Talent Management
Myths & insights
The War For Talent
3 steps to stay competitive
DISC Styles
Change everything or nothing?
Rising Wages
Time to know your total cost of workforce
Talent Management
Myths & insights
The War For Talent
3 steps to stay competitive
DISC Styles
Change everything or nothing?
Rising Wages
Time to know your total cost of workforce
The performance appraisal is largely misinterpreted. Rather, what makes performance reviews so painful for managers and their employees is misunderstood. The performance reviews themselves aren’t what troubles most employees, as many think, it’s the relationship between them and their managers and coworkers that throw a wrench in the mix. Managers want to inspire their team, but feel as though a particularly tough performance review (or even a good one with some criticism) will demotivate even the best employees. How can you hurdle these three feedback roadblocks? Let’s take a look at what the experts say.
Little wonder. When employees are constantly coming and going, it not only decreases morale and productivity - it also rakes up big costs for your company. Turnover costs include direct costs like recruitment, hiring and training of new recruits as well as indirect costs, such as increased workloads and overtime expenses for coworkers. That adds up.