Perhaps you have heard: The performance review is dead—at least, that’s what a lot of analysts out there are saying. We recently spoke with a coaching expert to discuss what should take its place.
Tag: Performance Reviews
Performance reviews are a key element of any employee training and development process. Frequent feedback is crucial in reinforcing positive behaviors and addressing and correcting negative ones.
How you leave a job can make a huge impact on how you move forward, but it can also make a huge impact on the company you leave. Recent research conducted by Reflektive, a people management platform, revealed interesting insights concerning the connection between unfair performance reviews and how likely people are to quit. Additionally, […]
Employers spend around $160 billion per year in employee training and education. But a lot of that money might be spent in vain, as only around 25% of employers that responded to a McKinsey & Co. survey admitted that their training and education initiatives truly improved their employees’ performance.
According to seminal studies, over half of the American workforce is disengaged, costing organizations between $450 billion and $550 billion annually.
In a previous article, we discussed the concept of After-Action Reviews (AARs), a military practice that involves extensive analysis of training events after the fact.
In a previous post, we discussed the results of the State of Continuous Performance Management Survey. The survey results showed significant reductions in some of the negative impacts of only performing annual reviews when companies instead utilized what is known as continuous performance management.
Feedback is crucial to employee development, both to reinforce positive behaviors and to address and correct negative behaviors. Additionally, regular feedback is important in helping employees advance in their careers within the organization. Unfortunately, many organizations continue to limit their formal employee feedback to an annual review.
Continuing from yesterday’s post, here are the remaining eight common human resources mistakes that you’ll want to avoid.
According to research highlighted by iCIMS, workers are now only staying with an employer between 2 and 3 years on average. And up to 70% of employees leave a company for higher pay, and 53% claim that they leave because they don’t think that their employers care about them as individuals. In other words, retaining […]