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Three Basic Concepts Regarding Performance Management Software

Posted by Alexa Rivera on Jun 7, 2022 10:01:00 AM
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Managing employees is always a huge responsibility and ensuring that they are productive, engaged, and rewarded becomes even more daunting as your workforce expands. The goal, of course, is for your team and your organization to continue to grow and prosper. Despite the great resignation, there are thousands of next-generation workers joining the workforce every single year. 

How can you best maximize and evaluate performance?  

 

Concepts to Consider 

 

1. Productivity and Goal Management 


Before stopping to consider whether your employees are performing appropriately, you must first ensure that you’ve provided proper guidance in setting measurable goals and objectives and managing the tasks that support the goals. Establishing OKRs or Objectives and Key Results will ensure that your people stay focused on the goal and not be distracted by tasks that may not contribute to the desired outcome. 

2. Check-ins and Collaboration

 

Team check-ins and one-on-ones with managers and employees are essential to engagement and communication.  With so many positions moving to be remote work, regularly scheduled meetings to review performance, collaborate and coach will ensure that your employees are on track to achieve their desired objectives and goals. Not to mention, regular check-ins improve employee engagement. 

Retention is a massive problem in today’s workforce, so checking in on work performance as well as simply showing that you care will go a long way in preventing turnover.  

3. Feedback 


Real-time and time-sensitive feedback is vital to any successful performance-based initiative. Without the proper tools, performance management can be incredibly time-consuming, distracting, and ineffective. 

Performance management software with a partner like PeopleGuru, can make real-time feedback easy to provide. Immediate feedback and course correction will improve satisfaction for both parties and have a significant impact on performance. 

Why Consider Performance Management Software?  

Performance management software was designed to improve business performance by increasing employee productivity. The goal is to align your workforce to your organization's objectives by accurately measuring and evaluating individual and team performance.  

HR solutions that include performance management are proving to be more efficient than third-party standalone solutions that are not fully integrated into your core people management technology.  

Agile performance management software will shift you beyond the outdated annual reviews that have been proved to be infective at driving actual results.  

Managers spend an average of 210 hours (about 1 and a half weeks) a year on performance management-related activities. 

Modern HCM software offers performance management solutions that save time and money all in the same single platform that is utilized for core HR, payroll, and time & schedule. 

PeopleGuru’s Performance management software offers you the ability to:  

  • Conduct reviews, talent & competency assessment, agile goals, and peer reviews 
  • Provide real-time feedback with check-ins 
  • Track employee engagement  
  • Tie performance to salary and compensation 
  • Develop performance plans 
  • Build succession plans 

 

Ready to speak with Performance Management Guru?  

Speak with a Guru

 

This blog post was written by Alexa Rivera and may not be copied or published without PeopleGuru's express written consent. 

Topics: HR

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