The Impact of Performance Management on Employee Productivity: The Case of Coca-Cola Beverages Africa, Ethiopia
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Date
2024-10
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Addis Ababa University
Abstract
The general objective of this study was to examine the Impact of Performance Management on Employee productivity in the Case of Coca-Cola Beverages Africa, Ethiopia: An explanatory research design and quantitative data were collected from a sample of 235 employees using stratified random sampling technique, and the data were analyzed using descriptive and inferential analysis. A Structured questionnaire developed as a five-point Likert Scale was used for data collection. The Statistical Package for Social Sciences (SPSS) program was used for analyzing the data that had been collected. Pearson’s correlation coefficient was used to determine the relationships between performance management systems and employee productivity. A regression model was used to determine the coefficient of the effect of performance management on employee productivity. Therefore, the study found a positive correlation between employee productivity and performance management. The study also discovered that the combined impact of performance management variables could account for 70% of the changes in the employee productivity variables. The study suggested that having performance goals, performance monitoring, performance evaluation, regular feedback, and Training & development are important for an effective performance management system. In contrast, reward and recognition does not have less significance on employee productivity in the case of Coca-Cola Beverages Africa, Ethiopia.
Keywords: Performance Management, Employee Productivity, Performance Goals, Performance Monitoring, Performance Evaluation, Regular Feedback, Training & Development and Reward & Recognition