Tag: Performance Management

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Acronyms and Employee Performance: List Goes On and On

Acronyms are quick and useful abbreviations that allow us to recall lists, speeches, important facts, or procedures through the use of one word or short phrase. Such shortcuts are common in the world of employment, too, and just as useful. TIPS and tricks Acronyms are one of the oldest tricks in the book when it […]

expectations

Don’t Let Unreasonable Expectations Doom Your Workplace Like It Almost Did to WandaVision

It’s official. The Marvel Cinematic Universe (MCU) has successfully expanded to television.  While Marvel has had previous forays into this medium (including Agents of S.H.I.E.L.D. and various shows on Netflix), WandaVision was Marvel’s first television show explicitly interconnected with the happenings of the MCU, which previously was only portrayed in feature films. And while the […]

Interview

How HR Can Address Staff Redundancies with Tact and Diplomacy

The pandemic is causing leaders to navigate a broad range of interconnected issues that span from keeping their employees and customer safe, shoring up cash and liquidity, reorienting operations, and navigating complicated government support programs. Add to this the effects of fluctuating global financial markets, increased competition across multiple sectors, and recent unrest caused by […]

performance

Using Design Thinking and a People-Centered Performance Management Process

In an illuminating TED Talk, “The way we think about work is broken,” Barry Schwartz encourages us to think about whether it’s human nature that creates institutions or institutions that shape human nature. In traditional factory lines, work was simply based on the exchange of labor for money. However, money doesn’t have to be the […]

Arguments in Favor of Hierarchical Pay Raises

In a previous post, we discussed the precarious situations many employers find themselves in when it comes to employee pay increases. We currently find ourselves in a tight labor market with relatively low unemployment, and employees consistently list financial compensation as one of the primary factors in accepting and staying at a job.

An Introduction to Hierarchical Pay Raise Strategies

With the unemployment rate hovering at historic lows, companies need to work hard to attract and retain top talent. And while they’ve tried to do this with a number of different incentives—such as greater workplace flexibility, increased healthcare benefits, positive company environments, etc.—salary remains the primary draw for a big chunk of employees.

Top 3 KPIs to Measure Your Performance Management System ROI

The best way to demonstrate the value of your performance management system is to link it to business impact. To do so, learn how to calculate the cost of employee turnover, engagement, and productivity, and use these key performance indicators (KPIs) to measure the return on investment (ROI) of your new performance management system.