The performance management system has evolved a lot in the past few years. The technology has completely changed the way of managing employee performance by getting rid of mundane manual administrative works and replacing it with effective software that streamlines processes. Performance management system plays a…Continue
Added by Dhanya Raghavan on November 26, 2020 at 4:30am — No Comments
Objectives and Key Results (OKRs), the success secret behind most global companies like Google, Intel, is one of the most popular and effective goal-setting frameworks. Every organisation that leverages the power of OKR contributes a part of its success to Objectives and key results. Here are a few reasons why you need OKRs in your organization.…Continue
Added by Dhanya Raghavan on September 4, 2020 at 8:17am — No Comments
A performance management system helps in managing employee performance effectively and also engaging them to increase productivity. The performance management system has progressed over the years, and today, the system focuses on retaining talents, employee development, innovation, and nurturing future leaders.
Here are 5 common…Continue
Added by Dhanya Raghavan on August 12, 2020 at 6:24am — No Comments
A survey suggests that employees work harder when they feel that their work is appreciated by the organization. How can we let the employees know that we cherish their work? Through rewards and recognition. Both monetary and non-monetary rewards satisfy…Continue
Added by Dhanya Raghavan on July 23, 2020 at 6:00am — No Comments
Continuous feedback enhances employee experience in an organization, which is vital in this experience economy. As per a Harvard Business Review article, continuous feedback was born when a company named Colorcon, in 2002, switched from an annual…Continue
Added by Dhanya Raghavan on July 15, 2020 at 4:54am — No Comments
Effective management of processes is inevitable for business growth. Technology today has made mundane managerial tasks easier and interesting with new tech tools. Performance management software, an innovative software, automates employee performance and increases engagement of the workforce. A study reveals that 58% of companies do not track performance automatically. The pen and paper and excel models do not…Continue
Added by Dhanya Raghavan on March 10, 2020 at 11:22pm — No Comments
A performance management software automates, streamlines, and simplifies the performance review and appraisal processes. Imagine a company without a performance management software. The HR personnel would be exhausted from doing the performance review process manually with a pen and paper. The tiring…Continue
Added by Dhanya Raghavan on February 25, 2020 at 1:31am — No Comments
Are you still following the old methods of performance appraisal system? In this digital-savvy age, you should opt for a technology-based modern performance appraisal system to sustain in the industry. The pen and paper approach and forced ranking are not in trend anymore, and it will not help you retain the talents or attract the millennial workforce.
Here are the top 5 features…Continue
Added by Dhanya Raghavan on February 19, 2020 at 1:54am — No Comments
The success of an organization lies in the effectiveness of the workforce, so employee engagement plays a pivotal role in an organization’s growth. Companies with employees, who are highly engaged, show 21% more profitability, but a Gallup report reveals that only around 15% of employees are engaged at work.…Continue
Added by Dhanya Raghavan on February 14, 2020 at 5:30am — No Comments
Workplace negativity hinders the growth of the company and also decreases productivity. Workplace negativity should be eliminated before it is spread across the organization. If the negativity in the workplace is ignored by the management, it may impact largely on employee retention and employee engagement. The first step in combating…Continue
Added by Dhanya Raghavan on January 31, 2020 at 5:12am — No Comments
The performance review process should ensure the growth of the employees and the development of the company. A study in 2013 by research firm i4cp asserts that only 28% of employees reckoned that their companies had en effective performance management system. If the companies do not improve their performance management process, it would be hard for them to retain talents, and the employee turnover would increase…Continue
Added by Dhanya Raghavan on January 31, 2020 at 2:36am — No Comments
Happy employees determine the success level of an organization. Employee Engagement and involvement have a great effect on the work done. An organization should focus on workforce retention and development. Gen Y and Gen Z who form the major part of the workforce possess a critical spirit and challenging minds. And they are not satisfied with job…Continue
Added by Dhanya Raghavan on January 6, 2020 at 10:51pm — No Comments
Every business focus on generating a higher revenue than the previous years. The expected results are delayed because of the traditional methods of employee engagement and bureaucratic leadership. The millennials, who are updated with the latest technology, are the employees, who expect modern simpler ways of performance management. A lackadaisical approach should be disowned, and an agile methodology should be adapted to bring the best out of the employees. The firms are already…Continue
Added by Dhanya Raghavan on January 6, 2020 at 5:30am — No Comments
Performance analysis focuses typically on how well each employee is performing key job tasks. HR can observe the employee’s performance on a regular basis to conduct a performance analysis. Traditionally, performance analysis has involved an employee and that employee’s immediate supervisor. Depending on the nature of an individual’s work, that employee’s peers, customers, and subordinates may also be in a position to provide information that can be used to identify that employee’s…Continue
Added by Dhanya Raghavan on December 16, 2019 at 4:18am — No Comments
Performance appraisal is often a negative and disliked activity. Managers do not like giving them and employees do not like receiving them. Some managers believe that it is a waste of time. Indifference from people towards Performance Appraisal at the receiving end can arise because they see performance appraisal as simply another weapon in the hands of managers to take disciplinary action against the employees.
Here are the Top 6 problems with…Continue
Added by Dhanya Raghavan on December 10, 2019 at 1:01am — No Comments
Good performance management must include continuous feedback, consistent goals and objectives, frequent communication or check-ins and learning and development. The software you are looking for should have these modules and additionally, if these modules can be integrated with each other, that’s even better.
For choosing the best solution for performance management, check for the software that allows providing feedback on an ongoing basis; align each…Continue
Added by Dhanya Raghavan on December 9, 2019 at 11:31pm — No Comments
The way you motivate, and reward employees are everything. When employees believe they are treated fairly and guided toward meeting clearly stated goals, they will be passionate about their work.
Knowing how to motivate employees is a struggle for many managers. Employee Engagement can be harder when the workforce is…Continue
Added by Dhanya Raghavan on December 4, 2019 at 5:07am — No Comments
Performance review mistakes are easy to make. Avoid the most common errors while conducting performance reviews such as setting no clear standards specific to employee skills, bias error, tending to evaluate employees on an average.
Managers must set one-on-one meetings with each employee once or maybe twice a year. Also, the manager must organize, prepare, and give …Continue
Added by Dhanya Raghavan on December 4, 2019 at 4:59am — No Comments
If you want to improve the motivation, competency, and engagement of your team, a performance management system should be in your organization. It will help your team members understand their objectives and what is expected of them and improve their relationship with their manager.
The key is to implement the performance management tool properly. Start using…Continue
Added by Dhanya Raghavan on December 4, 2019 at 4:30am — No Comments
Performance Management can be defined as a process focuses on aligning your employees with goals and competencies, creating development plans specific to an individual employee, and driving better business results.
An effective Performance Management System helps to unlock employee’s talent full potential and turn your small business into a major competitor to the…Continue
Added by Dhanya Raghavan on November 14, 2019 at 1:00am — No Comments