In today's macro-economic climate, most companies are running lean so they can be extra cautious of their bottom line. Unfortunately, HR departments are often seen as a cost center. However, the ...
Human resources leaders have been trying to design the best performance management program for decades. But it's been impossible to achieve because they often assume uniform needs where there is ...
Many years ago, when we were first introduced to the world of performance management, we became zealots, believing that cities and states were entering a brave new world in which government services ...
Employers have been scrutinizing their performance management systems in the wake of the pandemic, which revealed a number of weaknesses in how reviews were done, Gallup noted. After employers stepped ...
The recently issued mandate, “Performance Management for Federal Employees,” requires agencies to “provide a firm benchmark towards which employees must aim their performance.” It’s on point but fails ...
To fix performance management systems, C. Allen Gorman, Ph.D., industrial-organizational psychologist at the University of Alabama at Birmingham Collat School of Business, suggests implementing a ...
Employee performance is central to many human resource decisions. When determining compensation changes, incentives, promotions, demotions, reductions-in-force, and while also explaining pay ...
Employee performance reviews take time and effort — and aren’t always conducted very efficiently. According to surveys, nearly 60% of businesses use basic spreadsheets to track and monitor staff ...
Management consulting firm McKinsey argues, “Effective performance management systems [are] designed to help people get better in their work, and they offer clarity in career development and ...
Performance Trust Asset Management has some investor-friendly attributes, but other attributes warrant caution, leading to an Average Parent Pillar rating. The firm has seen high portfolio management ...