Document background
The Business Performance Review document serves as a critical tool for organizations operating in Pakistan to establish and maintain a standardized approach to employee performance evaluation. This document becomes necessary when organizations need to implement or formalize their performance management processes in compliance with Pakistani labor laws and corporate governance requirements. It includes comprehensive guidelines for setting objectives, measuring performance, providing feedback, and creating development plans. The document is designed to protect both employer and employee interests while ensuring transparency and fairness in the evaluation process. It takes into account specific Pakistani legal requirements, including the Industrial Relations Act 2012 and relevant employment legislation, while incorporating international best practices in performance management. The framework is particularly important for organizations seeking to maintain consistent evaluation standards across different departments and locations within Pakistan.
