revised 25 April 2019 | Accepted 10 May 2019.
1.INTRODUCTION
Performance management is a vital human resource process in every organization as it ensures that employee performance is aligned with the organization's goals and objectives. Currently, the world is witnessing dramatic changes in performance management approaches that organizations use. The traditional annual performance appraisal is now being cast aside as companies are switching to Continuous Performance Management (CPM) which is characterized by collaborative setting of employee goals with his manager, more frequent conversations between a manager and a subordinate; two-way discussions about performance between the same; and affordance of real time and crowdsourced feedback (Zenger, 2017).
In spite of the trend of transitioning from the traditional performance management to the CPM approach, which is seen in some companies, relatively few studies have been written about the future possibilities in the facet of performance management, more so about CPM. As most organizations are still in the process of grasping the hallmarks of the modern performance management, CPM is also important to understand how it may further evolve (Deloitte Consulting LLP, 2017).
Thus, this study intends to determine (1) the effect of the implementation of CPM...