Third-Party Performance Management (TPPM) is simply the use of an independent agency or consulting service to manage and evaluate employee performance on behalf of a company This approach is becoming increasingly popular as businesses seek to streamline their HR functions, reduce costs and improve their overall performance management systems These third-party companies provide expert analysis, standardized processes, and technologies to help organizations assess, improve, and maintain their workforce performances third party performance management.

Benefits of Using Third-Party Performance Management