North American employers are the overall global leaders in employee performance management, indicates a new report by Lumesse.

The report, which is includes interviews from 500 business and HR executives in 44 countries globally, addresses the contrasts between North America, Europe and Asia Pacific regarding the maturity of employee performance management processes. Cascading goals, identifying career plans, linking between pay and performance, and using good financial metrics are key processes included in the report.

North American companies rank at the top at every basic performance management practice while other regions had much more mixed results. Thirty-seven percent of employers in the United Kingdom have cascading goals for the majority of employees, which is the second highest of all regions; however, the UK shows to be the least effective at providing financial metrics. Germany, France, Italy, Benelux and Scandinavia sit at above the global average of 32 percent for providing career goals and at 19 percent for linking these to financial metrics. Despite this, the countries still struggle to connect pay and performance at 24 percent, falling below the global average.