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The combined forces of a tight labor market and high inflation have really pinched a great deal of American businesses trying to recruit and retain top-tier talent. Of course, companies can’t simply keep throwing money at the problem and trying to outbid the competition. It’s simply unaffordable. Instead, evidence suggests that employers need to reshape […]
Yesterday we began to explore the results of the 2016 Talent and Performance Management Survey. Today we’ll take a look at more of the data.
The HR Daily Advisor® research team conducted the 2016 Talent and Performance Management Survey in January 2016. Talent and performance management is one of the most important and rigorous tasks any HR professional has to deal with. We asked participants everything from how they identify high-performing employees to how they reward those employees to what […]
In yesterday’s Advisor, we presented some of the results of our 2015 Performance Management Survey; today, the rest of the results, including the role of HR and the top five errors supervisors make.
The results are in and show that 92.5% of the organizations represented by our response pool conduct performance appraisals! Here are a few more highlights of the survey:
Performance management is not only important for identifying your high potential employees, but it also has a great impact on your compensation programs and documentation practices. What’s happening with performance management in the real world? What are your competitors up to? Help us find out!
Supervisors’ Role in Performance Appraisals Management’s top responsibilities when it comes to performance evaluations are writing evaluations of their direct reports for 85.6% of survey participants, followed closely by setting goals for/with employees for 78.3%, conducting review meetings for 75.3%, and coaching employees for improved performance for 75.3%. Finishing out the field is reviewing evaluations […]
How Well Do You Measure Performance? Regarding the way their organization conducts performance appraisals, a hefty 75.2% rate their organization as average or above. Details: How well? Percent of Participants Excellent 2.1% Above average 21.9% Average 51.2% Below Average, Needs Improvement, or Terrible 24.8% What Performance Appraisals Measure Overall performance is measured by 80.7% of […]
Some other highlights of the 2013 Performance Management Survey: Employee self-evaluation is part of the process for 58% of respondents and peer evaluation is a best practice for 11%. 22% believe that the employees in their organization are pleased with their individual pay-for-performance program. 13% impose financial penalties on managers and supervisors who do not […]