What is Performance Management?
Performance Management is the continuous process of setting employee goals (KRAs/KPIs), monitoring progress, providing feedback, conducting appraisals, and linking results to rewards and development.
Performance Management Cycle
Annual cycle: Goal Setting (April) → Mid-Year Check-In (September) → Year-End Appraisal (February/March) → Rating Calibration → Reward Decisions (salary revision, promotion, bonus). Continuous feedback models (OKRs, 360° feedback) supplement the annual review for fast-growing organisations.
Performance Management in ERPNext
ERPNext's Appraisal module supports: Appraisal Templates (KRA definitions), annual appraisal creation for each employee, self-rating and manager rating, weighted scoring calculation, and appraisal status tracking. Link appraisal outcomes to Salary Structure Assignments for merit-based salary revisions.
Infonoxe Technologies specialises in ERPNext implementation and custom software for Indian businesses.
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