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The Ghosts of Performance Management Past

ReviewSNAP

This sentiment isn’t lost on performance management programs , where only 8% of companies think their appraisal process provides value to the organization and/or employee. . PERFORMANCE MANAGEMENT PAST. PERFORMANCE MANAGEMENT PRESENT AND FUTURE.

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.

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.

Not Your Grandma’s Mid-Year Performance Review (No Offense Grandma)

15Five

Expectations for productivity are as high as any other time of year, and for some organizations the mid-year performance review is just around the corner. Maybe right now you’re doing performance reviews only once a year. How do you evaluate performance on outdated objectives?

Cafe Classic: Compare for Success

Compensation Cafe

Editor's Note: Sometimes providing information in a helpful manner can positively impact performance as well as rewards that "jingle." Comparisons drive behavior. Making the right comparisons can set you up for success. Creative Commons image "comparison" by jimshooz7.

Internal Equity Trumps External Competitiveness

Compensation Cafe

In fact, most experienced compensation professional are able to craft apparently objective survey comparisons to produce any number they want; that is one of the reasons compensation is as much art as science.

The (De)Motivating Effects of Relative Performance Evaluation

Compensation Cafe

As we mature, the types of comparisons we make change, but we're still making comparisons: who earns more money, who performs better in the job, and so on. In the workplace, these comparisons become formalized through the organization's performance evaluation system.

Competitive Market Surveys Rarely Produce Identical Pay

Compensation Cafe

Compensation professionals love to cite “the open market,” while being less eager to admit that every market is different. The reasons may be seem obscure to outsiders, but they are clear to those who follow the arcane practices of the wage and salary management field.

Santa, Where Do Best Practices Come From?

Compensation Cafe

Much as we like to believe that our compensation processes are objective, even numbers have a way of being influenced by human nature. Of course, our predictions are based on experience but they can just as easily be incorrect.

The 100 HR Indicators Every Manager Needs to Know

EmployeeConnect

This list of HR Key Performance Indicators (KPIs) and metrics contains certainly enough to help you fuel your HR dashboard for the next few months if not longer. Performance #8. Supervision rate: the number of employees that a manager has to supervise.

Pay Transparency – Is it Really a Spectrum or Just a Series of Options?

Compensation Cafe

In a David Letterman-esque Brush with Greatness moment, I was pleasantly surprised to see that the theory was from the same Georgetown University professor who taught my Change Management Advanced Practitioner cohort, Brooks Holtom. .

Nonprofits: It's Time to Improve Your Total Rewards ROI

Compensation Cafe

Yet many of my nonprofit compensation clients have invited me to Total Reward discussions because they feel that they could be doing better in a number of employment areas. Are you acting like everything you do in compensation is communication?

Three Tips on Nonprofit Job Pricing Plus a Few on Benefits, Too!

Compensation Cafe

How many of you would think of using a compensation survey that describes itself this way? A unique Mission, wide catchment area and specialized staff that make pay comparisons uncomfortable. Skipping compensation communications because it's the "soft stuff?"

The Best Workday Integration You Never Knew About

Globoforce

Greater talent insight for performance reviews. He shared his take on the value of the integration, from helping with performance management to making your payroll team love you. I was responsible for the implementation of both the compensation and benefit modules.

Cafe Classic: Prejudice Perpetuated by Prior Pay Pattern

Compensation Cafe

For Management : Why ask for prior pay history in the recruiting process? For the most effective/efficient screening, of course, to weed out "the obviously unqualified" candidates. Strong prejudice emerges against anyone paid outside the income band acceptable to the hiring manager.

Hitting the Accelerator for Pay

Compensation Cafe

But how much an organization should increase its pay is always an issue for compensation people. Of course, explaining to the police officer that you were depressing your pedal with the precise same degree of force as the other drivers on the road will not get you very far. Those kinds of issues don't make friends for total reward professionals, who already face enough challenges when playing "compensation cop."

The Benefits of Offering Employee Benefits Statements

HRsoft

When it comes to compensation, the figure that employees will be most concerned with is almost always base pay. But as you know, there are many other components that factor into employee benefits statements, which are also referred to as a total compensation statements (source: SHRM ).

Cafe Classic: Absolutely Relative Increase Rates

Compensation Cafe

Notice anything about those comparisons? . Absolute statements based on relative comparisons can be highly misleading. James (Jim) Brennan is an independent compensation advisor with extensive total rewards experience in most industries.

Cafe Classic: You're Not Treating Me Fairly! (Is This Another Compression Headache Coming On?)

Compensation Cafe

Are they being recognized in line with their own perceptions of their effort, performance, qualifications, job challenges? Second, they look around for comparisons. Managers will have the most influence on these perceptions. Then explain this rationale to senior management.

Workers are looking – and leaving – for career development

HR Morning

Employee development is at the heart of successful talent management. But it’s the ongoing training that’s at the core of talent management —and of retention. Succession planning is a talent management must-do for organizations of all sizes, whether a global corporation, a small non-profit, a mid-sized college or a family business with a dozen employees. Institutional knowledge/Knowledge management. Talent management is a strategic “must-have”.