What do ‘Best Places to Work’ companies have in common? The simple answer is they focus on employee performance & help them reach their goals. Learn how.
5. Performance Management is becoming
‘Continuous’.
Business directions change throughout the year
& hence the goals.
Continuous feedback is critical for higher level
of engagement. Focus more on employee
growth.
Move away from scoring & ranking
Changing Trends in Performance
Management Space
9. Individual
Employee Level –
Define & Track
Manage Goals
Competency
Development
360 Degree
feedback
Manager Level –
Review the
progress
Track the team
member’s progress
on their goals and help
them when required
Develop the team
members for the next
level responsibilities
HR Level – Review
the progress
Administer the
process
Generate reports and
use them for employee
compensation, employee
development activities
What goes into Performance Reviews?
Management
level- Complete
Visibility
Analytics & Reports
on people, skill set,
competencies and
performance
10. It is not an annual exercise.
HR needs the visibility on the status of the process.
HR spends lot of time in collating the data, creating a spreadsheet and doing
number crunching (for salary revisions).
Managers need past performance review records of their team members.
Managers and projects may change in between. What happens in these situations?
Build the business case for automation
Doing the process on Pen & Paper?
11. Define the feedback form
Define the workflow
Easy to roll out the process
across the organization
Bring in consistency
Save time and effort for HR in
managing the process. Instead
they can focus on employee
development and engagement
Automate
24. Save time & effort for Managers and HR. You can easily
save >70% of your time and efforts.
Completing appraisals on time & release revision papers
Focus on Employee development
Move towards becoming “Best place to work”
Benefits
25. KISS
Keep it simple and straight forward
-- Do not over engineer the process
Encourage Managers have frequent
conversations with their team.
Drive top-down messaging
It will take 2-3 cycles to get everyone understand
and realize true benefits. Start early.