Related Words

Performance Measurement: Calculation of the return a money manager realizes over some time interval.

Performance Evaluation: The assessment of a manager's results, which involves, first, determining whether the money manager added value by outperforming the established benchmark (performance measurement) and, seco . . . View Full Definition

Performance Management: The process of maintaining or improving employee job performance through the use of performance assessment tools, coaching and counseling as well as providing continuous feedback.

Performance Measures: Quantitative measures of the quality of care provided by a health plan or provider that consumers, payors, regulators, and others can use to compare the plan or provider to other plans and providers.

Performance Monitoring: The practice of monitoring employees while they perform their jobs through the use of surveillance cameras, telephone or computer monitoring.

Performance Improvement Plan: A plan implemented by a manager or supervisor that is designed to provide employees with constructive feedback, facilitate discussions between an employee and his or her supervisor regarding . . . View Full Definition

Performance Fund: A growth-oriented mutual fund investing in growth stock and performance stock with low dividends and high risk.

Performance Benefit: Improvements in physical fitness as a result of exercise.

Performance Bond: A surety bond between two parties, insuring one party against loss if the terms of a contract are not fulfilled.

Performance Counseling: The process of improving employee performance and productivity by providing the employee with feedback regarding areas where he or she is doing well and areas that may require improvement.