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Newmeasures clients have recently been asking for ways to evaluate their performancemanagement practices. Such audits are warranted considering organizations with strong performancemanagement processes are 41% more likely to outperform competitors on non-financial measures such as retention and customer satisfaction.
Maximising employee engagement and elevating employee performance are the key ways of employee retention and attaining better productivity. The Private Manager Assessment ensures fair assessment and accuracy in performancemanagement. Experian, Ben & Jerry’s, Drift, Indeed, Microsoft, Publicis sapient. Link: [link].
Editor's Note: Last summer we posted an announcement from Gerry Ledford (one of our profession's leading scholars) introducing a new academic study focused on leading edge performancemanagement practices and an invitation for any qualified organizations to participate. Do the data indicate that the hype is warranted?
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