Newmeasures

DECEMBER 19, 2019

Newmeasures clients have recently been asking for ways to evaluate their performance management practices. Such audits are warranted considering organizations with strong performance management processes are 41% more likely to outperform competitors on non-financial measures such as retention and customer satisfaction.

Performance Management 69

Performance Management Meeting Cornerstone OnDemand HR Software 69

Engagedly

SEPTEMBER 17, 2020

Implementing a 360 degree feedback will not only promote an open culture in the startup but will also keep the employees engaged, which will drive employee retention. As per a study by Smith and Walker(2001), positive 360-degree feedback ratings of bank managers were correlated with customer loyalty.

Planning Tools 96

Planning Tools Onboarding Software Assessment Software How To 96

Engagedly

APRIL 2, 2021

While some have made the shift, but others are still following traditional employee feedback practices. Implementing a 360 degree feedback will not only promote an open culture in the organization but will also keep the employees engaged, which will drive employee retention. Manage Rater Selection.

Planning Tools 75

Planning Tools HR Software Coaching Employee Recognition 75

Achievers

MAY 16, 2017

This was popularized by Jack Welch, former CEO and Chairman of General Electric (1980-2001). As with many common business practices, the millennial generation is challenging the way performance reviews work. Where possible, put what they tell you into action, so they know that your interest in their opinion isn’t perfunctory.

Bonuses and Incentives 136

Bonuses and Incentives Compliance Training HR Software Performance Management 136

HR Management

NOVEMBER 6, 2018

Leaders need to be approachable and committed to coaching their people to employ all their talents. A “reformed CPA” and serial entrepreneur, Hugh has since 2001 focused his efforts on his role as CEO and Founder of Atlanta-based DNA Behavior International. Leaders have a responsibility to identify potential road blocks and move them.

Planning Tools 68

Planning Tools HR Software Compliance Training Data 68

Analytics in HR

MARCH 10, 2023

While the 360-degree feedback system has been used mostly for leaders and managers, it’s becoming increasingly popular for all employee groups as companies move away from traditional top-down, single-source feedback and performance management. This leads to better performance and higher productivity.

Assessment Software 118

Assessment Software Planning Tools HR Software Competencies 118