Compensation and performance are intertwined, but their relationship is more complex than it looks at first glance. While a high salary may initially attract a candidate’s interest, driving continued performance and productivity requires a more nuanced compensation strategy....
While a traditional performance approach relies on annual or semi-annual performance reviews and conversations, continuous performance management focuses on having these conversations, well, continuously....
In today's ever-changing business environment, companies are looking for simple and adaptable ways to improve performance and stay competitive. With a potential recession in 2024 and ongoing global geopolitical instability, leaders will need to be both strategic and flexible in the coming year....
Even though direct reports work under someone else, it doesn't mean they don't hold a high position in the organization. Except for the CEO or president of the company, everyone in the organization reports directly to someone else. Even the CEO himself can report to investors....
It's your strategy compass, ensuring employees and teams are thriving, aiming high, and achieving greatness when each part of the entire performance management cycle falls in line with the rest....
Performance management, which also includes performance appraisals, is a fundamental part of effective human resources work. Therefore, we recommend you read our comprehensive guide to good performance management to get a comprehensive overview!...
What exactly is a key performance indicator? By definition, it is a measurable value that can be used to evaluate the success of an organization, a team or an employee in achieving specific goals....
When it comes to modern management, traditional annual performance reviews are no longer relevant. Managers find themselves caught in a loop of once-a-year reviews that miss the rhythm of real-time progress, slowing employee growth. Does this sound familiar?...
A company's efficiency depends on the performance of its employees, and it is crucial for managers to keep an eye on their team's productivity. Employee performance reviews are not just a formality, but a dynamic tool that, when used wisely, can lead to significant improvements....
Performance management and performance appraisal go hand in hand - that's clear. But before we get into the why and how, let's first get clear on the definitions....
Sometimes managers are simply unaware of the importance of performance appraisals, and inadequate preparation is a symptom of inadequate appraiser training. Or they are aware of the importance, but believe they can get by with little effort....
Discover practical strategies for managers to enhance employee satisfaction, from conflict resolution to preventing burnout and improving performance....
Talent may be hard to find, but motivating them is a challenge in itself. It's the dilemma of the modern manager: he has to ensure that his A-team is not only physically present in the office, but also fully engaged and motivated to perform at their best....