Performance management is defined as a systematic process involving employees to improve organizational effectiveness through accomplishing goals. Employee performance can be broken into planning work and setting expectations, continually monitoring performance, developing capacity to perform, periodically rating performance, and rewarding good performance. Planning requires clear goals, standards, and expectations for employees. Monitoring includes tracking individual and team progress through meetings and setting expectations. Developing employees is important and involves training, seminars, and classes. Performance should be rated at least semi-annually to provide feedback and set goals. Rewards include quarterly and yearly awards, annual pay increases, and recognition coins or plaques.