According to a study conducted by Manpower Group, 35% of the global workforce is going to be comprised of millennials in the year 2020. Millennials are often characterized by being entitled. Millennials usually prefer clarity in terms of what the…
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The success of your business is largely contingent upon how well your employees perform. But obviously, every business is trying to adopt various techniques to optimize their employee performance management. Maximizing employee’s potential may be a challenging task as the management needs…
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It is estimated that, by the year 2030, 75% of the workforce is going to be the millennial workforce. Millennials want different things, especially when it comes to a performance management software. The millennial workforce is wired in a different way,…
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A performance appraisal is not just a systematic HR administrative process, but it is an important instrument for facilitating communication between employees and managers. Therefore, performance appraisals are an opportunity for employees and managers to review their past performance and formulating…
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Conducting performance reviews is one of the essential components of HR processes to analyze an employee’s performance throughout the year. Performance reviews provide an opportunity to managers to give feedback to their employees and serve as a grounding framework for setting employee performance and development objectives. However, performance reviews are not…
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The most basic problem is that performance appraisals often don’t accurately assess performance. W. Edwards Deming Ideally, performance appraisals should help organizations understand how well their employees are contributing to the overall growth. But, a staggering 82 percent of the…
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Businesses are growing faster, and a lot of companies are adopting new practices to increase their revenue. They need to assimilate new practices with minimum or zero investment in their organizations that could increase the productivity of their business. The…
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Employee goal management has a strong connection with business success. Employee goal management inspires employees, increases performance productivity and drives business productivity. Therefore, it is crucial that managers take into consideration the business results that they want to achieve before jumping into the goal-setting…
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Hiring the right talent is fine, but there is more you need to do in terms of creating a successful business culture. After hiring the best talent, it is important that you create the right conditions for your team members and increase their job satisfaction. Apart from engaging your team…
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In this digitized world, avoiding technology automation is paramount to oblivion. HR Technology is not undermining or replacing human interaction but plays a positive role in creating a collaborative work culture. With the right HR technology, you can innovate and…
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