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.

5 Steps for Creating an Adaptive Performance Management Process

Saba

Case in point: performance management. An increasing number of organizations are moving toward eliminating the annual performance review. For now, let’s focus on performance management. Establish the purpose of performance management in your organization.

7 Intriguing Employee Engagement Trends for 2019

15Five

An inspiring manager creates more team engagement. This piece also provides an in-depth comparison of the top 20 employee engagement software platforms on the market. Data can be a valuable metric, but the feedback/engagement connection is also intuitive.

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 How do you evaluate performance on outdated objectives?

The Means To The Ultimate End – Decision Analytics

Compensation Cafe

Likewise, consumers will also continue to benefit from the ability to better understand and quantify their true needs and to make appropriate comparisons of available products and services, in order to make optimal buying decisions. . Human Capital Management – The Decision Analytics Goldmine.

Annual Performance Reviews Aren’t Dead, but They Do Need New Life

Capterra

If you’re a small or midsize business (SMB) that does annual performance reviews, I have some terrible news. Annual performance reviews are dead. A staple of performance management since the 1950s, gone forever. Jump to: What should stay: Performance ratings.

Put Your Performance Data To Work

ReviewSNAP

Over time, ratings created across many performance reviews throughout the organization can provide real insight into a number of things. Having this capability allows organizations to zero in on performance issues and opportunities.

HR Supercharged: How Modern Tech is Changing Work

ClearCompany HRM

Not to mention, the potential of a system to include Artificial Intelligence and predictive analytics in sourcing , recruiting and managing people more efficiently. HR departments, for instance, use applicant tracking systems to manage job ads, sort resumes, shortlist applicants, coordinate with their team/candidates and so on. HR teams are accomplishing this by integrating their performance management data back into the hiring process in order to hire more great employees.

What to Look for in a Modern Recruitment Platform

ClearCompany HRM

First and foremost, recruitment software should help recruiters and hiring managers organize applicant information and data. In addition to organizing active job seeking applicants, your system should have a solution for sourcing passive candidates and building and managing a talent pipeline.

12 Ways to Go From Administrative HR to Business Impact HR

Visier

The focus on increasing worker productivity will include helping managers identify the key motivators and retention factors for each of their employees. Prior to 2019, every corporate HR function had no choice but to develop its own set of HR metrics to report internally or externally.

RPO Improves Long-Range Talent Placement

Aberdeen HCM Essentials

By comparison, traditional recruiting and staffing leads to an increase in this likelihood of only 28%. At the same time, Aberdeen found that technology spend on talent acquisition resources now outstrips spend on performance management technology by a ration of up to 2 to 1.

Digital Disruption: HR Tech Takeaways at NYC’s HR Unconference

Namely

Gerry Crispin , co-creator of CareerXroads , and Steve Levy kicked off the day with a recruiting discussion around a comparison on every HR pro’s mind: the candidate as customer. Where does HR software fit in with performance management?

ATS 110

4 Lessons HR Teams Can Learn from HBO’s Westworld

Kazoo

And for those wondering if we’re dehumanizing the modern workforce by drawing comparisons to a rebellious group of programmed machines, well, maybe — but stay with us. Think of your managers and leadership team as the trendsetters of your office.

8 Questions to Ask for Effective HR Reports

EmployeeConnect

That’s why staff members complain and protest about inaccurate assessments, data-driven errors and unpopular decisions – HR reporting fails to deliver unless the HR reports dig down into the databases to get the most accurate and relevant performance information, employee profile data and business intelligence. Data-driven decision management , or DDDM, is an approach that uses verifiable data to assist in decision-making processes.

Report 122

The Basics of Big Data, HR Analytics & Predictive Analytics

SMD

HRIS, ATS, LMS, surveys, 360 assessments, performance management ratings, compensation data) but we don’t always harvest the insights and intelligence from the data. HR Application: HR has become much more sophisticated regarding metrics and data collection.

Cafe Classic: Absolutely Relative Increase Rates

Compensation Cafe

Yes, I said “relative change” as in “a metric computed in proportion to a base number.”. Notice anything about those comparisons? . Absolute statements based on relative comparisons can be highly misleading.

Why HR Needs Data-Driven Workforce Planning to Avoid Talent Shortfalls

Visier

In the following graph, we see how many hires are being made, by comparison to the number of job openings: For nearly the entire history of the JOLTS data, more hires are tracked than job openings, but recently this relationship has switched.

Hitting the Accelerator for Pay

Compensation Cafe

The two metrics have a lot in common. A prolific writer (author of the Performance Management Workbook ), speaker and frequent expert witness in reasonable executive compensation court cases, Jim also serves on the Advisory Board of the Compensation and Benefits Review. How hard you should press the accelerator pedal of your automobile is rarely surveyed. But how much an organization should increase its pay is always an issue for compensation people.

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”.

Transformation: Start By Understanding What Success Looks Like

SuccessFactors

Placing emphasis on risk management beyond news tracking. Delivering bottom-line savings and closing loopholes through compliance management. Spend managed and influenced: Top performers manage 82% of their total addressable spend, compared to 68% for average performers.

The Evolution of Employee Engagement

Waggl

According to a recent meta-analysis conducted by Gallup , business or work units that score in the top quartile of their organization for employee engagement nearly double the odds of success, in comparison with those in the bottom quartile.

Manager Title or Director Title Distinctions

Compensation Cafe

Manager or director? Manager versus director is a frequently encountered challenge. The category distinctions that permit differences to be clearly and consistently defined between manager and director as a title are many and varied. Industry : Specific industries treat General Manager and Project/Program Manager titles as exceptions, giving them unique ranks and meanings. The Accounting Manager, on the other hand, controls the whole thing.

Hidden Problems Behind Eliminating Employee Performance Review Ratings

SAP Innovation

With apologies to Mr. Twain for paraphrasing, reports on the death of performance review ratings are not only grossly exaggerated, but missing the mark entirely. The issue isn’t just about pay-for-performance. Develop effective performance management processes.

BLR’s 2017–2018 Pay Budget and Variable Pay Survey

HR Daily Advisor

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% A peek at the maximum increase tied to a performance scale of 1–5 shows that 20.1% Performance management: 8.4%.