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Design your program right by defining the following: * Keep the criteria simple and easy for everyone to understand, implement or use for appraisal. * Decide the schedule for the events along with the behaviour to be rewarded, and keep people informed. * Make sure you set aside a proper budget to keep
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An employee performance management software tool helps you conduct employee performance evaluations and appraisals with frequent, regular updates and feedback. An effective Performance Management System needs to enable all the following actions: * Set up and align team and individual goals to Organizational goals * Collect performance reviews, appraisal information, incl. 360-degree
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360-degree feedback is an effective tool for employee development and organizational growth and success. Having said that, it helps to be aware of the pros and cons involved in implementing the feedback process, so as to guard against them and eliminate their effect. Pros: • Anonymous feedback helps to make it
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The world is moving away from traditional performance reviews, to adopt an entirely new approach to performance management, in the following ways: * Creating a culture of growth and making managers responsible for the development of their team members. * Delink performance management from career development and compensation decisions. * Simplify the performance
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Employee engagement involves fostering a work culture that makes the employee feel valued and aligned with the organization such that they put in the maximum effort they can to work for the organisation, thus improving employee performance. Just as each tiny, seemingly insignificant drop combines with billions of others to
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Settings OKRs, aka Objectives and Key Results, needs some orientation, strategy and planning. Here, we have answered some common questions covering the creation and implementation of an OKR strategy to ensure its success. * How do I create an OKR strategy for my company? * Are there any common mistakes companies make,
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Employee engagement is essential to all organizations. It has become an imperative in the remote, work from home arrangements necessitated by the pandemic. We provide some tips to increase employee engagement under the circumstances: 1. Increase sense of belonging. 2. Define goals and targets. 3. Communicate better. 4. Be available.
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Employee engagement needs to be sustained over time to ensure that the organization can reap the benefits of such engagement. Some strategies to ensure this include: * A work atmosphere which excludes anxiety and stress brought on by high workloads and low support from the management. * A committed set of leaders
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Every employee’s individual performance contributes to the organization’s overall performance. That’s the reason more and more companies today are continually looking to improvise their techniques in measuring and evaluating employee performance. Employee performance management, therefore, becomes critical as it aligns the workforce and their individual goal with
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Many organizations are seeking to take their business online and trying to reach their customers. Their chances of success will be higher with the adoption of OKRs. We talk about setting and achieving OKRs with specific illustrative examples for the following objectives: * Use data to increase personalization in messaging. * Increase
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Employees are the most important asset of any organization. Following are the strategies to enable an effective Rewards & Recognition program and drive high employee engagement. * Make it personal * Enable gamification * Provide learning and development opportunities * Motivate with monetary incentives * Floating offs/Holidays and bonus as rewards * Magnify recognition * Use
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Try using OKRs to aid your annual planning exercise to experience the agility it offers to the process and how it makes sure that you achieve your goals. The steps to follow are simple: * Set a Business Goal * Define OKRs with context to achieve the goal * Get all team leaders