Are you winning employee performance management in your organization? Within the past decade, HR departments have realized the importance and effectiveness of feedback; In fact, companies who implement regular employee feedback have turnover rates that are 14.9% lower than companies where employees receive no feedback. Simple tactics and strategies can turn your company’s performance management loss into a victory. Use these 7 moves below to score big on performance management.
“I will live in the Past, the Present, and the Future. The Spirits of all Three shall strive within me. I will not shut out the lessons that they teach!” -Charles Dickens, A Christmas Carol
77% of HR execs believe performance reviews aren’t an accurate representation of employee performance. Despite this, there is a right way to complete them in order to get the most out of the process. Aside from how you provide continuous feedback to employees throughout the year, how you conduct the actual performance review is also just as important. And, it all starts with planning.
It always feels like the holidays show up out of nowhere, rolling down the hill as if they are a giant snowball at the speed of light. Before we know it, we’re knee deep in snow and belly deep in cookies and eggnog. This fevered pace is reflected in our workplaces too.
Feedback is something that can make or break employee performance. In fact, not providing feedback can be detrimental. Employees are two times more likely to be disengaged if they feel like they are being ignored by their manager.
We keep hearing all about communicating and engaging more with employees. Whether it be through performance-based feedback or monthly team bonding events, you should show that you’re paying attention and that you know what your employees are doing. Plus, a little appreciation never hurt anyone. The following benefits prove why engaging and showing some gratitude can help your employees and your overall organization.
Developing a culture that supports and nurtures high potential employees is not reliant on one or two simple factors. The entire context on which your business operates impacts your results. One of the most important aspects is the culture of your company – how things get done, what works and what does not work as far as behaviors go, how you give performance-based feedback and how decisions get made.
Performance coaching is a rather new management technique where a series of conversations are used to enhance employee well-being and performance. The premise of performance coaching is that employee development and productivity can be boosted by setting aside time to analyze how both leadership and employees can take their skills and performance to the next level. Through the technique, leaders are less focused on themselves, managers connect with issues workers experience and employees continually review progress that sustains their effectiveness. Performance coaching is a step beyond training in that it provides on-the-job training to employees while inspiring advancement.
The Sanderson Sisters are coming out to play this Halloween, and as a manager or department lead, you can’t let them put their spell on you. If you’re finding your performance is flying out the window on a broom, here’s how to work your own magic to keep your performance management in line during this Halloween season.
Communication is key. Whether verbal or nonverbal, you communicate with everyone you meet and it can mean a lot, especially with those we work with.