Performance Management — How to Engage Your Employees Throughout the Year
The current economic environment, competitive pressures and the need to maximize the use of “people” resources has led organizations to look at their performance management system. Many are finding that their existing processes are used inconsistently and that there is not a direct link to the organization’s strategic objectives. Maximizing employees’ productivity and retaining top performers are critical.
Watson Wyatt’s WorkUSA Study indicates that only three out of 10 employees agree that their organization’s performance management program actually does what it’s intended to do — improve performance. Only two out of 10 workers say their organization helps poorly performing workers improve. However, the Watson Wyatt Human Capital Index demonstrates that organizations that improve their performance management programs can generate a sizable increase in shareholder value.
Join us to learn how to take your traditional “once-a-year” performance management program and turn it into one that will engage your employees throughout the entire year. Learn the value of ongoing dialogue, shared responsibility between manager and employee and aligning your focal point review with your organizations cycle.
Attendees will:
Learn today’s best practices in performance management
Find out how to develop cascading goals that link business strategy to individual employee performance
Discover the use SMART goals to drive performance
Re-examine managers’ role in performance management.
Audience: Compensation, Benefits, HR Management and Generalists
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