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Economica

Vol. 15 No. 1-2 (2024)
Articles

Study of employee performance measurement, evaluation and management practices in tourism and catering companies in Szeklerland(with special reference to Harghita county)

Published:
2024-05-22
DOI Linkhttps://doi.org/10.47282/economica/2024/15/1-2/13493
Author
Annamária Lőrincz
View
pdf (Hungarian)
Keywords
performance measurement benchmarking performance management human resources business performance
How To Cite
Selected Style: APA
Lőrincz, A. (2024). Study of employee performance measurement, evaluation and management practices in tourism and catering companies in Szeklerland(with special reference to Harghita county). Economica, 15(1-2), 22-32. https://doi.org/10.47282/economica/2024/15/1-2/13493
Abstract

As a resource, people are one of the most important factors in the modern economy. From a subjective measurement approach, it can form the basis of business performance measurement. In this research, I am looking for answers to the question: what does business practice show, and how consistent is it with theoretical findings? The results of the research show that companies operating in the hospitality sector in Harghita County are consistently aware of the fact that employee performance contributes greatly to company performance.  For this very reason, employee guidance, performance monitoring and feedback are considered significantly important. Employee performance is measured and evaluated informally, often on a monthly basis. The standardised, formal form of measurement, on the other hand, is only done annually, from time to time when necessary. However, its frequency increases significantly with the size of the company. Companies are moderately satisfied with the current employee performance measurement and evaluation. They are therefore aware that there is room for improvement. In their opinion, the introduction of a performance management system in the future would make a significant contribution to solving the problems discussed in the research. In doing so, it would also contribute to the improving of the company's business performance at the same time. Our development objective could be to provide guidance in this area for the future.

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