Comparative Analysis of Performance Management Systems in the Softare Industry: A Study across Public and Private Sectors

Abstract

While steering organizational objectives, the performance management system involves overseeing employees, commencing with the allocation of duties and responsibilities. Nowadays, employees strive to swiftly advance their careers, prompting organizations to offer developmental opportunities to attract and retain talent. In the software industry, organizational success hinges on the efficient and effective contributions of employees, a balance upheld by an adept performance management system. Serving as a crucial tool, this system ensures organizational triumph by cultivating employees to meet both individual and collective goals. The current study seeks to discern variations in the performance management systems of public and private sector software organizations.