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” And weeks later when you finally receive your survey results, you’re getting up-sold by your survey company with promises of more data, competitive benchmarks and consulting services. Well, now you’re not sure, because you no longer have benchmarking data against which to compare the current data. ” Groundhog Day.
Solutions like HighGround offer visibility into three major areas: PerformanceManagement – Organizations that move toward a frequent cadence of performance development get richer data. Platforms like HighGround empower peer-to-peer, top-down and external recognition. Now, HR can finally catch up.
Improve the June Benchmark Survey response rate by 5% by increasing employee communications to three per month. In Michael Hyatt’s webinar, he talks about the importance of posting your goals where they are visible and in a place where you can see them often – whether it’s in a platform like HighGround or through written notes on your desk.
For 2018, there’s a clear front runner: 79% of executives say redesigning their performancemanagement strategy is a high priority. 83% say they see the quality of conversations between employees and managers going up. The reasons why to implement a more modern approach to performancemanagement are clear.
Common benchmarks include: Personal and Professional Growth – Growth, in all its forms (salary, title, recognition), is an intrinsic motivator for the majority of people. HR professionals are moving towards enterprise-level performancemanagement software to tie all these disparate aspects of employee engagement together in one place.
It helps organizations establish employee performance standards and enables managers to evaluate employees’ job performance in relation to these standards. Performancemanagement systems are used to manage employee progress, performance, and development in relation to organizational goals.
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