article thumbnail

6 Best Practices for Modern Employee Performance Management 

15Five

Is your performance management program actually moving the needle on employee performance? In a McKinsey & Company survey, 54% of respondents said performance management at their organization had not had a positive effect on performance. (If What is employee performance management?

article thumbnail

Build An Effective Performance Management Framework | ClearCompany

ClearCompany HRM

That’s why establishing a solid performance management framework is essential. It allows you to evaluate employee performance while remaining fair and providing valuable feedback. Great performance management doesn’t begin and end with an annual performance review. Competency and Roles-Based Reviews.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Key Factors to Effective Employee Reviews | ClearCompany

ClearCompany HRM

Did you know that only one in five employees are motivated to do great work by current performance management methods? Not to mention, 85% of employees would consider quitting if they felt they received an unfair performance review. But don’t get discouraged if you think your employees may be feeling the same way.

article thumbnail

8 Employee Performance Tools to Boost Productivity | ClearCompany

ClearCompany HRM

But, these employee performance tools can help turn it around. We’re sharing eight examples of performance management tools you should be using to monitor, measure, and improve employee productivity. Why Use Employee Performance Tools? Appreciation from their managers.

article thumbnail

5 Culture Trends for 2019

Companies that are looking to attract, engage, and retain top talent should leverage these trends to create workplaces where employees thrive. As we approach 2019, major shifts in the work environment will continue to affect the ways companies do business.

article thumbnail

Mind-Blowing Statistics on Performance Management, Reviews, and Employee Engagement

ClearCompany HRM

Employee engagement and performance management statistics — and in particular, data around performance reviews — are essentially inseparable. For example, performance review statistics show that more frequent reviews and feedback lead to an increase in employee engagement. Employee Engagement Statistics.

article thumbnail

Types of Performance Management Systems | ClearCompany

ClearCompany HRM

A performance management system is a vital part of human resources and people management. It’s essential for keeping employees on track, spotting high performers, and handling productivity issues. Executing your performance management strategy with software simplifies the process and keeps review cycles on track.