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Why U.S. Companies are Losing Faith in Traditional Performance Reviews
Go on the Google search bar and type “Performance Reviews”, you will come across several stories of multinational companies eliminating annual performance reviews. A report published by Bersin by Deloitte stated that, only 8% of companies in their survey reported their performance management process drove high levels of value. 58% felt their process was not … Read more
Identify Workforce Planning Needs to Make your Business Successful!
Think about it. Do you know what will be your organizational goals over the next few years? What kind of skills and employees will be needed to achieve those goals? Are you aware of existing performance gaps in your workforce? Do you have well-defined strategies to fill those gaps? If you do not have answers … Read more
Is your Performance Management too Complex? Empxtrack can Simplify it!
As stated by Wikipedia, “Employee performance management process includes activities which ensure that goals are consistently being met in an effective and efficient manner. The process helps focus on performance of the organization, department, employee, or even the various processes that are a part of the organizations business. A well-defined performance management enables an organization … Read more
Top 4 Nonprofit Recruitment Challenges and How to Overcome them
Is your nonprofit organization competing hard to recruit top talent? Are you concerned about increase in employee turnover rate? Due to limited financial budgets and manpower, nonprofit organizations face a unique set of recruitment challenges. Recruitment Challenges for Nonprofits Unable to Streamline Effective Recruitment Process Nonprofits raise limited funds from donations, government funding and individual … Read more
Have Disengaged Team? Meet Employee Needs with Online HR tools!
“If organizations increase investment in workplace practices which are related to employee engagement by just 10%, they would increase profits by $2,400 per employee” as stated by Accenture. The workplaces are changing… And today, the way people perform business functions is evolving rapidly. Introduction of online HR tools has given a new life to multiple workplace practices – employee engagement being one of the … Read more
HR Trends: Use an Online Recruitment Tool to Find your Next Hire!
Hey recruiters… Wake up…. It’s time to use online recruitment tool to find your next hire! Yes, you heard that right. Is hiring the right person for a job role only a matter of luck? Is that what you think? If so, I would like to take an opportunity to clear this delusion. Hiring suitable … Read more
Overcoming Challenges in Employee Goal Setting
“People with goals succeed because they know where they are going.” Nothing else can sound more precise and correct than these words quoted by Earl Nightingale, a respected author and speaker with interests in subjects of motivation & human character development. Employee goal setting is a method to clearly outline the task(s) that an individual … Read more
7 Best HR Practices to Boost Employee Performance
A powerful HR transformation is on the way with an increased focus on employee performance. There isn’t any organization that can attain productive results without a high-performing workforce. Is declining productivity a concern for you? If so, then it’s high time that you take actionable steps to boost your employees’ morale. Always remember – employees’ … Read more
360-Degree Feedback – A Holistic View to Employee Performance
When performance feedback is collected from all the people included in an employee’s work circle, it is said to have a well-rounded multi-rater performance review. In 360-degree feedback process, an employer seeks feedback from multiple sources to get reviews on an individual’s behavior and performance. Employee performance feedback is a well thought process to evaluate … Read more
Top 5 Reasons to Invest in a Cloud Based HRMS
The HR department is undoubtedly a key element for any organization. With so many responsibilities on the shoulders, it can be an extremely daunting task for HR people to manage multiple processes, especially when they have to cater to an expanding team or organization. A cloud based HRMS is the handiest tool they need. A … Read more
