The performance management systems should be such that they are appropriate for adding value to the firm. They take into account the contextual factors such as the role/ behavioral requirements of the employees especially for the labor markets and fulfilling the legal requirements. There are various kinds of decisions that can be made for the performance management and one such approach is the tool box one. The performance management system is the key component for the overall HR system of the firm and thus, it involves measuring as accurately as possible the employee's ...