Over 90% of managers believe their organization’s performance management process does not correspond to the actual work done by their teams and consequently there is a significant dissatisfaction with annual evaluations! It has been observed that a large proportion of managers who give this feedback are from Project-centric organizations or companies where work is done […]
Performance Management has been unsuccessful in many organizations. Traditional annual appraisals and development programs are no longer appreciated by employees and employers alike. The reason – they aren’t employee centric, meaningful and do not give tangible results. 58% of organizations rate their performance management systems as “C Grade or below.” Statistics shows that only 14% […]
Over 90% of managers are unhappy with traditional review process and over 50% of organizations are exploring ways to revamp traditional reviews. Has the review process failed? The key challenge in a traditional review process is that feedback is provided to employees at the end of the year. This does not lead to any gains […]
The post contains a case study of one the largest financial service providers dealing primarily in remittances, foreign exchange and bill payment solutions. The company has a large support staff of more than 2,200 employees spread across 800 offices in 31 countries to provide end-to-end financial services to worldwide customer base. The company faced challenges […]
“Empxtrack turned out to be the perfect solution for our business as we aimed to introduce a more formal and streamlined annual goal-setting and performance evaluation process in 2018. It is simple to set up, requires minimal time and effort to administer, and user-friendly for our employees. In addition, the customer service team is highly […]
A one-size-fits-all HR software is designed and developed to meet the basic needs of any business. However, organizations require unique solutions to cater to specific problems and needs of their people and business. Thus, there is a growing requirement for cloud based customized HR software that can be personalized and map to the existing processes […]
About the Company This case study is about a company, that provides comprehensive, integrated solutions based on deep understanding of science, the market, and key business challenges that its clients face. The company deploys agile, cross-functional project teams that are responsive to client needs. Their experienced team of experts use proprietary strategic frameworks to help […]
Gallup, through their research found that only 31.5% of U.S. employees and 13% worldwide are actively engaged in their jobs. Lack of engagement and low productivity cost up to $550 billion every year to the employers. People are an important asset to an organization and managers can get the best out of these people by […]
Performance appraisals play a key role in improving employee productivity and business performance. The purpose of performance appraisal for IT companies is to evaluate employee performance against predefined goals. Companies that use performance appraisals are easily able to identify areas where employees can enhance their skills and create development plans to help them do so. […]
Hitting a target that you can’t see isn’t cool. Did you hear that? To achieve your aim, you need to focus on your goals and objectives! Do managers in your company use goal setting and tracking effectively to ensure organizational and employee performance? I am sure only half of you would answer a ‘Yes’! This […]
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 […]
Employee Feedback. Doesn’t this term bother you at times? It does. Why? Because employee feedback is an important element of a successful business workflow and you all know it! Though managers and HR people put hard efforts to pat employee’s back and list down the non-performers, it’s just not enough. There’s something more to it. […]
Before we go deep into the science of Bell Curve in performance appraisal, do you really think it is fair to categorize your employees in boxes designated as ‘top performers’, ‘average performers’ and ‘non-performers’! There are a number of opinions, both for and against this concept, and we can help you make an informed decision […]
This case study discusses the implementation of Empxtrack for a customer who had an existing appraisal system. During the migration to Empxtrack, they also wanted to capture the data from the old system. Since this situation may exist with many companies, we discuss the technical challenges and approach for meeting this time bound task. The […]
KRA stands for Key Responsibility Areas and directly follow from Job Description of an employee. KRAs document the specific areas in which an employee is expected to work. This post shares a simple approach to write goals for employees by using KRAs and KPIs and can be used by employees, managers and HR. While used […]
About the customer The customer is a leading retail chain in India with outlets in multiple states across USA, Europe and Japan. A large conglomerate with interests in various ventures, the company pioneered the concept of customer-oriented retail stores. Over the years, it has successfully promoted a number of brands, products and events using innovative […]
Abstract Accountability in employees is vital to the growth of an organization. This paper illustrates, with the help of a case study, how setting clear goals allows employees to drive performance Before the AGM- 2005 The Board of Directors, managers and the CEOs found that productivity at the company continued to decrease, which made it […]
