What is Performance Management Software?

Performance management software is a technology that helps companies better understand their employees’ performance and productivity. It allows leadership and managers to easily track, analyze and evaluate workers, ensuring goals are met or trending issues are addressed preemptively. The resulting performance management data can inform compensation, career trajectory, company goals, hiring decisions, performance reviews and just about anything that relates to human capital management.

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Performance Management, Performance Management System, Performance Management Solution

5 Team Building Exercises and How You Can Learn From Them

Team building is one of those aspects of work culture most find difficult to define. How do you rate the cooperation different employees display with each other? Is the failure of a team to perform the result of poor individual participation, a lack of chemistry between members, or bad direction?

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Performance Management, Performance Management System, Team Building

The Most Common “I Quit” Motivators & What You Can Do About Them

There are many different types of turnover; some are welcome, and some aren’t. When a consistently poor performer with a bad attitude is replaced with an employee who excels, that’s the kind of turnover you want to see. However, that’s not always what happens. Very often, turnover can have some seriously negative effects on the organization.

Financially: Every time a business replaces a salaried employee, it costs an average of 6-9 months’ salary. For a manager making $40K, that’s $20-$30,000.

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Performance Management, Performance Management System

A Clear View of the Talent Lifecycle: Offboarding [Part 8]

 

Offboarding is an essential part of the talent lifecycle and for all exiting employees, whether their exit is voluntary, mandated, or the employee is retiring. Sad to say, according to Aberdeen’s 2013 Offboarding research, only about 29% of organizations have a formal offboarding process in place. In this process, the employer has a few goals; check out what the other 71% are missing: 

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Performance Management, Performance Management System, Offboarding

A Clear View of the Talent Lifecycle: Learning [Part 7]

“One of the most important (yet often least respected) parts of business is corporate training. U.S. businesses spend on average over $60 billion per year in this area supporting an industry that includes hundreds of thousands of training professionals, content and tools providers, and technologies.” - Josh Bersin, Senior Analyst, Bersin by Delloite

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Employee Training, Performance Management, Performance Management System

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