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Annual Review Process – Not a term that employees feel happy about! Anxiety, fear, disengagement, uneasiness – the emotions connected to this process are many (though it is not always negative.) In brief, no one really enjoys the annual review process. We know that some organizations have already axed this process for a better one. Are there ways to positively transform the annual performance review?
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No one enjoys the annual review process. This applies to the reviewer and the reviewee: It is a painful exchange that, in my experience, accomplishes very little. Instead of focusing on one stressful day a year to receive feedback, what if managers – and their staff – could engage in meaningful, collaborative conversation all the time?
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Over 43% of the United States workforce is comprised of remote workers—and the ability to work remotely is a powerful recruiting and retention tool for many companies. In addition to those obvious benefits, the organization also enjoys lower costs by saving on office-related expenses, and a boost in productivity as employees are no longer on long commutes.
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Looking to improve employee retention and keep your best employees longer? It starts with the hiring process. Check out eight tips for creating a hiring process and company culture that attracts the best of the best.
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Marketing professionals are the first to posit, they position brands in the marketplace to compete for customers with strategies that amplify customer acquisition and retention and generate strong ROI. So why don’t more companies apply that same competitive rigor to recruit for top talent while lowering the cost and time associated with recruitment and retention?
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This article will explain key changes made in the employee benefits area by the Tax Cuts and Jobs Act (Public Law 115-97), which was signed into law on December 22, 2017. In addition to establishing new rules for transportation fringe benefits, the Act makes a number of changes that may affect how employers structure their executive compensation programs.
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According to data by CEB Global, 95% of managers are not satisfied with their performance review process, and 59% of employees consider performance reviews a waste of time. Performance evaluations can be an effective way to appraise an employee’s performance, but only if it is relevant and accurate.
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As I coached people through receiving their annual performance feedback, I was struck by the impact it had on them. Instead of renewing their motivation and inspiring them for the year ahead, I saw expressions ranging from disengagement through to unease and even fear. Clearly something was wrong with the process and I wanted to find out what.
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For some jobs, you must be in a certain place at a certain time. If you're building planes, you must be in the production hanger. But for many, many jobs, if you have an Internet connection, you can work anywhere and with a lot of schedule flexibility. Yet executives continue to mount an epic fight against working remotely. It would be a heroic battle if they were fighting on the side of right, but they're not.
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