In the US, 57% say their performance management system needs work.

This is an alarming statistic considering how important performance management is in helping employees thrive in their environment and ultimately contribute to the organization. Further, failure to assist employees with goal setting and year end performance appraisals ultimately lead to employee dissatisfaction and turnover.

Topping the list is the skills of managers, specifically how well they set employee goals, provide feedback, evaluate performance, and link performance to critical talent management decisions such as compensation, development, and careers. According to Mercer’s survey, roughly one in three organizations around the world say improving managers’ ability to have candid dialogue with employees has the greatest impact on overall company performance.
#Mercer #HRcom

<a href="http://www.mercer.com/press-releases/1556435" _fcksavedurl="http://www.mercer.com/press-releases/1556435">Click here to read the full report


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