HR Glossary

Performance Planning

Performance planning refers to a company’s formal process of identifying and planning either an individual’s or organization’s goals and the best way to reach them.

what-is-performance-planning

Performance planning definition

Performance planning refers to a company’s formal process of identifying and planning either an individual’s or organization’s goals and the best way to reach them.

The planning is done by both but the employer and employee through a proper plan called the development plan.

Performance planning process

1. Performance planning

2. Performance monitoring

3. Development plans

4. Performance rating

5. Rewards and feedback

Performance planning objectives

• To come to an agreement on the individual’s/department’s job responsibilities.

• To clarify the goals and objectives that need to be achieved.

• To identify the competencies required for doing the job.

• To create an appropriate performance and career development plan for the individual/department/company.

See TalentLyft in action

Applicant Tracking, Recruitment Marketing, Sourcing and Talent CRM software are powerful alone, but unstoppable when used together!

Related content

Explore more topics

  • Talent Acquisition

    Optimize your talent acquisition strategies to attract, engage, and hire the best candidates. Learn how to build a strong talent pipeline, enhance your employer branding, and implement effective recruitment methods. Stay competitive by securing top talent that drives long-term business success.

    Learn more

  • Turnover and Retention

    Reduce turnover and improve retention with proven strategies. Learn how to identify the causes of employee turnover, implement retention programs, and create a positive workplace culture that fosters loyalty. By focusing on employee engagement and satisfaction, you can retain top talent and strengthen your organization’s long-term success.

    Learn more

  • Recruitment by Industry

    Tailor your recruitment strategies to fit specific industries. Learn the unique challenges and best practices for hiring in sectors like healthcare, tech, retail, finance, and more. Discover industry-specific approaches to sourcing talent, crafting job descriptions, and optimizing your recruitment efforts for success.

    Learn more

  • Remote Work

    In the evolving landscape of work, remote work has emerged as a transformative force that empowers both organizations and employees. It is a dynamic shift in how we approach work and the workplace. In this Remote Work resource section, we explore the strategies, best practices, and technologies that HR professionals, managers, and employees can utilize to excel in a remote work environment.

    Learn more

  • Recruitment Marketing Strategy

    Develop an impactful recruitment marketing strategy to attract top talent. Learn how to create targeted campaigns, build a strong employer brand, and use digital channels to reach and engage potential candidates. Optimize your recruitment efforts with strategies that showcase your company culture and position you as an employer of choice.

    Learn more

  • Sourcing Candidates

    Master the art of sourcing candidates with strategies that help you find and attract top talent. Learn how to leverage social media, job boards, networking, and recruitment tools to expand your talent pool. Improve your sourcing techniques to identify qualified candidates faster and build a strong, diverse pipeline for your hiring needs.

    Learn more

Simple and affordable recruitment software

Schedule a Demo Start Free Trial