Article ID Journal Published Year Pages File Type
982144 Procedia Economics and Finance 2012 6 Pages PDF
Abstract

It is well known that the companies which know how to use and invest in their resources can grow faster, making from this a business strategy on the emerging markets. This is mainly considered a managerial responsibility and the results depend not only on management's capabilities, but also on the hired employees. We can discuss here about the performance management concept, which is mandatory to be put into practice when referring to the company's most important resource – the employee. Thus, a high performing employee will be targeted to remain within the company as long as possible for the benefits he brings and for the positive image he creates. But together with high performance, also the expectations increase, for both the employee and employer. This paper aims to underline those aspects that influence employees’ performance, the strategies that are being used to stimulate their potential and to retain them, to show how their performance results contribute to company's growth and development, as well as management's implication in this process. This exploratory study was conducted among 13 managers from different companies in Bucharest, with three hypotheses tested and confirmed.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics