Adapting Performance Management Systems to Meet the Preferences and Expectations of Young Employees in the Internet Industry: A Comparative Analysis

DOI

10.2991/978-2-38476-309-2_2How to use a DOI?

Keywords

Performance management; internet industry; young employees; Objectives and Key Results; career development

Abstract

In the fast-growing internet industry, performance management systems are vital in improving employee productivity and ensuring that individual contributions are aligned with organizational goals. In particular, today’s young people who have just graduated from university and entered the workforce have unique preferences and expectations, so traditional performance management methods must be re-evaluated. This study will use a comparative analysis method to compare multiple Internet benchmarking companies in different countries, collect comprehensive data from leading Internet companies, and deeply analyze employee preferences and expectations. The purpose of this paper is to explore the preferred performance management system of contemporary young employees in the Internet industry and to identify the key characteristics that can improve their engagement, satisfaction, and performance. The study results show that younger employees prefer performance management systems with clear and transparent goal setting, frequent and constructive feedback, career development opportunities, and a focus on work-life balance. Specifically, the OKR (Objectives and Key Results) system and continuous performance feedback mechanisms are considered particularly effective.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Shuo Li
PY  - 2024
DA  - 2024/12/09
TI  - Adapting Performance Management Systems to Meet the Preferences and Expectations of Young Employees in the Internet Industry: A Comparative Analysis
BT  - Proceedings of the 2024 9th International Conference on Modern Management, Education and Social Sciences (MMET 2024)
PB  - Atlantis Press
SP  - 7
EP  - 13
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-309-2_2
DO  - 10.2991/978-2-38476-309-2_2
ID  - Li2024
ER  -