How to create a successful pay-for-performance strategy using comparative pay and performance metrics If aligning talent with compensation strategy, and employee engagement with retention, are business objectives that keep you up at night, you are not alone. A recent compensation best practices study revealed that although 44% of employers say their employees are fairly paid, only 20% […]
Using Peformance Management Software as an Important Part of your 2017 Performance Management Strategy
Taking your 2017 performance management strategy to the next level with performance management software We live in a culture of instant response. When people communicate, they expect an almost immediate reply, and waiting can create frustration and concern. This expectation has crossed over into the workplace. As a result, employees seek quick and meaningful responses […]
View our free HR webinar to earn free HRCI & SHRM credits Ascentis recently hosted a free HR webinar titled The Good, The Bad and The Ugly of Fixing Performance Management. This free HR webinar recording is approved for 1.0 free SHRM credit and 1.0 free HRCI credit and available to watch here. Our […]
Research points to new trends in performance management that lead to happier, more engaged, higher performing employees, which ultimately creates a reduction in turnover. 88% of employees reviewed by their peers say they are happier at work 71% of employees prefer immediate feedback, even when negative 70% think that reviews should focus on skill development and training […]
In a modern business world, employees dread participating in traditional annual reviews and long to be an integral part of the process — one that they can affect year-round. Two recent independent studies revealed that 89% of respondents stated they want performance review feedback to not be a surprise. 60% desire feedback on a daily […]
It’s time to leave the traditional performance review in the past.
Trust us, no one at your organization will grieve its passing. No tears will be shed, no boxes of tissues passed. No one will beat their breast begging for its return.
No one will demand it be brought back – not your senior leadership, your employers, and certainly not anyone in human resources. In fact, they will all be glad to see the back of the traditional review process as we know it.