Building Employee Engagement through Effective Performance Management

This research paper aims at understanding the need of creating an engaged workforce through effective performance management. The major objective is to find whether there exist a significant relationship between Performance Management and Employee Engagement. The research is divided into two phases. Phase 1 is the pilot study where primary data is collected with the help of a survey conducted amongst 20 middle level executives in 2 financial services companies in Mumbai using convenience sampling. The findings of the Pilot Study helped to validate the performance management scale developed by the researcher. Phase 2 of the research is the main study with survey conducted on 101 middle level executives of 6 financial services companies in Mumbai. The tools used for the survey are UTRECHT Work Engagement Scale, and Performance Management Scale (Own Construct). The findings will indicate the degree of relationship between performance management and employee engagement.