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Halogen is the king of performancemanagement and they just announced their merger with the king of Learning, Saba. She went on to say “Retention” isn’t a business metric. Senior leaders don’t care about retention. Together, they have a pretty great 1-2 punch for organizations to check out.
PerformanceManagement Tools Performancemanagement involves the regular assessment and improvement of employee performance. Performancemanagement tools help HR departments quickly and accurately evaluate employee performance metrics, leading to efficient planning and development.
Tools like artificial intelligence technology can inform retention strategies and help employers predict who is most likely to leave, as well as what incentives might encourage them to stay. Most retention strategies rely on two tools: exit interviews and annual employee surveys. Rethinking Reviews, Feedback, and Performance.
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.
These tools are powerful and disruptive, and they have the potential to redefine how we manage our organizations. As the economy grows and the job market gets hotter, employee engagement and retention have become a top priority. Why is there such a wide variation in employee engagement and retention?
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