Overcome Performance Management Challenges in Banking & Finance Sector

Overcome Performance Management Challenges in Banking & Finance Sector

Banking and Finance System is the backbone of human civilization. 100% of human population interacts with banks on a nearly daily basis. Banks and Financial Institutions have witnessed a lot of economic turmoil in the past and continue to experience so. Last decade experienced several heavyweights of the industry stumble and collapse without much warning. […]

Top 5 Performance Challenges Faced in Healthcare Industry

Top 5 Performance Challenges Faced in Healthcare Industry

Healthcare is one of the fastest growing industries. To offer quality care to patients, a large pool of well-trained, dedicated medical professionals and cost saving clinical procedures are required. Besides employing doctors, nurses, medical residents and interns, healthcare sector also has support staff – people involved in front desk to back end transactional operations. Undoubtedly, […]

Performance Management in Retail Industry – Ways to Improve Employee Performance

Performance Management in Retail Industry – Ways to Improve Employee Performance

Today, when online shopping has become a prevalent trend, retailers try hard to defeat cut-throat competition and retain customers. Performance of retail employees play a significant role in improving operational efficiency, building customer loyalty and boosting profits. Expectations for better services and excellent customer experience are escalating with each passing day. Offering great shopping experience […]

5 ways HR can help increase employee loyalty

5 ways HR can help increase employee loyalty

Handling a Human Resources (HR) department nowadays can indeed be tough. Staff attrition is the biggest culprit in making this otherwise enjoyable job to unbearable drudgery. Admittedly, no organization of any repute wants staff attrition. Attrition is often caused by absence of loyalty. There are several reasons why employees nowadays are less loyal to an […]

How to Avoid Office Politics Without Getting your Hands Dirty?

How to Avoid Office Politics Without Getting your Hands Dirty?

Office politics is an evil that impacts employee’s performance. It can occur for any reason, be it money, power, status or just for greed. Politics at workplace takes an emotional toll on everyone involved in it. Arguments, favouritism and difference in opinions become a common sight at workplaces where political games exist. Political games, often […]

How to Make Performance Reviews More Meaningful?

How to Make Performance Reviews More Meaningful?

Are performance reviews making any difference in your workforce productivity? Is it even effective in optimizing an employee’s performance? Not sure? You’re not alone! Ideally, performance review is a systematic process to evaluate and document performance of an employee. If an appraisal process is designed and implemented carefully, it can help managers and HR to […]

Infographic : How Managers can set Employee Goals for Better Performance

Infographic : How Managers can set Employee Goals for Better Performance

Take a moment to assume yourself to be a member of sales team in a product based company. An email notification pops up on your laptop screen. Message: Well, the goal doesn’t seem to be an easy one! But is this the right way to decide an employee’s goals? Does the manager even know if […]

Employee Attrition: How Much Does It Cost Your Business?

Employee Attrition: How Much Does It Cost Your Business?

Do you know what employee attrition really costs your organization? You might be speculating the answer, but it’s not that easy to say! Corporate people often discuss and debate over increasing employee turnover causes, issues and costs. Many people believe that turnover costs are hidden. It means employee turnover costs are neither calculated in the […]

Make your Employees an Offer they Can’t Refuse, With Pay-for-Performance

Make your Employees an Offer they Can’t Refuse, With Pay-for-Performance

Say aye, if you read the post’s title and thought to yourself that it has to do with Sales team’s performance based incentives. While you’re not alone, this cannot be further away from the truth; employees of almost any department (marketing, HR, operations and more) can be included in a company’s variable incentive plan. The Society […]

Self Evaluation in Appraisal Process – A Key to Development or Just Another Burden?

Self Evaluation in Appraisal Process – A Key to Development or Just Another Burden?

Many companies these days are opening up their appraisal process with the inclusion of self evaluation system in the appraisal process. Although, some employees and companies consider it an unnecessary time wasting process, it is actually good for both the organization and their employees. The self ratings in performance appraisals allow employees to monitor their […]

5 Tips for a More Engaged Workforce

5 Tips for a More Engaged Workforce

Smart managers do what it takes to keep employees happy as this reduces attrition, increases productivity and creates greater satisfaction. To this end, regular employee engagement is the best bet, which is why many companies have made it their crucial priority. The importance of this continues to be reinforced, whenever we come across situations of […]

Empxtrack Implementation for a Not-for-Profit: Benefits

Empxtrack Implementation for a Not-for-Profit: Benefits

Abstract The implementation of Empxtrack Lite was recently completed for a not-for-profit organization called African Wildlife Foundation (AWF) based out of Washington DC. This case study covers the benefits seen by the organization after the implementation of the package and is based on the feedback given by the customer. Customization of the product Empxtrack considered […]

Implementing a Comprehensive Performance Appraisal System for India’s Leading Retail Chain : A Case Study

Implementing a Comprehensive Performance Appraisal System for India’s Leading Retail Chain : A Case Study

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 […]