Performance Management

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Data-Driven Performance Management: How is it Changing in 2024?

Data-Driven Performance Management: How is it Changing in 2024?

In this chapter, we will discuss how 360-degree appraisal systems play a critical role in assessing employee performance from a broader perspective. The role of multidimensional feedback in data analysis and its impact on decision-making processes will be emphasised.

5 min read

Data-Driven Performance Management: How is it Changing in 2024?

In this chapter, we will discuss how 360-degree appraisal systems play a critical role in assessing employee performance from a broader perspective. The role of multidimensional feedback in data analysis and its impact on decision-making processes will be emphasised.
5 min read

High Salary Increase High Performance How Does It Transform?

For people, money is one of the motivational tools. The salary paid to the employee by the employer can have a great impact on his/her performance. The employee may even perceive his/her salary not only as money, but also as a sense of value and appreciation from the employer. According to a study published in the Harvard Business Review, highly paid employees are more motivated and perform better than their lower paid colleagues. However, when we consider that motivation is based on human needs, we cannot say that everyone needs the same thing. In other words, not everyone is motivated by money and high salaries. To elaborate a little more; have you ever heard of a person who "changed his/her job despite being paid the same or a lower salary"? Have you witnessed "an employee whose performance decreased because someone less experienced than him/her received a higher salary"?
5 min read

Focus on the Mindset, Not the Performance

Resulted by the challenges of pandemic, companies put more emphasis on performance management to keep their teams within the game. Performance has always been a priority, but to drive actual improvements, using performance management systems, KPIs, OKRs, annual performance reviews once or twice a year are not enough. Instead, companies should focus on a high-performance culture. To create that culture, adopting a mindset of employee growth through coaching, frequent feedback, and skill development should be new priorities.
5 min read

How To Modernize Your Performance System For Generation Y & Z?

Organizations these days are taking a more modern approach to HR. Human Resources departments are increasingly using technology to improve engagement and performances of employees. HR software vendors market is rapidly growing to help to modernize HR for a new generation of workers.

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