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Individual performance evaluations are usually performed annually, and they are related, directly or indirectly, to the economic performance of companies. The positive economic performance at the company level materializes mainly for the top management representatives in significant performance bonuses. The aim of the current paper is to investigate individual performance assessment within contemporary organizations. The research methodology proposes a thorough literature review of the relevant research conducted in the last decades. The paper analyses the conflict between measurement and development functions of an individual performance assessment system, it investigates the transformational perspectives on individual performance assessment in modern organizations and it identifies opportunities for improving employee evaluation system by providing a productive framework for individual performance assessment based on literature review.

INDIVIDUAL PERFORMANCE ASSESSMENT WITHIN CONTEMPORARY ORGANIZATIONS. A REVIEW OF TRANSFORMATIONAL SYSTEMS FOR EMPLOYEE EVALUATION