Sample content Trends and Challenges Paper MGT 431 Trends and Challenges Paper In today’s world of business the usage of performance management methods or annual performance evaluations is one which is considered in different ways by each company as well as management team. Though these two techniques have some of the same features, they also vary in lots of ways. Performance evaluations can be an efficient tool for companies however together with lots of business methods can be troublesome. Another significant technique which must be practiced by companies is the control over turnover rates. A swinging door of workers departing and entering can rapidly become an expensive practice for a company. In this, the firm should make certain the worker is honored, dealt with fairly, and provided a chance to speak her or his issues. In business world having labor laws and regulations companies have more rivalry of secure and pleasant work atmospheres. Security and health managem