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Abstract
Performance Management System (PMS) comforts performance enhancement, implementation, and achievement of objectives and management of organizational structure. Organizations extract more benefits through multidimensional PMS. A little research work exists regarding the influence of PMS on performance of service organizations. This research focuses on banking sector of Punjab. It is anticipated to be among a few pioneer studies with respect to identification of major mechanisms of PMS, and influence of organizational structure on implementation of PMS. Additionally, this study trials the influence of PMS on organizational performance with respect to the country of origin and assesses the impact of PMS on employees’ performance. Based on the regression analysis we conclude that most influencing variable for performance related outcome of PMS is top management support and multidimensional performance measures is for staff related outcome of PMS. Results will be helpful to improve the performance of banking sector that adds value to the customer. It will also help the organizations to apply PMS according to their organizational structure and can yield the outcomes of effective implementation.

Keywords

Imran Khan, Zeeshan Ahmad, Nadir Munir Hassan, Nabeel Younas Ansari, Muhammad Haroon Hafeez, Raza Ali. (2018) Role of Employees’ Performance Measurement System in Achieving Organizational Objectives: A Case Study of Banking Sector in Punjab, Pakistan, , Vol 12, Issue 1.
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Paradigms
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Vol 12
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