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Streamline your performance reviews so you can see business results.
You Can’t Manage What You Don’t Measure
What does it look like to have an employee evaluation program that actually improves employee engagement and performance, without wasting time, resources, and alienating your staff? This week, we begin a short series of posts looking at essential features of successful employee evaluation programs. First up, analytics. Any performance management system worth its salt will have analytics. But does yours (or the...
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Evaluating Your Employee Evaluations: Why Traditional Methods Aren’t Working
A whopping 86% of you are not happy with your current employee evaluation practices, says industry research firm CEB. And yet, only 3% of organizations are doing anything of substance about it. The rest are tinkering on the surface, tweaking things like goals, rating scale or criteria, and getting nowhere, writes David Rock for the Harvard Business Review. It’s no secret that outdated performance review methods...
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Researcher: Old Employee Engagement Models Grossly Ineffective
“It’s time to rethink the ‘employee engagement’ issue,” opened a recent piece by Forbes magazine on the evolution of employee evaluation and engagement. “The days of the annual engagement survey are slowly coming to an end,” the article continued, “to be replaced by a much more holistic, integrated, and real-time approach to measuring and driving high levels of employee commitment and passion.” The author and...
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When Incentives Harm Performance: What Scientists Know That Managers Don’t
The way most managers reward employees is all wrong and harming their organizations, says Dan Pink, author and behavioral expert, during a TED talk on the puzzle of motivation. And he has a slew of social science experiments to back up his claims. Traditionally, businesses have sought to reward employees through extrinsic motivators: money, vacation time, branded gifts, perhaps an afternoon playing basketball or...
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Harvard Business Review: Employee Performance Management is Broken
The old, tired methods of employee performance management are broken. Astute organizations are taking note and doing something about it. That shift is a topic of the latest issue of the Harvard Business Review, in a piece penned by employee engagement expert Marcus Buckingham of “Strengths Finder” fame, and Ashley Goodall, director of leader development at Deloitte Services in New York. The authors describe how...
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The History of Performance Reviews and the Future of Employee Evaluations
For years, employees have always grimaced at the thought of yearly performance reviews. We are judged for a year’s worth of work in a one-hour sitting, where we receive feedback based on what was documented or remembered by our manager. Seems kind of archaic, right? Well, that’s because it sort of is. We found a great infographic by WorkSimple that details the history of the performance review and its archaic...
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7 Tips for Creating an Effective Performance Review Program
Today’s workplace looks a lot different than it did 50 years ago. In the past, it was not uncommon for employees to work at one company for most of their adult lives and retire with a pension plan. Employee loyalty isn’t just practiced; it was ingrained in the work culture. We can’t say the same for today’s work culture, where change is the new norm and expected. And, there are a couple of good arguments for...
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Infographic: The Real Cost of Employee Turnover
In any business, employee turnover can be a real problem. Not only does it affect the productivity and continuity of the organization, but it can also reflect badly on the organization as a whole if the turnover rate is too high. Employee turnover has a variety of associated costs, including interviewing, hiring, training, reduced productivity, lost opportunity costs and more. In this infographic, we’ve...
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