Keeping Performance Management REAL

PeopleStrategy

Managing performance. But much like taking your car in for routine maintenance can help you avoid a costly repair down the road, regularly evaluating performance within your organization can help prevent costly side effects from underperforming, unsatisfied and unengaged employees.

Compensation Cafe: Fair Pay, Differentiated Rewards

RecognizeThis!

— Differentiating recognition and rewards for top performers is critical while still allowing for all to participate in the opportunity to be recognized for work well done. I intentionally stirred the compensation and recognition pot in my last post on Compensation Cafe.

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How do Employee Performance Management Tools Help the Appraisal Process?

HRsoft

Employee performance reviews inspire dread in both managers and their employees. There are a lot of checkboxes to be ticked and line managers often rush through this critical process to conserve time and energy. Performance reviews are non-negotiable.

Disruptive Performance Management Models--Reality or Rumor?

Compensation Cafe

Was 2015 the year of disruptive performance management models? The rumors of performance management's death are premature. Because, of course, the iceberg lurking in any performance management flow is, "why?" "Why

Compensation Will Be Just Fine Without Your Dysfunctional Performance Appraisals

TLNT: The Business of HR

I have been calling for the death of traditional, scored performance appraisals for a long time.

How GE Renews Performance Management: From Stack Ranking To Continuous Feedback

TalentCulture

These days, not another day passes without an industry leader announcing that they are done with their inefficient performance review processes. Amazon was chastised because of its suspicious people management practices. Managers would rate employees from 1 to 5.

Cafe Classic - The P90X Workout and Effective Performance Compensation

Compensation Cafe

I like finding unique training tools for compensation professionals. There are a few keys to the success of this system that can be applied to any variable compensation program. Do you want to know more about Performance-Base Equity Compensation ?

Performance Management Survey—What’s Really Happening?

HR Daily Advisor

Performance management is not only important for identifying your high potential employees, but it also has a great impact on your compensation programs and documentation practices. What’s happening with performance management in the real world?

Cafe Classic - Focus on Your Company’s “Sweet Spot” to get Performance Management Program Results!

Compensation Cafe

Its lessons on creating value with the performance management process -- shared via a rather interesting analogy -- are still and particularly applicable today, given the bold steps many organizations are taking with their programs. Performance Management

More Performance Management Survey Results—What Might Your Supervisors Be Doing Wrong?

HR Daily Advisor

In yesterday’s Advisor , we presented some of the results of our 2015 Performance Management Survey; today, the rest of the results, including the role of HR and the top five errors supervisors make. 1,198 individuals participated in the survey, conducted in May 2015.

Sisyphusian Compensation Principles

Compensation Cafe

One of the most ubiquitous principles in compensation is inherent in the term itself. So… what is the value of performing an unpleasant job? serves on the Advisory Board of the Compensation and Benefits Review and will express his opinion on almost anything.

Making the HR Technology Leap

UpstartHR

Despite the availability of various “HR modules” within the system, he uses a point solution to handle recruiting needs and an Excel spreadsheet manage employee data. A few questions that have bounced around in my mind: Which type of organization has better performance?

Andy Campbell on HCM, Data Analytics and Performance Management

Oracle HCM - Modern HR in the Cloud

Andy has years of experience and knowledge in such areas as HCM, SaaS, Modern HR, Talent Management, Talent Analytics, Big Data, Operational Excellence, Innovation, Creativity, Employee Engagement and Business Change. It comes back to the issue of performance.

What’s the Point? Decoupling Performance Reviews and Compensation

Compensation Cafe

While I enjoy blogging here on the Compensation Café , my primary (selfish) benefit of doing so is the tremendous amount I learn every day from my fellow bloggers and readers who regularly share deeply insightful and thoughtful learnings, lessons and applications in the broad field of compensation.

The Objectives of Compensation Management

HRsoft

Compensation happens to be the largest expense that an organization can directly control. Why Is Compensation Management So Complicated? With so many requirements and criteria to juggle, there is no doubt that compensation planning is a complicated area to manage.

3 ways next-generation performance management is evolving for high impact

HR Times

High-impact HR has caused a radical shift in the way performance is being measured and managed in order for companies to be able to attract, engage, and develop their top performers. Evolution of a new performance model is a process of continuous innovation.

Top 5 Performance Review Posts of 2015

Reviewsnap

2016 is almost here and that means it’s time to take a look at the best performance review posts of 2015. From compensation practices to employee performance, 360-reviews to learning systems integration, these are the articles that you clicked, read, and shared this year the most. They’re worth a revisit as you begin planning … Continue reading Top 5 Performance Review Posts of 2015. Performance Management

How do Compensation Planning Tools work?

HRsoft

Compensation today has moved far beyond the mere exchange of money for talent (or time). A high quality compensation plan must be able to: Make the most of each budget allocated to each department and employee. What Makes a Compensation Plan Strategic?

Choosing The Right Compensation Planning Tools

HRsoft

Before choosing the perfect compensation management tool, it is important to understand what should be expected from such a platform. As a matter of fact, compensation planning systems do the following: Allows HR to execute the strategies they so painstakingly brainstorm.

The Other Side of the Coin--A New Look at Performance Management

Compensation Cafe

In terms of performance management, you could really "manage" rather than just labeling the employees and paying them a "no pain, no gain" 2% increase. And, if you could get to the heart of the performance issues and succeed, imagine what it would do for your company's results.

New Research on Cutting-Edge Performance Management: What Are We Learning?

Compensation Cafe

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 performance management practices and an invitation for any qualified organizations to participate. For the past year, I have been leading research on cutting-edge performance management practices at the Center for Effective Organizations (CEO), University of Southern California.

Bersin Says “Thanks” Critical for Employee Engagement

RecognizeThis!

In my last two posts on Compensation Cafe, I shared important research from IBM Smarter Workforce (more on that later this week) and from Bersin by Deloitte. It is at the heart of what good managers do. What’s the “killer app” in your management toolkit?

What GE, Accenture, Adobe and Microsoft Have in Common

RecognizeThis!

More and more companies are turning a critical eye on the traditional annual performance review process as the primary means for employee feedback. wrote a couple of posts on Compensation Café about decoupling pay from the performance review process. by Lynette Silva.

Adobe 187

5 Signs Your Business Is Ready For A Performance Management System

SAP Innovation

The business value of implementing an automated performance management software is significant, but it requires dedicated resources, time, and commitment to do it right. How do you know if your business is prepared to implement a performance management system?

Asked and Answered * Decoupling Performance Reviews and Compensation

Compensation Cafe

In my last post , I tackled the topic of decoupling the traditional formal performance review from compensation, asking why we hold onto old systems we are fairly confident do not work. We need to serve our employees and our managers better.

5 Signs Your Business Is Ready For A Performance Management System

SAP Innovation

The business value of implementing an automated performance management software is significant, but it requires dedicated resources, time, and commitment to do it right. How do you know if your business is prepared to implement a performance management system?

Spark Hire Interviews Vendors at 2015 SHRM Talent Management Conference and Exposition

Spark Hire

Without fail, San Diego kept it classy for the 2015 SHRM Talent Management Conference and Exposition ! We had a wonderful time meeting so many influencers in the talent management space. What was your favorite part of this year’s SHRM Talent Management Conference and Expo?

Put Some Teeth in Your P4P

Compensation Cafe

Often, Pay for Performance can be a similar experience. We have fought to get our programs understood and approved by the same management teams who requested them in the first place. We have trained managers to support these plans and coach their staff.

Does it Make Sense to Make Comp Decisions Without Any Link to Performance?

TLNT: The Business of HR

Compensation & Benefits Evaluations, Reviews & Appraisal HR Communications HR Insights HR Management HR Trends Pay for Performance Performance Management Talent Management Wages, Pay, & Salary Featured

Develop Grow Achieve - 3 Tiers for P4P

Compensation Cafe

Pay for performance continues to rise. However, the failure of pay for performance is rising almost as fast. Usually the drive for pay for performance comes from the top of the company. “We ACHIEVE This is what your CEO or other “boss-like figure” means by performance-based pay.

Moving In Reverse Towards the Future

Compensation Cafe

Even as tradecraft veterans increasingly endorse open transparency in reward systems and recommend robust communications about compensation as the desired best practice, the consensus actua l practice is moving away from that ideal. Confusion about compensation is spreading.

Two Types of Compensation People

Compensation Cafe

Compensation people seem to come in two types: employee judges and employee advocates. One group adamantly maintains that pay for performance is a Good Thing and rewards should be allocated to the most deserving. Another group (which I will carelessly label "advocates") prefers to ignore individual performance distinctions and instead would confer identical generous compensation rights to all employees.

Top 10 Talent Management Blog Posts of September 2015

HRsoft

Here’s a short list of our favorite Talent Management blog posts from the month of September: 6 Ways to Tackle Employee Turnover via SteamFeed. The post Top 10 Talent Management Blog Posts of September 2015 appeared first on HRsoft.

Getting rid of the performance review process? Not really!

OmegaHR Solutions

Performance evaluation is not going away, it is just transforming. Accenture made news recently by announcing they were getting rid of performance evaluation. The problem is they are not really getting rid of performance evaluation. Performance management.

How to Connect your Engagement Survey Results to Business Outcomes

Visier

True analysis should answer questions like: Does changing a team’s manager every year affect their level of engagement? Instead, fashion the analysis into a story that shows, for example, how the rate at which managers change affects a range of engagement measures.

Survey 142