INDUSTRY INSIGHTS YOUR PEERS ARE READING
Recently we wrapped up an amazing new project, the 2017 Lighthouse Research Performance Management, Engagement, and Business Results study. Logically, we would expect to see variations between what high-performing companies are doing and the rest of respondents. MORE
Assisted by unbiased metrics, today’s managers have increased insight into their teams’ performance and can better determine which individuals might be thinking about leaving. Human Resources Performance Management Technology MORE
Last week I had the pleasure of presenting a workshop based on metrics, evidence-based HR, and change management. For instance, New York spent more than $75 million on teachers to help increase student performance and teacher satisfaction. MORE
To recap, here are the four findings and their respective posts: The top three workforce management challenges faced by organizations today are retention/turnover, engagement, and recruitment. ( Do managers need training on how to coach employees? MORE
A continuous performance management process is critical to staying connected with them and ensuring their growth is on track, rather than becoming stagnant. This management process must be holistic, though. Today’s Management Landscape. Publisher: McKinsey, 2017. MORE
The piece suggests that engagement is derived not from employee happiness, but by “focusing on concrete performance management activities, such as clarifying work expectations and getting people what they need to do their work.”. They should absolutely measure performance. MORE
There are several strategies you can use here, ranging from basic goal checklists in a spreadsheet (not ideal), to hierarchical objectives and key results (OKR) models tracked in a performance management system. 3) Manage Performance via Feedback. MORE
How clear is the line of sight between your performance pay programs, strategically linked performance metrics and the organizational strategy? Managers will receive bonuses tied directly to their survey scores. Image courtesy of Electronic Arts. MORE
Compensation Practices Driving Cultural Shifts In Performance Management Explored In New #HRWins eBook. A lot has been said about the shift from annual performance reviews and employee engagement measurement to more frequent surveys. Not managers. MORE
While at the same time, they’re responsible for the strategies that create a high-performing workforce that delivers an outstanding customer experience and top business results. While there’s certainly a correlation between engagement and performance, it’s widely misunderstood. On the surface, it would appear that an engaged workforce leads to a high-performing one. If engagement is an issue, take a look at performance metrics. MORE
In 2017, Aberdeen found that 64% of Best-in-Class companies (the top 20% of performers as defined by Aberdeen’s Best-in-Class research methodology) distrusted traditional performance reviews. The real problem is that performance reviews are just too retroactive and subjective. MORE
leadership development, performance management, engagement, and workforce planning). In advance of the June 27 kickoff meeting, we’ve compiled 11 human capital metrics to build top talent and succession effectiveness, informed by our research, input from the i4cp People Analytics Board , and Board chair and ROI Institute president, Patti Phillips. MORE
UCF -Demonstrated specific metrics around HR performance, from increased screening measures to specific training points and diversity improvements. At a minimum, it should cover: Recruiting–what has your performance been like? Common metrics? MORE
Performance. So, what is performance to me? If I think back to school, performance was about making sure I got good enough grades to keep my parents happy. At university, performance was making sure I would get 2:1 (warranted or not!) MORE
Bridge the gap between employee performance and profitability. Traditional performance management processes do exactly what they say on the tin: they evaluate and rate staff performance, usually using a symbolic rating system, e.g. 1-5. MORE
I was out at Halogen’s TalentSpace Live 2017 event this week speaking to great HR pros and leaders. Halogen is the king of performance management and they just announced their merger with the king of Learning, Saba. Patty made a statement that stuck with me: “The metrics to running HR are already in the business, you don’t need to create new ones!” She went on to say “Retention” isn’t a business metric. MORE
Data from a Lightspeed Venture Partners survey released earlier this year found that while a majority of companies invest in recruiting and new-hire onboarding programs, few companies invest in employee experience programs, such as performance management and compensation reviews. MORE
Here is what the experts are saying we can expect for employee engagement in 2017: 1) Employee Engagement Will Grow…Slowly. Is it a shift in performance management strategy, or advances in HR technology? 2) Performance Management Technology 2.0. MORE
Engagement was not linked to other critical indicators such as performance ratings, resignations, promotions, or instability of managers. Your industry (and your company) will have their own core business metrics and it is important to understand what they are – and why they matter. MORE
Whether you’re new to leading a team at your organization or have been in a management position for a while, trying to lead a group of people to greatness can be a daunting task. Master performance management by implementing these 4 pillars into your planning process. MORE
By now, we have all noticed the overwhelming trend to ditch performance rating scales and instead, have performance appraisals and performance management be centered on quality conversations and continuous feedback. MORE
How much of an increase in pay are your employees receiving in 2017? 2017 Merit Increases. to senior management, 19.1% awarded as much to employees at the management level, 19.7% awarded it to non-management salaried exempt employees, 20.6% 2017 Biggest Challenge. MORE
Measuring critical employee performance metrics offers organisations key benefits for attracting and retaining top talent while meeting operational imperatives. The primary benefits of employee performance metrics are tied to fostering better employee engagement, which enhances productivity, innovation, creativity, employee loyalty and longevity. That’s why today’s software applications for measuring key performance metrics are so valuable. MORE
This widening wage gap, our study showed, is directly related to the increasing underrepresentation of women in manager positions. Gender equity is a complex and systemic issue that requires action especially when it comes to performance management. MORE
As such, the role of manager will evolve into two distinct types: administrative and mission. As global markets push businesses to become more agile and responsive, it’s tempting to predict that management roles will virtually disappear from progressive companies. MORE
However, as your number of employees increases, you know it is important to begin to establish some structure around performance management. Without a full-time HR person or a fancy HRMI system, how can you begin to introduce performance management policies and metrics? MORE
Yes, You Can Eliminate the Annual Review, Improve Engagement and Still Get Workforce Metrics. The good, the bad and the reality of performance reviews. 5 Overrated Office Perks Companies Should Kill in 2017. Managing a Team That’s Been Asked to Do Too Much. “Too few managers have the courage or the wherewithal to do anything but roll over when their boss hands them an astronomically high number.” The Top Five HR Trends For 2017. MORE
Using leading social science research as our guide, we will uncover why the key to employee engagement is highly intentional performance management. The Intersection of Employee Engagement and Performance Management. How much are disengaged employees costing your company? MORE
Companies both big and small want to steer management decisions away from dangerous half-truths and recycled best practices. Here’s how you can do the same… What’s Evidence-Based Management? Looking for an evidence based alternative to the annual performance review? MORE
Most will happily share valuable insights about their potential interests and become actively involved in monitoring and managing progress over time. What is Career Experience Management? How Crowdsourcing Changes the Game for Performance Management. MORE
Unfortunately, most of those who create metrics in HR and recruiting don’t really understand the strategic mindset of CEOs. And, as a result, the metrics that are reported to CEOs and the executive committee result in no positive action being taken. MORE
See also: The real cost of performance reviews. Read more: How to get executive buy-in for evolving performance management. A company’s performance depends largely on having the people with specific skill sets in the key positions that drive growth, and that’s a key function of HR leaders. Using Total Rewards to Invest in Greater Employee Performance. Enhanced Departmental & Employee Performance Tracking. Performance Management chro hr strategy MORE
Ranging from ‘new managers’ flagged to engage in training, to high attrition in certain teams requiring deeper HR engagement, or resignations of new hires and insights from our recruiting team,” Dennis says. The reactionary route of eliminating performance reviews or making them more frequent is being replaced with a total rethinking of the purpose of performance management. 2018 will be a good year to be in HR. MORE
While this seems obvious, companies didn’t always focus on employee performance management to stimulate growth and satisfaction as they do now. But employee engagement is really a metric to understand the success of your overall employee performance management strategy. MORE
It’s easy to blame employees for their underperformance, especially when their managers are doing the same. The truth, though, is that sometimes it’s the managers themselves who are at the root of the problems. Performances stagnate. HR Management Performance Management MORE
“Annual performance reviews,” report performance management consultancy experts Gallup , “no longer work.”. In fact, research results from Brandon Hall Group’s 2015 survey show 70% of organizations believe their performance management programs are ‘average’ or ‘below average’. MORE
15Five
NOVEMBER 16, 2017
Using leading social science research as our guide, we will uncover why the key to employee engagement is highly intentional performance management. The Intersection of Employee Engagement and Performance Management. How much are disengaged employees costing your company?
15Five
MARCH 7, 2019
While this seems obvious, companies didn’t always focus on employee performance management to stimulate growth and satisfaction as they do now. But employee engagement is really a metric to understand the success of your overall employee performance management strategy.
15Five
APRIL 30, 2019
A continuous performance management process is critical to staying connected with them and ensuring their growth is on track, rather than becoming stagnant. This management process must be holistic, though. Today’s Management Landscape. Publisher: McKinsey, 2017.
ClearCompany HRM
DECEMBER 20, 2017
Whether you’re new to leading a team at your organization or have been in a management position for a while, trying to lead a group of people to greatness can be a daunting task. Master performance management by implementing these 4 pillars into your planning process.
Visier
AUGUST 8, 2017
As such, the role of manager will evolve into two distinct types: administrative and mission. As global markets push businesses to become more agile and responsive, it’s tempting to predict that management roles will virtually disappear from progressive companies.
Visier
MARCH 30, 2017
Unfortunately, most of those who create metrics in HR and recruiting don’t really understand the strategic mindset of CEOs. And, as a result, the metrics that are reported to CEOs and the executive committee result in no positive action being taken.
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HR Daily Advisor
DECEMBER 7, 2017
It’s easy to blame employees for their underperformance, especially when their managers are doing the same. The truth, though, is that sometimes it’s the managers themselves who are at the root of the problems. Performances stagnate. HR Management Performance Management
EmployeeConnect
MARCH 20, 2017
Measuring critical employee performance metrics offers organisations key benefits for attracting and retaining top talent while meeting operational imperatives. The primary benefits of employee performance metrics are tied to fostering better employee engagement, which enhances productivity, innovation, creativity, employee loyalty and longevity. That’s why today’s software applications for measuring key performance metrics are so valuable.
Interact
FEBRUARY 6, 2017
“Annual performance reviews,” report performance management consultancy experts Gallup , “no longer work.”. In fact, research results from Brandon Hall Group’s 2015 survey show 70% of organizations believe their performance management programs are ‘average’ or ‘below average’.
TLNT: The Business of HR
JANUARY 5, 2017
By now, we have all noticed the overwhelming trend to ditch performance rating scales and instead, have performance appraisals and performance management be centered on quality conversations and continuous feedback.
Aberdeen HCM Essentials
APRIL 6, 2018
In 2017, Aberdeen found that 64% of Best-in-Class companies (the top 20% of performers as defined by Aberdeen’s Best-in-Class research methodology) distrusted traditional performance reviews. The real problem is that performance reviews are just too retroactive and subjective.
|
Compensation Cafe
APRIL 17, 2017
How clear is the line of sight between your performance pay programs, strategically linked performance metrics and the organizational strategy? Managers will receive bonuses tied directly to their survey scores. Image courtesy of Electronic Arts.
Lighthouse
SEPTEMBER 11, 2017
Recently we wrapped up an amazing new project, the 2017 Lighthouse Research Performance Management, Engagement, and Business Results study. Logically, we would expect to see variations between what high-performing companies are doing and the rest of respondents.
Quantum Workplace
FEBRUARY 26, 2017
However, as your number of employees increases, you know it is important to begin to establish some structure around performance management. Without a full-time HR person or a fancy HRMI system, how can you begin to introduce performance management policies and metrics?
UpstartHR
JANUARY 3, 2017
UCF -Demonstrated specific metrics around HR performance, from increased screening measures to specific training points and diversity improvements. At a minimum, it should cover: Recruiting–what has your performance been like? Common metrics?
15Five
APRIL 19, 2017
The piece suggests that engagement is derived not from employee happiness, but by “focusing on concrete performance management activities, such as clarifying work expectations and getting people what they need to do their work.”. They should absolutely measure performance.
UpstartHR
MARCH 13, 2017
Last week I had the pleasure of presenting a workshop based on metrics, evidence-based HR, and change management. For instance, New York spent more than $75 million on teachers to help increase student performance and teacher satisfaction.
Ultimate Software
MARCH 8, 2017
Assisted by unbiased metrics, today’s managers have increased insight into their teams’ performance and can better determine which individuals might be thinking about leaving. Human Resources Performance Management Technology
Globoforce
JULY 5, 2017
Most will happily share valuable insights about their potential interests and become actively involved in monitoring and managing progress over time. What is Career Experience Management? How Crowdsourcing Changes the Game for Performance Management.
Globoforce
MARCH 21, 2017
To recap, here are the four findings and their respective posts: The top three workforce management challenges faced by organizations today are retention/turnover, engagement, and recruitment. ( Do managers need training on how to coach employees?
The Tim Sackett Project
MAY 4, 2017
I was out at Halogen’s TalentSpace Live 2017 event this week speaking to great HR pros and leaders. Halogen is the king of performance management and they just announced their merger with the king of Learning, Saba. Patty made a statement that stuck with me: “The metrics to running HR are already in the business, you don’t need to create new ones!” She went on to say “Retention” isn’t a business metric.
Reflektive
AUGUST 14, 2017
See also: The real cost of performance reviews. Read more: How to get executive buy-in for evolving performance management. A company’s performance depends largely on having the people with specific skill sets in the key positions that drive growth, and that’s a key function of HR leaders. Using Total Rewards to Invest in Greater Employee Performance. Enhanced Departmental & Employee Performance Tracking. Performance Management chro hr strategy
Kazoo
JANUARY 18, 2017
While at the same time, they’re responsible for the strategies that create a high-performing workforce that delivers an outstanding customer experience and top business results. While there’s certainly a correlation between engagement and performance, it’s widely misunderstood. On the surface, it would appear that an engaged workforce leads to a high-performing one. If engagement is an issue, take a look at performance metrics.
i4cp
JUNE 16, 2017
leadership development, performance management, engagement, and workforce planning). In advance of the June 27 kickoff meeting, we’ve compiled 11 human capital metrics to build top talent and succession effectiveness, informed by our research, input from the i4cp People Analytics Board , and Board chair and ROI Institute president, Patti Phillips.
15Five
FEBRUARY 22, 2017
There are several strategies you can use here, ranging from basic goal checklists in a spreadsheet (not ideal), to hierarchical objectives and key results (OKR) models tracked in a performance management system. 3) Manage Performance via Feedback.
HR Daily Advisor
AUGUST 16, 2017
How much of an increase in pay are your employees receiving in 2017? 2017 Merit Increases. to senior management, 19.1% awarded as much to employees at the management level, 19.7% awarded it to non-management salaried exempt employees, 20.6% 2017 Biggest Challenge.
Reflektive
DECEMBER 19, 2017
Ranging from ‘new managers’ flagged to engage in training, to high attrition in certain teams requiring deeper HR engagement, or resignations of new hires and insights from our recruiting team,” Dennis says. The reactionary route of eliminating performance reviews or making them more frequent is being replaced with a total rethinking of the purpose of performance management. 2018 will be a good year to be in HR.
Visier
FEBRUARY 16, 2017
This widening wage gap, our study showed, is directly related to the increasing underrepresentation of women in manager positions. Gender equity is a complex and systemic issue that requires action especially when it comes to performance management.
Kazoo
JANUARY 23, 2017
Yes, You Can Eliminate the Annual Review, Improve Engagement and Still Get Workforce Metrics. The good, the bad and the reality of performance reviews. 5 Overrated Office Perks Companies Should Kill in 2017. Managing a Team That’s Been Asked to Do Too Much. “Too few managers have the courage or the wherewithal to do anything but roll over when their boss hands them an astronomically high number.” The Top Five HR Trends For 2017.
AssessTEAM Performance Management
SEPTEMBER 6, 2017
Bridge the gap between employee performance and profitability. Traditional performance management processes do exactly what they say on the tin: they evaluate and rate staff performance, usually using a symbolic rating system, e.g. 1-5.
LAROCQUE
MARCH 9, 2017
Compensation Practices Driving Cultural Shifts In Performance Management Explored In New #HRWins eBook. A lot has been said about the shift from annual performance reviews and employee engagement measurement to more frequent surveys. Not managers.
15Five
DECEMBER 12, 2017
Companies both big and small want to steer management decisions away from dangerous half-truths and recycled best practices. Here’s how you can do the same… What’s Evidence-Based Management? Looking for an evidence based alternative to the annual performance review?
Reflektive
NOVEMBER 1, 2017
Data from a Lightspeed Venture Partners survey released earlier this year found that while a majority of companies invest in recruiting and new-hire onboarding programs, few companies invest in employee experience programs, such as performance management and compensation reviews.
Visier
JULY 25, 2017
Engagement was not linked to other critical indicators such as performance ratings, resignations, promotions, or instability of managers. Your industry (and your company) will have their own core business metrics and it is important to understand what they are – and why they matter.
The Chemistry Group
AUGUST 11, 2017
Performance. So, what is performance to me? If I think back to school, performance was about making sure I got good enough grades to keep my parents happy. At university, performance was making sure I would get 2:1 (warranted or not!)
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