The HR strategy that the Walt Disney Company uses is the bargain laborer. With this strategy, employees get compensation frequently based on hours worked. Moreover, the company provides minimal benefits and long-term incentives. The type of performance management system used by the company is the 360-degree appraisal. The performance feedback entails feedback of the managers, supervisors and team members (Cardy & Leonard, 2011). The performance appraisal rarely incorporates formal measures but focuses on day-to-day feedbacks.

The performance management system refers to the process organizations use to measure and provide feedback about the contributions made by employees to the organization (Cardy & Leonard, 2011). When an organization measures the performance and provides feedback, they tend to improve the employee performance. The performance management system that Walt Disney Company uses is parity-based. The system encourages cooperation, and one would be classified as a high performer if he meets a certain standard. The system acknowledges employees’ contributions without elevating some above others (Cardy & Leonard, 2011). The performance management approach used by the Walt Disney Company aligns with its HR strategy. The success of the organization comes from cooperative employees who work with maximum efficiency. The organization is not concerned with identifying top performers.

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