8 Attributes of an Effective Performance Management Software

The current trends show a shift in the thinking of managers and how they evaluate employee performances. The rise of the culture of ongoing feedback, 360 degree feedback, and regular employee engagement have resulted in a review of existing performance management processes. This change has also affected the design and function of performance management software. The mental shift has revamped what any company should look for in an effective employee performance management solution.

This article will help define employee management software and discuss its importance to companies. We also discuss attributes to watch out for when purchasing it.

What is a Performance Management Software?

A performance management software is a tool that helps companies enforce their performance systems more effectively. Companies do this by setting and monitoring goals, giving feedback, and streamlining other performance management processes. It aims to analyze and evaluate employees’ performances over a period. 

Also read: Top 10 Performance Management Software to use in 2022

The primary aim of a performance management tool is to simplify and speed up the performance management system of a company. And because it speeds up the process, the performance evaluation solution must be the right fit for the company’s existing performance management systems.

Why Does a Business Need Performance Management Software?

A business needs performance evaluation software for various reasons. Some of them are:

  • Employee engagement
  • Saves time
  • Motivates employees
  • It is the future

Let’s know about the reasons in details.

Employee Engagement

A performance management tool helps in improving employee engagement in more ways than one.

  • Goal-setting keeps them focus and on track.
  • Feedback and recognition help them reinforce what they do.
  • Advanced analytics and reports help them understand their strengths and weaknesses.

Using a performance software solution is one of the many ways managers can improve how engaged their employees are.

Also read: Do These 8 Things To Improve Employee Engagement 

Saves Time

Manually monitoring, providing feedback, and conducting follow-ups are time-consuming and ineffective in the 21st century. A company adopting and using performance management solutions will save time and help improve the company’s productivity – which improves profits. 

It Helps to Motivate Employees

Its human nature to dwell on the mistakes or shortcomings of others and not praise or give due recognition after achieving their goals or performing other feats for the company. This behavior can easily lead to an unhappy and unmotivated workforce. The performance solution recognizes achievements faster and gives due credit for reaching their goals on time – creating a happy and motivated workforce.

The Future

The last point here is performance management tool is the future of evaluating employees. Zion market research expects the industry to grow by 13% in the next seven years and earn $5.63 billion by 2026.

Attributes of an Effective Performance Management Software

When a company wants to purchase performance evaluation software, there are some essential features to look out for. We look at eight of them in this section.

The 8 attributes of an effective performance management software are:

  1. Ability to set goals
  2. Provide reports and analytics
  3. Tailored and continuous feedback
  4. 360 degree feedback software
  5. Self assessment
  6. Process a simple interface
  7. Allow for effective communication
  8. Recognition

1. Ability to Set Goals

A study by Harvard Business  covering some group of students over ten years found that students who had clear written goals were on average earning ten times those who didn’t have a one or commit it on paper. The study teaches the importance of setting goals.

A good performance management solution allows for its users to customize their goals. Adding, updating, and setting a deadline date should be possible. The application should also permit supervisors and peers to monitor the set goals and the progress. Possessing this feature will allow managers to monitor their teams, especially if a large unit. It also helps motivate the employees.

It should be flexible, allowing the company to assign goals and objectives in line with the company’s goals. 

Also read: 7 Reasons Why Goal Setting Is Important

2. Provide Reports and Analytics

An organization has a lot of data to process in a limited amount of time. This is true when the data is necessary to make vital decisions.

A good performance management software will summarise all of this data and make a concise report on the activities of individual employees. The software should be able to display employee’s progress in the form of charts and graphs. Doing this makes the information easily digestible.

3. Tailored and Continuous Feedback 

The cry for feedback from employees has only gotten louder every passing year.

A Study analysed by HR Drive found that business leaders expect managers to give daily feedback, which is 170% higher than in 2018. The study also showed that the number of employees who want a formal monthly performance conversation is 89%. The significant change means management needs an employee performance management solution tailored to the employee needs and supportive of continuous feedback.

This feature should give the manager or supervisor the option to send a direct message straight to an employee using the data provided by the software. The manager should also have the ability to comment on the progress of a project, the employee meeting their set goals, or missing out on the deadline. The aim is to have an application that supports feedback and growth within the company.

4. 360Degree Feedback Software

Alongside regular feedback, there is also the growing trend of a 360degree feedback system. Most employees who go in for their review feel a sense of unfairness, as managers can be subjective in their judgement. 360 degree feedback helps to amend this by getting feedback from other managers /superiors, clients, and peers, making the review more objective. 

A performance management tool should allow for this feature, making users anonymous when filling out a 360 feedback form. Some very comprehensive applications create a graph with the information gathered and show the company’s average grade. 

The primary purpose of this feature is to know areas they can make improvements and give recognition to an employee’s strong points. They should not make it into a competition, as even though it can be beneficial – if taken too far can be counterproductive to an organization.

Also read: 10 Benefits of 360 Degree Feedback 

5. Self-Assessment

Assessing yourself is a tough task. The Dunning-Kruger-effect study shows we tend to either downplay our skills or overestimate them. In summary, we are not good judges of ourselves. This problem goes even deeper because we aren’t the best judges of others either, as bias will always affect our judgement. Therefore, it’s necessary to have a data-driven focused approach, and that is what a good performance application will offer. 

The application should show the employees their stats on various KPIs. These stats give the employee a good image of where they are now and need to be. The employee can even suggest ways to improve their performance to their supervisors and the tool can act as a reality check for any employee since it only relies on data. It can also help spur individuals to grow and keep them accountable to themselves.

6. Possess a Simple Interface

A simple interface for a new software application is necessary to understand how it works and to adapt. The interface must be user-friendly to facilitate the implementation and learning phase. The entire organization will use it, and so it should have user-friendly dashboards that allow individuals to access information conveniently. A simple interface and an easily navigable dashboard make users adapt quickly and learn to maximize the application functions.

7. Allow For Effective Communication

Effective communication is the core of any successful company. Employees need information communicated to them to improve their KPI and stay in tune with the organizational goal. The management needs the information conveyed to them in a timely fashion to make strategic decisions. 

An excellent performance management tool should possess good communication options. The ability to send group messages, direct messages, and make group announcements should be present. It should also have the ability to create groups and set meeting schedules and reminders. Posting externally to other social apps like LinkedIn, Facebook and Twitter should be possible soon.

8. Recognition System

Recognition is a vital part of any employee’s life. It is what they crave, what helps them keep growing and improving, and what keeps them focused. Recognition is such a critical part of performance management, a recent study by achievers shows there is a 44% chance of losing employees if you don’t recognize them. So, it is not a debatable feature to have in performance management software. 

The solution should have features that highlight and reward employees who outperform their KPIs and meet their targets regularly. This feature will help employees stay encouraged concerning meeting their goals.

Also read: Employee Rewards And Recognition For An Engaged Workforce

Some Additional Points To Keep In Mind

While the characteristics above are some of the essential attributes to note, there are more we would like to highlight:

Scalability

The software application scalability is necessary because it ensures the company and software application can grow together. No company wants an application that performs but isn’t scalable because they will need to change it in the long term. 

Cloud-Based

A cloud-based performance evaluation tool gives users the ability to access real-time information outside the office and working hours. It can also mean the application has a mobile version.

Before Buying a Performance Management Tool

After identifying the attributes needed in the performance management tool, it’s ideal to practice the following activities. Doing this will help avoid wasting funds and time on a software solution that doesn’t meet the company’s needs.

  • Cull-up and enquire about the features
  • Request for a free demo and trial
  • Read reviews on software listing sites
  • Seek consultations

Call-up And Enquire About the Features

Before investing in a new software program, it’s best to uncover what the product can do. They should be happy to walk you through the system and their features 

Request for a Free Demo and Trial

Ask for a demo version or a free trial and run a pilot process if possible. Most companies should be happy to allow you to test their software application for a specific period. It will help you select the one most suitable for your organization.

Also read: Have you set effective OKRs for your Customer Support Team

Read Reviews On Software Listing Sites

Visiting third-party websites and reading reviews from other customers is a great idea. Most of the employee management software applications available are present on software listing sites that have given customers the leeway to express their distinct experiences with the tool.

Seek Consultations

Consulting a team of experts can also help to simplify the process. The consultants can come in, look at the organization’s process and then recommend the performance software that will suit the organization’s needs.

In conclusion, purchasing performance management software will only help your organization be more productive and have more engaged employees. 


Want to know about Engagedly’s performance management software? Request for a live demo!

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How to Implement SMART Employee Goal Setting in Your Company

What’s the difference between having New Year’s resolutions and a list of goals for your business? The so-called resolutions are wishes, while the latter has a design and specific structure. At least, that’s how it should be. 

Successful business owners use the SMART strategy to draw a battle plan for the year ahead. They know where they want to go and how to get there in the period of time at their disposal. Otherwise, you risk working hard for a year (or more) and have nothing to show for it at the end. 

However, just because managers and business owners are aware of this practice, it doesn’t mean everyone in the company knows how to use goal setting to their advantage. Yet, when done right, it can help improve employee engagement and can drive up performance and productivity. 

Also read: 7 Reason Why Goal Setting Is Important

Setting and meeting goals is quite challenging, but it gets easier when you have all the right tools and in-depth knowledge of how things work. That’s why, in today’s article, we are going to have a look at the meaning behind SMART goals and talk about the most important steps to take when setting employee goals.

What are S.M.A.R.T. Goals?

Goals defined by this method are Specific, Measurable, Attainable, Realistic, and Time-bound (SMART, in short). The strategy was developed as a management concept and the clever naming made it extremely popular all over the world. 

But what exactly does it mean? 

Even when you know each letter’s meaning, it can still be difficult to fully grasp the power of this strategy. Here are a few pointers:

  • Specific: Your goals need to be specific and focus on an area for improvement that can be easily defined
  • Measurable: It’s important to have an indicator of progress to give you an idea of how things are evolving. 
  • Achievable: The goal has to be achievable using the resources at your disposal. Also, you have to name those resources and understand how you’ll use them. 
  • Realistic: What results do you expect after the goal is achieved and are they realistic given your current situation?
  • Time-related: Your goal needs a specific time frame, with well-timed intervals, in order to see its progression in time. 

Pixabay

How to Implement SMART Employee Goal Setting

#1: Involve Your Team

When setting employee goals, you need to consider the way they can improve. That’s why it makes complete sense to include them in the goal-setting process. 

Be open about the company’s growth strategy and talk to your team about what’s in store for them. What type of projects they should expect, what type of resources will be at their disposal, and the timeframe for it all. 

When developing your SMART goals, ask for their opinion on the elements that affect them directly. For instance, if a developer tells you the timeframe for Project X is too tight, ask for more details. Learn why they think this way and create these goals together. 

Doing so inspires a sense of commitment and community within the team. Coincidentally, according to JobSage, goal transparency and collaboration in setting them should be part of the core company values.

Also read: Setting Team Goals? Then This Is The Checklist You Need Now!

#2: Connect Individual Goals with Business Objectives

Do you know your employee’s individual goals for development? In some organizations, employees are handed the goals (or targets, if you want) at the start of the reporting period. In such cases, there isn’t much employee involvement in developing these goals. More importantly, there’s no connection between the view of the company and that of the employees.  

On the other side, when employees’ individual goals are part of the goal-setting process, it results in performance improvement. In recent years, we see more and more organizations create team-performance goals that are connected to functional business objectives in order to allow individuals to grasp the impact of their own actions within the company. 

So how do you do that? 

It all starts with knowing the individual goals of your team members. As the manager, you should know who wants more flexibility in their schedule, who wants more freedom when it comes to execution, and who would like to climb the ladder. Once you have the data, it’s easier to find common ground between business objectives and employees’ individual goals. 

#3: Create Flexible Goals

In the world of business, nothing is absolute; everything needs to be adjusted in order to make sure the goals, actions, and overall company direction correspond with the real world. Otherwise, there’s no reason to spend hours on end planning your battle plan!

Therefore, in order to stay relevant, goals must be adjustable on the go without changing the meaning (unless it’s necessary). 

Here is a hypothetical situation when a goal may need adjusting. 

A company plans to increase its brand’s social media presence by the end of the first trimester of 2022, using Facebook as the main channel. They want 20% more followers and a 10% better engagement rate. However, if Facebook drops in popularity and most of its target audience avoids it, there’s no need to continue with this channel.  

In this situation, the company would find the next most popular channel and adapt their goal’s targets accordingly. They will continue to use the same marketing team and most of the planned resources, but there will be some adjustments in the grand scheme of things. 

Also read: Top 10 Performance Management Software To Use In 2022

The same can happen with your team members. Their goals may change as time goes by and sometimes, you’ll find that what used to be relevant at the start of the reporting period no longer makes sense. That’s OK, as long as you can adjust the goals and keep going.

Wrap Up

Many employees dread the annual performance review (even the ones who know they’ve been good during the year). This happens because the organization doesn’t leave room for growth and learning when things don’t go as planned.

In most cases, a failure to achieve goals says a lot more about the goal-setting process than it does about the ones executing them. So managers and business owners should use the performance review as a learning opportunity. It’s also a way to see what works and what doesn’t work within your organization, since each business environment is unique.


Want to know how Engagedly can help you set SMART goals? Request a demo from our experts. 

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Guest blog contribution by Enrique Garcia

Enrique Garcia Guest Blogger Engagedly

Enrique is responsible for managing partnerships between reputable brands worldwide for BrandMatcher.io. He is agile in finding opportunities where others would recognize them as non-existent and has an instinct to differentiate between what works from what doesn’t. The perfect duo since it combines two things he loves best about the digital spectrum – writing & growth!

10 Employee Performance Review Tips To Improve Performance

Performance review is a term both managers and employees dread hearing. Most managers think it’s a waste of time, and most employees believe it doesn’t improve their productivity. Research has found the old traditional once-in-a-year employee performance review is becoming very unpopular. 

A study published by Workhuman showed companies using annual performance reviews declined on a year-to-year basis from 2016 to 2019. It reduced from 85% to 54% in the years under study. There is talk of the growth of more agile companies that will succeed from continuous feedback, and the rise of the 360 degree feedback system is one sign of this change. 

This article will explore the meaning of an employee performance review, the benefits of using them, and tips to improve it.

What is a Performance Review?

A performance review is an assessment carried out by managers to rate the performance of employees over a specific period. The goal is to help the employees improve on their weaknesses while also encouraging and rewarding them for good work. In the past, most companies conducted annual performance reviews to look retrospectively and grade the employee, which would qualify them for a bonus or promotion. But now it has become more future and development focussed.

Most of the feedback wasn’t helpful since they were after many months. Recently, companies have adopted quarterly, monthly, and some weekly reviews to improve the effectiveness of the employee performance review. Noting that a frequent review will lead to improved performance from the employees, leading to better results for the company.

Benefits of Performance Review

Conducting an employee performance review can lead to many benefits for a company. In this section, we will discuss some of them.

  • It Helps Employees to Stay Engaged 

An employee performance review helps to keep the employees engaged. Most employees want feedback for their work, and studies have shown a 23% increase in a company’s profitability if they have an engaged workforce.

  • Recognize and Reward Achievements

A job performance review is also a time to reward the achievement and efforts of their workers. Doing this will serve as an encouragement and incentive for them to work harder and do more for the company. Statistics have shown that recognition is an excellent incentive for employees, and employees quit their jobs because of a lack of recognition. Rewards like bonuses and promotions are powerful incentives for employees.

Also read: Employee Rewards and Recognition For An Engaged Workforce
  • It Addresses Areas that Need Improvement

An employee performance review is vital in helping to address the areas that need improvement. The manager and staff can discuss the areas that need fine-tuning and discuss the steps, training, or activities they can incorporate to help them improve.

  • Provides a Place for conversation 

A review is also a time when a two-way conversation can take place. Since daily activities may not permit the time to sit and have long discussions on performance, a performance review is a perfect occasion. The conversations can cover topics ranging from hindrances stopping the employee from doing their job to advice or tips on their career path. It can be a place to find guidance and motivation. 

  • It Improves Communication

A crucial benefit of an employee performance review is it helps to improve the communication between the team or group. It helps to clarify the goal and aim of each individual in the organization. Misunderstandings about carrying out an assignment or project are removed through frequent reviews. It also can help to provide regular guidance and direction.

Also read: How Internal Communications Can Align Your Employees With Organisational Goals

Tips To Improve Employees Performance

90% of HR leaders believe annual performance reviews don’t reflect accurate information, while 51% of employees believed their performance review was wrong. There is a cry to improve performance reviews, and in this section, we will help by giving some tips we think will be helpful to you.

  • Learn to Host Regular Review Sessions

The first tip is to adopt a culture of hosting regular reviews. If an annual performance review is the only source of feedback your employees receive, then it’s likely they aren’t performing at their best. Alternatively, if you are a manager, you can adopt a walk-in feedback session, a monthly or a quarterly review session. Practising this allows you to monitor your team closely and gives you more data to work with when giving an annual review. 

  • Prepare For the Meeting

This point is obvious, but it’s vital to re-emphasize it. Preparing for a meeting is on two levels. Since you are not going into a meeting with yourself, schedule a time convenient for both of you. You can share your calendar with your team and agree on the dates to meet with each of them. 

You should also collect all relevant data on the employee. Use the 360 degree feedback system to help you collect feedback from colleagues, other managers, clients, and peers, along with your notes. You will have the data needed for an objective review. The last thing to do in preparation is to have a list of topics you will discuss. 

You can decide to share the subjects with the staff, but we advise you to give the employee some heads up on what you will discuss. Doing this will make the process less anxious for both the manager and the employee.

  • Clear definition of Performance Criteria

Have a clear criterion to measure excellent performance is. The company should provide a proper explanation and detailed breakdown for both the manager and the employee. There should be a rational way to measure impact and define success. 

A system that allows and accurately describes the quantitative and qualitative aspects of the rating. This clarification is to limit bias and unjust ratings, bringing about transparency.

  • Ask the Right Questions

An employee performance review session is not an interrogation session. The employee should see you as a coach or mentor. Ensure your questions are not ‘leading questions’ in nature. Leading questions makes assumptions. 

A good example is, “I saw you taking your time with the assignment. Why were you struggling?” This question assumes the employee struggled because they took their time on the project. It puts the employee on the spot, making them more likely to lie – rather than correct that notion (If wrong). 

The manager can phrase the question as “What was easy and difficult about the assignment?” This question gives room for the staff to explain themselves. If the assignment is difficult or easy, you will hear it in their explanation. Other generic questions you can ask include:

What obstacles did you face?

What accomplishment are you proud of? 

Remember, the aim is not to come on as a judge, but to appear like a coach. 

  • Improve on How Feedback is Given 

Feedback is one of the crucial aspects of a job performance review. In sharing feedback, avoid falling in the feedback sandwich loop. A feedback sandwich is when a manager gives positive feedback and then follows it up with a negative one before finally crowning it up with a positive one.

While the intention is to soften the blow of the negative comment, it can have different effects on different recipients. Some may decide to ignore the positive part of the comment, while others take only the positive portion. This style defeats the goal of employee feedback. 

Instead of the sandwich method of giving feedback, use an approach that separates positive and negative feedback. An example is if you are giving negative feedback, provide examples of how their actions are affecting the business or teammates in real-time. Ensure the person understands this and then suggest potential solutions to address it or them. 

The positive feedback should also highlight how well the employee has done and how well their actions have helped move the department or company forward. The whole point is to be straightforward when giving feedback.

Also read: 10 Best Employee Feedback Tools To Track Performance
  • Constructive Feedback

Constructive feedback is a type of feedback where managers try to provide feedback to their employees constructively. The main aim is to share feedback in a way which doesn’t discourage them and instead make feedback a yardstick for growth and development. It helps employees to solve their work-related issues and problems.

  • Be an active listener 

A performance review is a two-way discussion and, in as much as the employee is the one receiving their review. It is vital to listen to what they have to say. When managers listen, they show their employees they care about their growth. 

This view is powerful because it determines if the employee sees you as someone on their side or not. It’s easier to take feedback from someone you feel is trying to help you. To ensure you are listening to your team members, summarise what they have said and repeat it to them. 

Try not to ignore them and give a rehearsed answer as this shows them you didn’t listen to them but only heard their voice.

  • Get the employee feedback on their performance

Days before the reviews, give the employees their review form to fill. Let them also score themselves and provide honest feedback on what they have done so far. You will be shocked by how self-aware some of them are. 

This makes the conversation flow naturally, and it’s faster to agree on the steps to take going forward. You will have some problems if you perceive the employees differently from how they perceive themselves. Then the manager and the team member will discuss why they see things from different views for the performance review.

  • Decide on the next steps

A good tip for a review is to have an action plan. It isn’t enough to give feedback on areas to improve, but also practical steps or actions the employee can take. A good employee performance review should leave the employee feeling motivated and directed at what to do next.

  • Follow-up

A performance review should be an ongoing exercise and shouldn’t stop when the employee leaves. A follow-up is also part of the process. Keeping tabs on the employee’s performance will help them stay accountable and bring out the best in them.

Using Software In Performance Review

Gathering data, monitoring goals, and giving feedback to a team of individuals is time-consuming and hectic. A study found it takes a manager an average of 17 hours to prepare for an employee performance review. Monitoring and giving feedback in real-time can help improve productivity and create a culture of regular feedback. 

An employee performance review software makes the process simpler and effective. Most performance review software has inbuilt and integrated 360 degree feedback, goals, feedback, survey, learning, and recognition modules. So, using employee performance review software makes the complete process more holistic. Moreover, all the information regarding an employee is available at the same place and allows everyone to access historical data on employee performance.

Conclusion

In conclusion, improving the performance review of any company will require the organization to take a step back and look at what they are doing wrong. It requires them to understand and know their employees and take steps in the right direction. The tips which we have mentioned above will make the process more effective.


Do you want to know how Engagedly can help you with employee performance review? Request a demo from our experts.

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Annual Performance Review For Modern Workforce

Performance evaluations are crucial for any organization since they assist in determining an employee’s contribution and an appropriate level of compensation for his efforts, such as a pay raise or promotion. Effective quality assessment techniques also assist businesses in determining where their employees stand in terms of their skills, talents, and potential flaws.

What is an annual performance review, and what does it entail?

The ‘annual performance evaluation‘ process is vital to an organization to measure productivity and develop ways to achieve better results.

Performance assessments are conducted in the form of a ‘yearly performance review’ or a ‘quarterly performance review,’ in which an employee’s overall performance and output are assessed against a set of clearly defined standards.

Performance management is indispensable not only because it determines an employee’s salary increase and promotion, but also because it correctly assesses an employee’s abilities, strengths, and weaknesses.

Traditionally, performance evaluations happened once a year and were primarily concerned with analyzing prior performance. Modern performance evaluations take place once a year, quarterly, or monthly, with the goal of driving and enhancing future employees’ results.

Also read: 10 CHARACTERISTICS OF THE MOST EFFECTIVE PERFORMANCE MANAGEMENT SYSTEM

Traditional Performance Appraisal Techniques

Here are some of the common traditional techniques:

  • Appraisal through an essay.
  • Ranking Methodology.
  • Checklist Methodology.
  • Comparative Analysis.

Since traditional annual performance review uses a point-based or rank system to assess an employee’s contribution, it fails to capture the overall performance and productivity of an employee, which are based on many other parameters too. 

Modern Performance Review Techniques

Due to the shortcomings of traditional evaluation techniques, modern performance review techniques were created. It focused on all possible parameters to capture the overall performance and productivity of an employee. Some of the parameters that made it stand out were:

  1. 360 Degree Feedback
  2. Establishing Objectives
  3. BARs
  4. Checklist Methodology
  5. Assessment Center Methodology

Let’s have a look at how these various annual performance review techniques and their usefulness.

Methods for Conducting Actionable Performance Reviews

Organizations may improve employee performance by using the appropriate performance evaluation approach. In fact, a smart strategy for evaluating employee performance may make the entire process more efficient and enjoyable.

So here’s a closer look at some of the most popular modern performance techniques.

1. 360 Degree Feedback:

Known to have originated in 1930, 360 degree feedback is a multifaceted performance assessment system that assesses an individual based on input from their circle of influence, which includes supervisors, colleagues, customers, and direct reports. This strategy will not only remove prejudice in performance assessments, but will also provide a clear picture of a person’s abilities.

The following are four essential components of this evaluation method:

  •  Self-evaluations:

Employees may use self-appraisals to reflect on their performance and identify their strengths and limitations. Self-appraisals without defined forms or formal processes might become liberal, indecisive, and prejudiced.

  • Managerial evaluations:

Managerial performance evaluations are a conventional and fundamental method of assessment. These evaluations must contain supervisory assessments of individual employees as well as senior managers’ evaluations of a team or program.

  •  Peer evaluations:

Peers are the most relevant evaluators, as they are the ones with whom one works with closely. These evaluations aid in determining an employee’s capacity to work effectively with others, take initiative and contribute consistently. Peer camaraderie or enmity, on the other hand, may skew the final judgment findings.

Also read: THE IMPORTANCE OF PEER FEEDBACK AT WORKPLACE
  • Testimonials from customers or clients:

Internal customers refer to product users inside the business. External customers are not employees of the organization but they maintain contact with an individual employee of the company on a regular basis.
Customer evaluations may help assess an employee’s production more accurately, as they may offer an impartial view.

360 degree feedback has a number of advantages

  • Acts as a platform for the activities such as mentoring, counseling, and professional development.
  • Encourage people to engage in their knowledge growth and to accept change.
  • Integrate performance feedback within the company culture to increase employee engagement.
Also read: 360 DEGREE FEEDBACK: BEST PRACTICE GUIDELINES

2. Setting goals using the MBO and OKR methods

  • Management by Objectives (MBO).

In its most basic form, Management By Objectives is a way for establishing objective-based goals. Employees and management work together to accomplish objective-based goals. Management and the employees address and re-examine these objectives from time to time.

This employee performance evaluation technique is further divided into four parts:

  1. Setting objectives: The management and the employees discuss what objectives they need to establish. 
  2. Standard of performance: This is the benchmark that defines how to achieve these objectives. To put it another way, to what extent must these requirements be fulfilled in order to attain the set objectives.
  3. Comparison: A comparison is made between the time the objectives were established and a certain period in the future, such as three or six months. Managers and employees can both observe the improvements that have occurred.
  4. Review on a regular basis: Employees and management meet to discuss the employee’s progress. The next step is to inform the employees on what aspects they need improvement. It also involves discussing which targets have been achieved or surpassed, and how to attain the objectives.
Also read: SETTING OKRs FOR SUCCESS IN 2022
  • The OKR (Objectives and Key Results) Methodology

Objectives and Key Results (OKR) is a prominent goal-setting methodology that helps businesses to establish and execute strategies efficiently. 

The framework has many advantages, including a stronger emphasis on important goals, more openness, and improved (strategic) alignment. OKR does this by focusing employees and their efforts on accomplishing a set of shared goals.

An OKR comprises: 

Objectives: Objectives are like future goals. Objectives guide employees toward the goals to be achieved in a certain period of time. An Objective determines the course of action, much like a map’s goal. Objectives should be non-technical and devoid of metrics to ensure that everyone knows where they are going.

Key Results: A Key Result is quantifiable and must be achieved in order to meet the Objective. It includes a statistic that has a start and end value. 

Key Results track the progress of an employee toward the objectives, acting as a beacon indicating how near you are to achieving your goal. In simple words, these are the results that employees need to accomplish to reach the set objectives.

The term “Initiative” refers to all the measures and activities that will assist employees in achieving the Key Results.

The framework contains a set of guidelines that employees may use to prioritize, align, and track the results of their activities. 

OKR assists organizations in creating a link between strategy and execution, allowing them to shift from an output-based to an objective-based work style.

Check Out: OKR CONSULTING, TRAINING AND CERTIFICATION

3. Behaviorally Anchored Rating Scales (BARS)

Behaviorally Anchored Rating Scales assess an employee’s performance-related behavioral attributes. Each statement or question comprises sub-statements that explain the employee’s conduct in a particular situation. A successful BARS evaluation method is made up of several parts:

Identifying Critical Cases: It is necessary to identify a group of behaviors or important situations that have an influence on the entrusted job.

Performance Dimensions: Various performance characteristics, such as actions that affect a specific aspect of the employee’s function, are compiled. 

Measurable Scaling: Analyze improvements in behavior as per a scaling system. Employees’ strengths and weaknesses may be assessed by comparing their results on these measures.

4. Checklist Methodology

This employee performance evaluation technique is not as time-consuming as many other standard methods are. It is a popular strategy since it saves time and compares all employees on the same set of criteria.

A set of questions is given to the managers. The questions might be yes/no, multiple-choice, or statements. The responders might next indicate their level of agreement with that statement.

5. Assessment Center Methodology

The German Army first developed the idea of an evaluation center in 1930, but it has since been refined and adjusted to match today’s environment. Employees may receive a clear view of how others see them and how it affects their performance using the assessment center technique. The key benefit of this approach is that it can not only measure an individual’s current performance but also anticipate future work performance.

Advantages of an Annual Performance Review

Completing performance assessments on a regular basis may help businesses to share areas of improvement with the employees to enhance performance and productivity. The following are some of the advantages of performing an annual performance evaluation:

Creates opportunities for advancement in your career:

Employees’ career paths may improve with the aid of performance reviews, especially if they want to rise to a higher position within the organization. A frequent assessment may act as a guiding force to the employees.

Enhances efficiency:

Giving feedback encourages employees to compete better. When a manager gives anticipated comments to the employees, they are more motivated to perform better. Due to the fact that performance assessments are associated with incentives, they may help motivate and reward employees for their efforts.

Enhances employee engagement:

Employees perform better when they can understand how their activities influence the organization as a whole. Frequent performance reviews also demonstrate to employees that their manager values them and is willing to invest time in their development. This way, there is a high scope that an employee would prefer to work with an organization for a long duration of time.

Also read: DO THESE 8 THINGS TO IMPROVE EMPLOYEE ENGAGEMENT

Assists in determining training:

Companies may use performance assessments to discover which employees need more training and to choose areas for training purposes. Employers can help employees meet daily goals by providing workshops on productivity or by lowering the target quota.

Expectations are clarified:

Managers might restate their expectations for an employee during the annual performance review. This aids individuals in comprehending their everyday work tasks as well as what their employer expects of them.

Smooth flow of conversation:

Performance assessments provide managers with a scheduled and defined period to review how each employee is performing overall. Managers may coach employees and provide recommendations on how to enhance their performance during these sessions. 

This time turns out to be an ideal period for a smooth flow of conversation, with no interruptions, between the two parties. Also, employees can ask questions and address any issues they have during this period.

Assesses objectives:

Employers may assess how effectively an employee met their objectives and offer inputs on what objectives to be set for the next cycle. Establishing a goal-setting system that is updated on a regular basis ensures that employee is developing and contributing to the organization’s overall purpose.

Documentation:

Managers may monitor an employee’s progress and performance by keeping a record of their work over a certain period of time. Organizations may save each employee’s documents in a personal folder for further inspection. This allows higher management to keep a track of an employee’s performance with whom they may not have frequent contact. In the present day, organizations use performance management software to store historical data on employee’s performance.

Identifies improvement areas:

Employers who conduct performance reviews on a regular basis may identify areas of improvement on time and fix them. This is necessary before the shortcomings have a negative impact on the organization. 

Strengthens Team Bonding:

Managers and employee may use performance assessments to align their goals and brainstorm together. Meetings on a regular basis might help to strengthen ties and make the employer look more accessible. Peer evaluations allow employees to know how much their colleagues value them.

Also read: TIPS TO MANAGE STRESS OF REMOTE TEAM

Positive reinforcement:

Employees often lose sight of why they work or how an individual’s efforts contribute to the success of the organization on a day-to-day basis. Employees may be apprised of their contribution during the evaluation process. The positive feedback would motivate the employees to better their performance and productivity.

Assessing the right direction:

Employees may ask managers questions about ongoing projects and obtain further advice or direction during an annual performance review. 

Conclusion

Choosing the correct performance assessment techniques has become more important in today’s world. The reason is that it indicates an organization’s attitude toward its employees and how concerned the organizations are about their employees’ confidence, performance, and productivity.

In line with this, technology can be a useful tool to reduce the overwhelming tasks of performance review. With an appropriate annual performance evaluation tool in hand, organizations no longer need to spend hours developing and implementing performance assessment procedures. To put it in simple words, technology has evolved to an extent, where it can handle and assess the performance of the employees, based on certain criteria.


Want to know how Engagedly can simplify your annual performance review? Request for a live demo from our experts.

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10 Characteristics of the Most Effective Performance Management System

It was not long before organizations used manual methods to track employee performance. But, it was quite tedious and time-consuming, as it required managers to track the performance of multiple employees and provide a status report to senior management. Over the years, organizations have adapted to an employee performance management system that have had the capability to track employee performance annually. These systems also helped in overcoming the challenges of conventional systems like manual processing, manager bias, and time required for performance management. But there were still a lot of flaws that led to employee disengagement, loss of productivity, and reliance on the personal judgment of managers.

The introduction of advanced and performance-driven employee performance management systems has overhauled the entire process. Organizations now rely on systems that help in measuring employee performance at regular intervals and can provide innovative solutions to complex human resource challenges. An HR performance management system takes into consideration multiple factors of organizational performance and provides actionable insights for improvements. The system is scalable, organized, and offers multiple benefits, such as increased employee engagement, reduced turnover, reduced employee dissatisfaction, strategizing organizational goals, increased revenue, and focusing on DEI initiatives. 

Before we jump to the characteristics of employee performance management solutions, let us understand the problems that traditional management systems encounter.

Also Read: What is a performance management system?

Problems With the Traditional Performance Management System

The purpose of having a performance management system is to create a skilled and motivated workforce aligned with organizational goals. With the changing business dynamics, increased global competition, and green initiatives taken up by organizations, it has become imperative to have a diverse and inclusive workforce that is able to take up business challenges. 

The different types of performance management systems are helping organizations overcome the challenges they faced with traditional systems. Let’s discuss the problems faced by organizations.

Traditional Performance Management is Time Consuming

A report by CEB talks about the time-consuming process of performance review conducted by organizations annually. It shows that a manager spends an average of 210 hours a year in the process, and an employee devotes 40 hours. Cumulatively, it accounts for thousands of work hours that get wasted in the inefficient process of performance review. 

Also Read: 10 Best employee feedback tools to track performance

Ratings do not Reflect the Real Performance of Employees

The same report by CEB shows that 9 out of 10 employees are not satisfied with the performance review process. A majority of employees are dissatisfied with the ratings they get from their managers. Ratings are based on the most recent performance and don’t take into account the complete review of employee activities.

Talent Management Software

The Process is Laborious and Expensive

The countless number of hours spent in the performance review process adds to the lost revenue and administrative costs incurred in conducting the process. A report by Deloitte pointed out that their performance review process accounts for an investment of 1.8 million hours for the whole firm. Many small and medium-sized businesses are already overworked and need money for expansion and growth. Traditional performance management systems put extensive pressure on managing expenses and maintaining an efficient workforce.

Also Read: Impact of employee engagement on productivity

The Process Cannot Accurately Measure Performance

Seeing the inaccuracy and insufficiency in measuring employee performance, many organizations are starting to look for better performance management measures. A report by Gartner highlights that 81% of HR leaders are making changes to their performance management systems. Many leading business enterprises, like Accenture, Deloitte, Microsoft, Gap, and Adobe, have switched to an entirely new people management process that saves time and leads to better business results.

Characteristics of Performance Management System

A progressive performance management system is one that helps in motivating the employees and offers improvement plans to those with learning gaps. Moreover, it focuses on maintaining a higher engagement level and enhancing the skills of employees through frequent check-ins, constructive feedback, and accurate performance measurement. 

While selecting the best performance management system for the organization, it is important to understand the following characteristics of employee performance management solutions. These traits help in making a performance management process reliable, continuous, and data driven.

Also Read: 10 Best tools for employee goal setting

Fair and Accurate

A major issue with the traditional performance management system is the personal bias and perspectives of managers, which inhibits the fairness in the process. Fair and accurate performance review is done by involving multiple people in the review process of an employee.

A modern performance management system involves 360 degree feedback and reviews that incorporate feedback from multiple partners. Such a review process eliminates the personal bias and perspectives of managers and takes anonymous feedback from the concerned people.

The System Must be Efficient

An efficient performance appraisal system establishes and communicates goals and performance expectations to employees. It helps in reducing the manual efforts and overall time required to conduct the performance review process. Thereby providing accurate results for taking actions. 

Continuous, Flexible, and Intuitive

As organizations have started embracing automation, they look for performance management systems that can simplify complex tasks and are flexible enough to accommodate changing business dynamics. Performance management systems are continually evolving with technology. They offer intelligent insights based on the input data and solve multiple technical problems that is difficult for human resource managers to comprehend.

Also Read: 5 Features too look for in an OKR software

The System Must Focus on Employee Development

The purpose of implementing performance management tools is to enhance the performance of employees. It is achieved by understanding their current skill-set, challenges, engagement level, and opportunities, and matching them with the organizational objectives. 

An effective system focuses on imparting employee development plans for those employees that are lacking in optimum performance and rewarding those with exceptional performance. The system helps in gathering the employees’ information and creating a well-defined learning path for them. Even the measurement of employee development results and ROI is easier with an HR performance management system.

Learning and Development

Aligned Towards Organizational Goals

The performance of employees is directly linked with the achievement of business goals. If the workforce is not aligned to the organizational objectives then it becomes difficult to accomplish organizational goals . A performance management system aids in aligning the employee goals with organizational strategy. 

It can be achieved by setting goals that reflect the business strategy of the company. It requires taking every department and business unit into consideration while crafting the goals. Once the goals are designed, leaders have to cascade the goals down to every manager and employee in the organization. The last step is to review, monitor, and measure the success of these activities. 

Also Read: Reasons why goals setting is important

Aligned With Organizational Culture and Values

A report by Deloitte on core beliefs and culture found that “94% of executives and 88% of employees believe a distinct workplace culture is important to business success.” Organizational culture and values constitute the vision, mission, business strategy, and day-to-day interactions of employees with leaders, managers, and peers.

Employees are able to build a strong relationship and a sense of bonding with the organization when they feel like they are a part of the culture. A performance management system drives engagement, productivity, and development by undertaking multiple initiatives. It helps in building a closer relationship between an employer and their employees. It helps in creating a sense of purpose, achievement, and involvement among employees within the organization. 

The System Must Help With Goal Setting and Tracking

A performance management system helps in setting SMART (Specific, Measurable, Achievable, Relevant, Time-bound) goals. Research shows that setting goals in collaboration with employees increases accountability and also align individual goals with organizational goals. The check-in feature of the performance management system also helps in tracking the overall performance of team members. Thereby enhancing transparency in the review process.

Also Read: Benefits of 360 degree feedback

Integrates All Aspects of Employee Development

Employee development is a cumbersome process. It involves various parameters, like skill development, job rotation, job enrichment, mentoring and coaching, and lateral moves. As organizations grow in size, employee development gets more challenging. Thus, it requires a thorough analysis of the workforce and creating a plan for every employee. 

Using employee performance management solutions can simplify the tasks of employee analysis, learning path creation, execution, monitoring, review, and success measurement. Managers can use the performance review tools to quickly identify employee development opportunities and quickly start the process.

Customization, Security, and Integration

Integration with other HR technologies and tools is a key feature of performance review software. Because today’s businesses utilize various technologies and tools for employee management, it is important for software to seamlessly integrate and interact with other platforms to provide a better employee experience. 

Specific business demand are met by tailoring and customizing performance management software. It also ensures data security to meet global business standards.

Also Read: Common leadership challenges at workplace

Supports Learning Culture in Organization

Creating a learning environment contributes towards the growth of an organization. It helps in increasing employee productivity, engagement, ownership, and interpersonal relationships. Developing a learning culture is a long process. It requires collaboration from all the stakeholders of an organization. 

Organizations can shift toward a continuous learning process by adopting an intuitive performance management system. The focus should be on the following aspects:

  • Providing every employee with the opportunity to actively participate in their learning process
  • Rewarding and promoting continuous learning 
  • Providing resources and tools for employee learning and development
  • Encourage social learning within your organization.
  • Providing coaching and mentoring sessions to employees
  • Measuring the success of learning activities and reviewing the culture at intervals

By taking into account the above-discussed characteristics, organizations can select the most effective performance management system based on their business needs and dynamics. We hope this article has answered your queries regarding the traits of performance management systems. 

Employee Career Development

Why You Need An Employee Performance Management System

Employee performance management systems have become exceedingly popular these days among all organizations, big or small, and it’s easy to see why. The COVID-19 pandemic has made remote work all but universal and an increasing number of companies recognize the advantages of remote work: lower costs and higher productivity. But to take complete advantage of the benefits of remote work, it’s key to monitor your employees and record their performance, and there is no better way to do that than by using an employee performance review system. These systems are a must-have for any modern organization, even if they don’t extensively use remote work.

Why are employee performance management systems so popular? 

Performance management systems have become one of the most demanded solutions because of their elegance and simplicity. These applications are fully attuned to the needs of a modern work environment, even if it isn’t remote.

Decentralized Work Environment 

Work environments have been becoming increasingly decentralized since the start of the twenty-first century, long before the pandemic hit. Decentralization has many advantages: It allows companies to structure themselves flexibly and in an era of increased specialization in white-collared work. It just makes sense to give individual experts more freedom of movement and decision-making. 

Not to mention decentralization has resulted in improvements to employee morale and increased employee satisfaction with jobs. Employee performance management systems are key to maintaining a good decentralized work environment since they guarantee that employees remain productive and at work, even when not directly supervised.

Also Read: The Complete Guide To Working From Home

Increasing Automation in Workplace

According to a survey by McKinsey & Company, 50% of organizations use AI for at least one business function.

The latest wave of automation is a direct result of the internet and the information age. There are so many things software does cheaper and better than people. Nowadays, fewer and fewer people are working in the traditional workplace. One consequence of automation has been that the people whose jobs don’t get automated usually fulfill very specialized and cognitively demanding roles like management or consultation. 

Therefore, using performance management tools can help to vastly improve the performance of these specialized professionals. They are accurate, objective, and help managers automate the managing process.

So there are a lot of practical reasons why most organizations today are motivated to invest in performance management software: the advantages of acquiring performance management tools are very high, and, conversely, the disadvantages of not acquiring them are also significant. 

Organizational Benefits of using performance management systems 

Detailed Information

Chiefly, performance management systems provide detailed information about employees’ performance metrics. This information is invaluable in assessing what areas an employee is lacking in and where they’re doing well. Managers can use this information to accurately construct an image of what their employees are doing right and what they’re doing wrong. Managers can also use this information to figure what tasks employees are better at doing and assign them tasks accordingly. Essentially, managers receive an overall perspective on how their employees are performing individually and collectively. It will allow them to vastly improve employee performance management. 

Objective Feedback 

Most performance management systems also have in-built feedback mechanisms that let managers directly inform employees of their shortcomings and offer them advice on how to improve. Managers can also easily provide feedback scores for employees on applications that are objective, accurate, and impartial. When evaluations are done by employee performance systems, employees don’t have to worry about any biases or prejudices creeping in. The accuracy of performance management systems is especially important for large corporations with large numbers of remote employees, as it is difficult to enforce impartiality in manager reviews on a large scale. 

Also Read: 10 Best Employee Feedback Tools To Track Performance

Employee engagement and morale

Performance management systems also boost employee engagement with their organization since the applications allow employees to obtain detailed information on their performance metrics as well as about how their managers see them. The increased engagement is particularly important for remote work operations since more people report feeling alienated from working remotely than on-site. Improved employee engagement is important since it allows employees to experience higher morale, which translates to higher productivity. As such, organizations have a lot to gain from achieving higher morale by using employee performance software.

Growth and Consistency 

Employee performance management systems help organizations streamline their workflows by identifying what their employee’s individual strengths are. Organizations can take advantage of this information by assigning employees’ tasks according to what they do best, which would maximize productivity and minimize inefficiency. Consistently assigning tasks to the employees best-suited to performing them will have important long-term consequences for organizations. Their ability to produce a consistent quality of work within predictable time periods will provide organizations with many growth and expansion opportunities. 

Reducing Firing Risk

Employee performance management systems objectively identify which employees are the best performers, but they can also help identify the low performers. This information can assist HR and managers identify the weakest links in their organization and terminate  their employment if needed. Employees also benefit from performance management systems. Their job security increases from knowing that as long as their performance is objectively reviewed,they won’t be fired unless their performance metrics decline by a certain amount. The clarity offered by these systems is effective in improving company morale. 

Talent Retention and Development

Employee performance management systems are effective in highlighting rising talent and allowing managers to notice which employees have increased productivity. Managers can easily identify which employees have the most potential and offer them training and promotions accordingly. The improved ability to identify talent will also allow organizations to become more meritocratic, prioritizing individuals who have the most success. Long-term, this type of objective performance-based meritocracy ensures an organization’s employees to remain highly motivated, as they are recognized and awarded for their talent. The increased meritocracy translates to improved financial benefits for organizations long-term.

Also Read: Want To Know Why Your Employees Leave? Here’s Why

Disadvantages of not using employee performance management

Not employing a performance management software in today’s day and age has some serious drawbacks for most organizations. 

Lack of objectivity 

Without dedicated employee management software, at best your organization could use general database software to record information, costing a lot of unnecessary time and energy. Or worse, you don’t employ anything to track employee performance, which will make your performance reviews biased. Skewed employee performance reports mean that your managers don’t fully know who’s doing well and who’s not. Since their biases and prejudices can creep into the performance reviews, your managers might become disliked by your employees. Inaccurate employee reviews can lead to increasing tensions between management and team members, which will lower overall morale and hamper employee engagement. 

Mismanagement and lack of communication 

Without performance management software to provide them with easily accessible information, your employees will be left relatively unaware of how they’re performing. They won’t know what their respective strengths and weaknesses are. Also, it will be difficult for employees to communicate with managers regarding their feedback, especially if a single manager oversees a large team. The lack of effective communication and performance measurement means that in the long term, your organization could suffer from serious mismanagement problems that hinder productivity and prevent otherwise attainable growth.

Also Read: 10 Ways To Improve Communication At The Workplace

Poor planning and Task Management

Without precise knowledge of their employee’s respective strengths and weaknesses, managers will have to rely on guesswork and intuition for assigned tasks and planning for large projects. This lack of knowledge is a prime source for poor planning and task mismanagement problems to rise. Not only will it take longer for managers to decide which tasks to assign to which employees, but it’s also far less likely that your manager’s decisions will be optimal given the lack of data. Employees also suffer from this state of affairs since it’s likely they will be assigned work they’re not optimally prepared for. 

Training gap 

Without the ability to accurately and systematically highlight the weaknesses of their employees, organizations will not recognize what areas their employees need training in. Employees will continue working with their existing problems, and the organizations will have no knowledge of how to correct them. The lack of effective training from their employers will lead to employees suffering from decreased morale and, without their weaknesses corrected, both the employees and the organization will suffer from inefficiency. Investing in an employee review system will correct this problem by highlighting areas of weakness.

Poor Morale and Retention 

Without a performance review system, organizations suffer from unnecessary inefficiency. This inefficiency translates into financial losses in the long term. If employees begin to feel that they are not receiving enough recognition, it will lead to a decrease in morale and increased attrition. The most talented members of the organization are likely to leave earlier due to a lack of recognition, which will greatly damage the organization long term.

Also Read: Employee Retention Strategy – How To Retain Top Talent?

Lack of effective compensation methods 

It can be difficult to track overtime work and make overtime payments with conventional business tools, which discourages employees from working overtime, especially in large organizations. This issue is particularly bad for companies that have large and slow bureaucracies that take time to process overtime compensation requests. Many employees may even feel a sense of distrust towards their managers and employers for this lack of support during overtime work. A performance management system can bypass the issue with bureaucracies entirely and provide employees comfort in knowing that they will always be paid overtime, which will improve organizational morale.

Conclusion

In conclusion, employee performance management systems are a great investment. They help in managing today’s employees in a modern decentralized workplace. They help your managers make objective informed decisions about what your employees are doing right, what they’re doing wrong. It helps them recognize the right talent. Without using such a system, your organization is likely to suffer from inefficiency, which will result in long-term financial and productivity losses.


Want to know more employee about performance management systems? Request for a live demo.

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How to Conduct Performance Reviews for Managers?

A top-down performance review is the norm in most organizations. Employees sit anxiously as their managers rate and rank them based on their performance during the current year. The problem is, the report is only coming from the managers to their employees and not the other way around.

Study by Gallup shows managers contribute significantly (up to 70%) to how engaged an employee is at their jobs. Another showed that 71% of managers agree that employee engagement is an important factor that affects an organization’s success. So, when direct managers influence employees’ performance, why aren’t there more bottom-top performance reviews for managers?

Also read: What Is A Performance Management System?

Although this article may not directly answer this question, we will discuss the importance of a performance reviews for managers, the points to note when conducting one, and what to evaluate when carrying one out.

What is a Performance Review?

Before we drive into the article, we will quickly define performance review. A performance review is an assessment that aims to identify strengths and weaknesses, grade the work done in the past year, and give constructive feedback to improve the person under review. The goal of a performance review is to make sure the receiver can improve.

The aim is to develop the person to contribute better to the organization’s mission. According to a Gallup study, disengaged employees cost U.S. businesses up to $550 billion in lost productivity each year. Moreover, actively disengaged employees are nearly twice as likely to leave their job within a year.

Importance of Conducting Performance Reviews for Managers

A line manager is also an employee. The crucial difference is that they are to watch over other employees. This means they are not exempt from being reviewed either. That’s why here we show why performance reviews for management are crucial.

  • Strengthen Employee Engagement

A study by Cio showed that when employee engagement is low, it leads to people leaving their jobs, and for others, it means not giving their 100% in the office. Many employees would love to give their managers feedback to improve their work relationships, but most companies do not have that built-in into their system. A performance review for managers signals to the employee that the company cares about their voice – and wants to hear from the employees about their management. It’s a great way to boost employee engagement. 

Also read: Goal Setting Software Guide For CIOs
  • Helps to Identify Leadership Problems

Most managers in leadership positions got there because they showed consistently outstanding results or, for a select few, a reward for their loyalty. Most managers aren’t born leaders. They learn this trait while working and grow into that position with time and training. Employees carrying out a performance appraisal can help pinpoint areas of weakness their managers can work on, and other aspects that may require training.

  • Improves Work Environment

The worst kind of workplace to be at is the toxic type. And to develop a productive working space. There is a need to clear the air of tensions among workers, side comments, and unsatisfactory conditions in the office. One way of doing this is by conducting a performance appraisal. Employees who have received feedback during their performance review can also “rate” their manager. 

It’s a great way to exchange feedback and is also a good conversation starter. It allows employees and managers to be more honest with themselves. And they can work together towards improving their working condition. If management sees no improvement from the team, they can step in and handle the case themselves.

Points to Note When Conducting Reviews for Managers

While it is significant to look at a team’s review from both sides (employees and managers), it is also vital to know how best to carry out a manager’s performance review in the workplace. Unlike an employee’s review, where a manager rates a subordinate, in a manager’s review subordinates review the manager. 

This dynamic can lead to a power play by the manager, like intimidations and threats that affect the result. To avoid this, here are some steps you can take when conducting a manager’s appraisal review.

  • Make the Review Process Confidential

The most important aspect of the process is to maintain confidentiality. This confidentiality means that all the reviews should be anonymous to everyone, including the HR personnel, who is likely to be in charge of the process. Doing this gives the staff members the confidence to express themselves freely without worrying about any backlash from the manager.

  • Ask Specific Questions But Allow for Clarification

The questions should be specific. They can come in different formats, including the Likert scale questions format, Yes or no format, and open-ended formats. The Likert scale asks a question and gives you a range of options to pick an answer. 

For example: How knowledgeable is your manager about their job? Instead of two extremes, like a yes or no going for “Strongly Disagree,” “Disagree,” “Unsure,” “Agree,” and “Strongly Agree” give you a broader range of options to choose from.

Yes or No question formats are straight to the point. The questions demand that the employees give a yes or no answer. Open-ended questions need the employees to go into details. It provides room to explain the problem and suggest potential solutions for them.

Most performance reviews are a mix of two of these formats and styles. Management will need to encourage employees to answer the questions to the best of their ability to get fair reviews of the manager.

  • Take Prompt Action

It should not be all talk. Acting on the problem as fast as possible is as essential as conducting the performance review itself. This act tells the employees that you take them and the appraisal seriously. If the problems are not as pressing, management can take their time but should realize that the longer they take, the more those minor issues fester and disrupt the employees working under such managers.

  • Monitor the Process

The last point to note when conducting a manager’s performance review is to monitor the changes you have implemented. Carrying out surveys with employees, stopping by for inspections, and monitoring the performance of the manager and their team is a vital step. It ensures that the solution is long term and gives management something to compare for the next review.

What to Evaluate When Conducting the Review?

When evaluating employees’ performance, there are skills the manager assesses. They assess their work ethics, problem-solving skills, collaboration, and decision-making. In the same way, employees will need to review their manager’s skill set. We will briefly discuss them.

  • Supervisory Skills

Supervisory skills monitor the manager’s ability to organize, direct, and oversee his team. This skill will rate his ability to explain the details of a job, correct it with accurate instructions and guide their team to achieve their goals. Staff members can share their experiences of when the manager showed supervisory skills. Management can also ask staff members to share an incident when they didn’t show these.

  • Communication Skills

Communication skills are an essential skill to have in the workplace. The team members will appraise the supervisor on how well they can make their point. The staff members will review the supervisor on their ability to give clear and concise instructions.

How often do they engage in providing constructive feedback? Do they go over to re-explain a task if not clearly understood by a team member? These are also some other questions that management will ask under this skill set.

Team members will need to give examples of the manager’s communication skills. Communication can also cover communicating outside the workplace.

  • Emotional Intelligence 

In modern times, emotional intelligence has become a crucial part of management. It determines how well managers can handle conflict and embraces emotional vulnerability. The conflict may be internal, meaning a team member is battling out-of-work issues. Or external, which is between two or more team members. 

How good are they at encouraging, motivating during tough times, and connecting with their team? Can the person control themselves when angry? How does the person relate and interact with other members of the team?

Staff members will review their performance based on how their manager treats them.

  • Strategic Planning Skills

The reason companies appoint or promote most people into a managerial role is because of their strategic planning skills. They will assess the manager based on their ability to plan, if the manager had the foresight of noting the organizational goal while planning for the team, and how well they adapt when unforeseen circumstances render the initial plan useless. Strategic planning will mean the manager is knowledgeable and flexible enough to make calls that benefit the team and, by extension, the company.

Also Read: How To Build A Successful Upskilling And Reskilling Program

Conclusion

Performance reviews for managers are as important as performance review for employees. It gives them a better understanding and insights into how they work and helps them improve.


Want to know how Engagedly can help you conduct performance reviews for managers? Request for a live demo.

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How Performance Management Software Helps in Employee Development

A report by LinkedIn shows that 64% of learning and development professionals believe reskilling their current workforce to fill skills gaps is more of a priority in a post-pandemic world. Furthermore, employee development has been recognized as one of the most important factors in organizational development by various Fortune 500 companies. 

Annually, US organizations spend over $180 billion on the formal training and development of their employees. The focus on employee development has increased since the pandemic. It created a need for a dynamic and skilled workforce to handle critical and unprecedented business challenges. 

As organizations are competing for the right talent in the global marketplace, it is becoming important to nurture their current employees as well. It has been observed that organizations that invest in employee professional development programs see a substantial increase in employee productivity, higher engagement, mitigation of critical loss making risks, reduced turnover, and increased revenue. Moreover, it gives employees opportunities to understand their career growth and become attuned to the organizational goals. Engaged and productive employees stay longer in the organization and help in achieving better results.

Many organizations are now emphasizing the importance of performance management software to develop and engage their workforce. Employee development is at the core of performance management. It incorporates a performance management program that helps organizations scale up their workforce effectively and methodically. 

Also Read: What is a performance management system?

What Is Employee Development?

Employee development is not a new concept. It gained prominence during and after the Second World War, when countries needed skilled people to carry out work in factories and warehouses. It led to the development of employee training programs that helped unskilled workers gain the skills required to perform their tasks efficiently and effectively. Soon, with the development of technologies and the introduction of power computing, employee training and development initiatives became the norm. 

Organizations throughout the world have started developing programs for employee development to cater to changing market demands, increasing global competition, overcoming quality issues, and developing a workforce for the future.

Continuous employee development involves activities undertaken by organizations to improve the overall performance of employees. It can be based on the goals set by organizations, like reducing employee turnover, increasing diversity and inclusion, and increasing employee engagement, and productivity. 

Based on the goals, organizations can use different approaches to employee development. Training and development programs, mentoring and coaching, employee counselling, cross-functional training, job rotation, job enrichment and enhancement are some of the employee development activities.

Let us discuss the importance of employee development from a performance management standpoint.

Also Read: 10 best employee feedback tools to track performance

Why Is Employee Development Important?

To remain competitive in the ever-changing business environment, it is important to focus on continuous employee development. A skilled and competitive workforce helps in building strategies that are aligned with organizational goals and objectives. 

By adopting performance management software, it becomes easier to organize, monitor, and measure the success of human resources. It assists upper management in strategizing employee development activities and automates the manual processes of goal setting and performance review.

Some of the benefits of employee development that can be achieved through performance management software are discussed below.

Attracting New Talent

A report by Gallup highlights that 59% of millennials focus on learning and development opportunities while applying for jobs. In comparison, 44% of Gen X and 41% of baby boomers focus on skills development as a major criterion for job selection. The increasing reliance on learning and development showcases the paradigm shift among job seekers. 

Organizations that invest in their employees, develop a brand image that helps them attract the right talent. In the last decade, many organizations have started allocating more funds to the learning and development of employees in order to keep themselves more attractive to job seekers. 

Also Read: Impact of employee development on productivity

Reskilling and Upskilling Current Employees

A staggering 87% of millennials see career and professional development as an important parameter in their job. Giving opportunities to employees to reskill and upskill themselves keeps them involved in their career progression and also gives them a feeling of being cared for by their employer. 

By utilizing the features of 360 degree feedback and continuous performance management, organizations can keep track of their employees’ performance and conduct training programs for improvement. It also helps in recognizing and rewarding the best performers 

Improve Employee Engagement

A report published by Gallup states that only 36% of US employees are engaged in their workplace. Globally, this figure is just 20%. Employee engagement is directly related to an employee’s commitment towards the organization. Many executives cite employee engagement as one of the key strategies in building a performance-driven organization.

Focusing on employees’ professional development helps in building an engaged workforce that is more productive and is ready to go the extra mile to achieve their targets. An engaged workforce is less prone to making critical errors and helps in increasing the overall productivity of an organization.

Also Read: 10 best tools for employee goal setting

Succession Planning

Succession planning is important for maintaining a strong position in the market. It is an integrated and systematic process that involves identifying important positions in the organization and creating a talent pipeline for filling those vacancies internally. 

Succession planning requires taking into consideration the current and future organizational needs. It ensures that people with the requisite skills are available to take up the jobs in the future. Succession planning strengthens the overall capabilities of the organization by undertaking the following process:

  • Identifying key areas and positions
  • Determine the capabilities and skills required for key areas and positions.
  • Identifying internal resources interested in the positions and assessing their capabilities
  • Develop and implement knowledge transfer plans
  • Evaluate the effectiveness of the plan

Performance management software aids in the overall succession planning process by identifying employee skill sets and providing a strategic path to develop capabilities and measure the plan’s effectiveness.

Reducing Employee Turnover

Employee training and development have a direct impact on employee turnover and absenteeism. It is generally thought that skilled employees have a greater chance of leaving the organization, but research has shown that by investing in employee development, organizations can reduce the turnover rate and can also prevent frequent layoffs. 

Also Read: 8 steps to effective employee surveys

Aligning Business Strategy With Organizational Goals

Aligning business strategy with organizational goals helps in making informed decisions. It also ensures that everyone in the organization is working towards a common goal. A business strategy has a direct impact on the revenue, sales and marketing initiatives of an organization. To achieve higher results, organizations need to focus on aligning their strategy with organizational goals and objectives.

Performance management software helps with resource alignment by defining employee goals, employee development, and fixing performance criteria that support the organizational vision and mission.

Diversity and Inclusion

One of the most important aspects of employee development is strengthening the DEI (diversity, equity, and inclusion) initiatives. Much research has shown that less represented groups feel the burden of not getting enough support from the management. Thus leading them to quit the organization early. But with the increasing focus on DEI, employers can now create focused programs that help such groups in their learning and development.

Also Read: 10 features to look for in an OKR software

Utilizing Performance Management Software for Employee Development

Performance management software, also known as an employee performance management tool, helps managers track the performance of their direct reports and provide them with real time feedback for improvements. Therefore, many organizations have started switching from traditional performance management systems to data-driven performance management systems, powered by the intelligent insights offered by the tools. 

The features offered by the software help in solving complex human resource challenges. It uses technologies like advanced analytics, AI, and machine learning, and psychological concepts embedded into the system. 

Enagedly is a performance management platform that offers a wide range of features to engage, enable, and develop employees. Its scalable and customizable features like OKRs/goal setting, real time feedback, ongoing check-ins, 360 degree feedback, and talent analytics make it a comprehensive solution for managing a workforce of any size.

Let us look at the salient features of performance management software that help in employee development.

Rewards and Recognition

Researchers have found a direct link between employee recognition and productivity. Employees who are frequently recognized for their efforts are more likely to stay longer in the organization. They are also focused on the achievement of organizational objectives. As many organizations are utilizing the advantages of rewards and recognition, it has become an astounding $46 billion market- Forbes.

Organizations must focus on employee development by rewarding their employees for their efforts and contributions to organizational success. 

Also Read: Performance management tools for employee engagement

Setting SMART Goals

The first and foremost step towards employee development is setting up SMART (Specific, Measurable, Achievable, Relevant, Time-bound) goals. It helps managers and employees track their performance and take corrective action whenever their performance drops. The feature also helps the upper management keep track of the employees from various departments, teams, and roles .

Setting SMART goals streamlines business ideas and focuses the efforts of employees on allocating their time to tasks and activities that bring in the highest ROI. It helps in tracking the progress of employees and can provide insights on actions to be taken for employee development.

360 Degree Feedback

Feedback helps in holistic employee development by providing them with improvement plans, tactics, and measures to enhance their performance. 360 degree feedback is a process in which employees receive anonymous and confidential feedback from their colleagues (including supervisors, managers, direct reports, and peers). 

It is an effective tool for analyzing employees’ performance and motivating them to improve their skills, capabilities, and overall performance. It further helps in the recognition of employees with learning gaps and puts them on employee development programs.

Also Read: Common leadership challenges at workplace

Learning Management System

Learning opportunities are one of the most crucial parameters that define the success of an employee in an organization. Having a performance management system solves the challenges of learning and development. It helps in identifying the current skills of employees and promotes continuous learning on any topic. 

The most advantageous feature of an LMS is its ability to track the learning of employees. Managers can check the progress of their employees, their current performance on assessments, and the learning gaps highlighted by the tool. 

Conclusion

To thrive and grow in these turbulent times, organizations need to focus on the development of their most potential resource: employees. Therefore, by investing in their learning and development initiatives, organizations can create a skilled and performance-driven workforce that is able to take challenges head on and contribute towards the achievement of organizational goals.

We hope the article answers your question about “How software helps in employee development?”.

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Guide to select the right Performance Review Software

Investing in performance review software is one of the best decisions your business could make, given how important these applications are for managing an increasingly decentralized work environment. This type of software streamlines work for managers and offers objective ways to measure employee productivity and improve overall management. There’s a huge variety of these performance tools though, and some are quite the investment, so it can be daunting to decide which one you should pick. Don’t worry, we’ll guide you through the entire process of choosing the right performance review software for you.

Step 1: Understand your needs

You need a clear perspective of what you need from a performance review software in terms of HR, finance, and your specific business goals. 

1. Talk to HR

Since HR is responsible for evaluating employee performance and conducting hiring decisions, they will understand your company’s performance needs best. Your organization’s HR department can inform you on what specific features you need from performance evaluation software. They could easily identify how easily such software can be integrated into your company, and whether you should expect a steep learning curve from your employees when they start using it. 

Also Read: 9 Progressive HR Approaches from HR Professionals

2. Budget Constraints 

Professional performance review software is an investment, often a large one, so you need to set a budget range. After having a general idea of what range you can afford to invest in, you need to conduct a cost-benefit analysis of optional features, opting for only the ones you absolutely need. Ideally, you should set your investment range according to your perceived future requirements. If you expect your company to grow massively in the near future or suspect there’s a severe problem with existing performance management, it may be worth spending more. 

3. Organizational Goals

Performance management software is most effective when you already know what you want. It’s not strictly necessary to have a list of exactly everything you need, but it helps to at least have a general idea of what place the system has in your company. 

For instance, if you’re a software development company, you may want your employees to develop new applications quicker, but you also don’t want to compromise on quality. In such a case, you need performance management software that doesn’t just track time but also provides a checklist of project requirements to ensure new applications are developed quicker without loss in quality.

Also Read: 7 Reasons Why Goal Setting Is Important

4. Use a trial or demo version.

Sometimes the best way to see if something works is to just try it out and see what happens. Thankfully, many performance review softwares have trial and demo versions you can test for a short period of time to see if they fit your needs. Usually, you’ll be given access for a week, which is enough time to collect data and conduct analysis to see whether productivity has improved or not. 

Using trial software is also a good idea if you’re not sure of what additional features you want to have. While testing the demo or trial version of the performance review software, you’ll quickly discover additional things you need. For example, if you’re a real estate organization, you might find that one of the most valuable additional features you need from your performance review software is being able to calculate the time spent per unit by a vendor. 

5. Note the features you want 

Although every company’s needs are different, there are generally a few functions every company needs, like listing goals, recording data, and exporting information. And, depending on your organization, you may have specific requirements like providing in-app feedback to employees too. 

Basic features

  • Assignments

Effective performance review software has the capacity to assign team and individual goals for your employees, and it should be able to integrate them in a way that makes sense from an overall perspective. Objective and Key Results (OKR) can easily be used on performance review software. 

  • Data Recording

Performance appraisal software should allow you to collect performance-related data from employees such as the number of hours logged, the amount of time taken to complete a task, etc. This raw data should be easily accessible for managers. 

  • Export data

You should be able to export the data stored on the application to external sources for safety, analytical, or managerial reasons. There is no valid reason for not being able to do that. 

  • Basic statistics

At least some basic statistical functions should be present, like calculating averages. These statistics offer meaningful information for managers. 

Also Read: What Is A Performance Management System?

Advanced functions 

These requirements may or may not apply to your specific case, but generally the larger and more complex an organization is, their needs will also be more complex. 

  • Goal adjustment and editability 

Depending on your industry, you may have very complex tasks that you assign to employees. In that case, you need a performance review system that allows managers to collect different types of data flexibly and edit task requirements if needed. 

  • Feedback mechanism 

Being able to give feedback directly through the employee performance management application is a desirable feature for large organizations. 

  • Real-Time Progress Updates 

This feature is especially desirable for companies with large numbers of remote workers. Being able to see everything that each employee is doing at a glance helps managers better understand their employee’s conditions. 

  • Visual Representation of Data 

Some performance software lets you construct basic visual diagrams, like piecharts, bar graphs and histograms, of employee performance. These visual aids can be useful if you want to represent information intuitively. 

  • Compensation Integration 

Being able to dispense salaries from a performance application is a useful feature if your employees frequently work overtime, and you would like to track them easily. 

Step 2: Consider Technical Aspects 

Even if you find a performance review system that aligns with your goals perfectly, you still need to make sure it can be integrated into your existing work systems optimally.

1. Compatibility with existing systems

Larger organizations typically already have databases and systems to record employee performance. If you already have such a setup, make sure you can easily export the existing data to the new software. Also, make sure your current It setup will easily allow you to run the software. 

You could start assessing your needs by consulting your IT department about the best way to introduce the performance evaluation software to your organization. Most performance management applications, especially high-end ones, are designed to be compatible with most systems, but you should still check regardless. 

2. Employee adaptation

Transitioning to a new software might initially be difficult for your employees if they’re not technically literate. You might experience disruption caused by the adjustment period, that’s normal, but it should not be a prolonged problem. It should not take your organization more than a week to adjust to the new system. 

This is why trial periods are crucial. During the trial period of a performance review application, take note of how quickly your employees adjust to the new system. If they take too long, it’s evidence that the specific application isn’t right for you. 

Also Read: 8 Steps To Effective Employee Surveys

3. UI – UX or Interface design

A good performance management application should be easy to use with a friendly, clear, and intuitive user interface (UI). Ideally, your staff should experience minimal confusion while using the application. A good UI will ensure the software performs optimally. 

Conversely, a bad UI will lead to disruptions. Employees may find it difficult to use and will make mistakes, skewing the accuracy of the data recorded. Bad UI also indicates the company that developed the software lacks professionalism. 

4. Hosting 

It’s important to pay attention to whether your performance evaluation software can be hosted locally or on the cloud. Ideally, a performance management application should be hosted on a cloud-dedicated server to maximize safety. This type of infrastructure tends to be the most stable, and you should try to get applications that only run on the cloud. 

Step 3: Consider long-term viability 

Performance management software is a long-term investment, so you should make sure the application you choose benefits you long-term.

1. Customer Support 

Inevitably, you will run into problems with any performance management software you use. When these problems arise, you want to make sure the company you’ve hired has a good customer support system. It will help you quickly diagnose your issues and provide effective support. It would be a good idea to check the customer support reviews of different performance review applications. Steer clear of applications with generally bad customer support reviews since it indicates a lack of professionalism. 

2. Scalability and flexibility

Your organization’s needs will change over time as it grows, expands, and encounters new challenges. The performance review software should, ideally, be able to adapt to the changing needs. Your requirements with 100 employees will be vastly different than they are with 10. So make sure that any software you choose to invest in has the potential to be scaled up to the changing needs. The best options will allow you to change nearly everything about the application long-term.

3. Longevity 

Compatibility with new systems is an important requirement. Ideally, the software you invest in today should be fully compatible with various systems for the next 5 to 10 years at least. You should consult with your application’s provider over how long they intend to offer IT support, including how frequently they intend to release updates. The best performance systems will have guaranteed long-term support for their systems and a dedicated team.

Conclusion

An employee performance management software is a great investment, but like any other purchase, you have to make sure you do it right. You need to choose the software that fulfils your specific requirements best, is the easiest to use, has the most number of desired features, and fits in your budget. 


Want to know about Engagedly’s performance review software? Request a demo from our experts!

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What is Continuous Performance Management (CPM)?

Many companies today use a mixed bag of processes and tools to manage their employees. From annual performance appraisals to quarterly or even monthly check-ins, the ways managers evaluate and communicate with their teams vary widely. Some companies, like Zappos, switched to ongoing real time feedback to reinforce performance consistency in the workplace . 

While that can be considered as a standard way of evaluating performance, there is a method that not only boosts steady performance but also builds trust. It’s called Continuous Performance Management (CPM) and it is changing the way managers think about their jobs as well as the way organizations manage productivity.

The CPM approach takes away the pressure of waiting for formal reviews, which often allows months to pass without any communication from management to employees on how they’re doing. In a study by CEB, the average time between a manager’s review and feedback to an employee was around 120 days — far too long for many companies today. 

Also Read: How To Create A Feedback Culture In Your Workplace?

The perfect storm of social media, instant messaging and overall competitive pressures put leaders at risk if their team isn’t feeling engaged or getting quality feedback in real-time.

How Does Continuous Performance Management Work in the Workplace Setting?

CPM is a more fluid form of performance management — an approach that places the emphasis on employees, not managers. It encourages regular continuous monitoring of goals and feedback (almost daily) that helps both parties stay up to date with what’s working well and where there may be room for improvement. Here are some key components to making this work in your organization:

Using predictive analytics to understand which KPIs you should be measured at any given time eliminating those that don’t matter as much—or aren’t being properly tracked—by employees, can help minimize “data overload” and ensure information gatherers have the right material to work with. This allows for a higher success rate when giving feedback, as employees won’t feel overwhelmed with information they can’t use.

Having an agile management system in place 

It enables managers to receive relevant feedback at the right time. This means creating a “micro-ecosystem” by combining HR and operational technology (OT), which has been shown to provide much more actionable insights than either OT or HR systems alone when it comes to data-driven decisions. 

While this may sound daunting, any company that is already utilizing key performance indicators (KPIs) across their organization will find it straightforward. For instance, if you’re seeing trends in call times and customer complaints, this might be attributed to underperforming employees who aren’t hitting sales goals; thus requiring immediate follow-up from managers.

Also Read: Goal Setting Processes: KPI VS OKR

An opt-in approach rather than opt-out

The “you must participate” approach may seem like a no-brainer, but it’s surprising how many organizations still cling to the old “feedback is just something we do around here, whether you’re interested in receiving it or not” model. As more companies adopt CPM, they’re finding that by asking for employee input on their goals and performance processes, they get better insight into what’s working well. 

For example, when employees actively participate in providing feedback on what KPIs matter most, they feel more invested in hitting them, which makes for healthier teams full of engaged employees.

Rewarding high performers who give great feedback

When you encourage each member of your team to share ideas about best practices — while also rewarding individuals who offer quality insights — you’ll see a more engaged workforce that feels empowered to contribute what they know. 

For example, you could provide incentives or bonus to employees who regularly give managers valuable feedback on how they’re doing—and have them use it as a coaching tool for peers on their team. This is one of the most effective ways to show employees that bosses value good reviews just as much as high performance.

Also Read: 5 Employee Appreciation Ideas For Your Remote Team

Keeping scorecards up-to-date

More companies realize it’s not enough to measure performance over longer periods, such as yearly or quarterly reviews, but rather must do so using shorter intervals that offer instant feedback on real-time data from OT systems. Using something called “forced ranking” (or simply keeping scorecards up-to-date) is also helpful. 

It ensures that managers are tracking results at all times so they can provide immediate feedback to employees on how they’re doing — while also measuring key performance indicators, or KPIs, which tell the whole story about what goals each rep is reaching, and whether their work is proactive enough versus reactive.

Overcoming challenges

While it’s good to have managers who are open to continuous performance management practices, it may present some pitfalls for underperforming employees. Implementing a new system can be overwhelming for those who don’t see themselves improving in the current year. That said, by approaching this change as an engagement initiative, companies can guide staff through these initial growing pains.

Why Organizations Should Implement Continuous Performance Management

To meet customer demand, companies are now expected to produce results faster than ever before. In the past, it was all about hitting certain milestones for a big completion date or project launch – but in today’s competitive business world, being able to deliver in small packages quickly and effectively is what counts most.

In a survey of 3,000+ global companies, 51% cited “speed and responsiveness to market changes” as their number one challenge—nearly double that of the second-highest-ranking response at 28%. This increase in speed can result in more chances of shipment (i.e., such as new products or services), but it doesn’t come without challenges: namely, an increased need to provide instant feedback across teams throughout the company.

Continuous Performance Management is one of the most effective tools companies can use to address this issue and support speedy decision-making. By involving employees at every level of the organization, CPM helps management build a culture that prioritizes real-time feedback and collaboration–empowering everyone to make informed decisions that can benefit both internal teams and clients/customers as well.

Organizations now need more people across all roles (not just managers) to be able to provide instant feedback on everything from tactical projects to strategic initiatives. This means no longer do those closest to key business operations have time for long reviews or evaluations; they must instead quickly assess situations and offer real-time and direction–especially with regard to new developments in the ever-changing digital and social media landscapes.

Benefits of Continuous Performance Management  

The most important benefit of implementing continuous performance management is that it supports faster decision-making across the organization. By constantly receiving input from those closest to projects and operations, managers can help their teams make better-informed decisions on how to move forward with specific initiatives.

On the flip side, employees who are getting more and more feedback and direction on a regular basis (e.g., every two weeks) will be able to see whether they’re meeting goals–and adjust accordingly if need be.

As companies continue moving toward putting out new products and services quickly, long gone are the days where big unveilings were simply annual events–they must now capture early market opportunities as they arise. That’s having access to instant information about who’s using what, when, and where (especially longitudinally) can help companies grasp new opportunities quicker than competitors; plus it ensures a more accurate rollout of future updates.

Real-time decision-making is possible with continuous performance management because, like many other KPIs, instant feedback is captured in real-time — allowing managers to use the most up-to-date information available when making decisions. This enables teams to recognize any issues or delays early on in an initiative or project, so they can quickly move toward alternative options without wasting too much time.

Challenges of Continuous Performance Management 

While CPM has a long list of positive benefits, it’s not without its own set of challenges. One is that some workers may feel as though they’re being micromanaged–having every move documented and measured closely by managers, peer-to-peer , can make employees feel uneasy.

Another issue with continuous performance management is that it doesn’t apply to all workers in the same way: salary employees don’t receive feedback or input from clients/customers at regular intervals throughout the year (with whom they do their jobs), but instead only through formal reviews. For these types of workers, CPM still holds value — namely because it provides more comprehensive communication with managers on an ongoing basis, rather than just once annually.

In order for companies to reap the full benefits of continuous performance management, they must have proper training programmes in place. This means providing the right tools and communication channels to ensure that workers are receiving accurate feedback—which can be challenging when teams are across multiple offices or cities.

Also Read: The Importance Of Peer Feedback At Workplace

It’s also critical to establish regular communication schedules between managers and employees so both parties know what to expect; not only does this make it easier for employees to track their own progress against goals, but managers will also better understand how plans change/shift over time depending on external factors (e.g., new hires, promotions, reorganizations).

The Future for Continuous Performance Management in the Workplace

Continuous performance management is the natural next step as businesses move toward a more paperless, data-driven corporate culture. Having instant access to figures and information means companies can make smarter decisions about growth strategies and future moves .

However, continuous performance management isn’t going away anytime soon. As customization becomes a bigger priority in business–customization of products/services, customer service interactions, etc.–workers will need increased feedback from managers so they know the best way to achieve these goals over time.

In order for CPM to work most effectively, employees should be involved in monitoring their own progress against certain KPIs — especially those that directly impact their role — while managers provide more high-level feedback on progress toward long-term projects.

Also Read: What Is A Performance Management System?

The growing trend in workplace technology means companies are entering a new era of continuous performance management, where data is collected automatically rather than through manual reporting by workers themselves. With the right tools and processes in place, CPM can enable teams across an organization to work better together while still maintaining individual autonomy over tasks that must be completed at one’s own pace or outside the view of others.

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10 Reasons to Use Goal Setting Software

Setting goals is a crucial task any organization should take with great importance. It gives the management and employees a sense of purpose and direction. Imagine running a race without knowing where the finish line is. How meaningless it would seem to most people – putting in the effort of working every day without an end goal. And because we would like to avoid such a situation, we have to set goals. Goal setting has its many pecks, and that’s where goal setting software comes into play. Goal-setting software helps you plan, manage, and track your goal, ensuring you are working with a sense of direction.

The goal setting software can assist any business with a goal-setting strategy, and in this article, we will discuss ten reasons you should use a goal-setting application.

Provides Clarity and Transparency

Goal setting provides clarity to management and employees of an organization. And using goal-setting software helps you to achieve this. A study by Inc. showed that 70% of companies ranked “communicating business goals” as an effective way to have high-performing staff members. 

Another study by Gallup shows that employees whose managers engage them in the goal-setting process perform 3.6 times better than their counterparts in the dark. Meaning employees show better engagement when they understand why they should achieve their goals.

Transparency means that everyone within the organization knows the goals, why the company sets those goals and their part in achieving them. Transparency allows for inclusion, which helps with the business direction. Clarity and transparency are at your fingertips if you use the target-setting software. Employees can access the breakdown of the company objectives into goals and where they come in.

Helps Employees See the Bigger Picture

The first reason ties into this point. Staff members who see themselves as part of the bigger picture are likely to work harder towards achieving their goals. They do this because they see how their contribution affects the overall organizational goals.

According to an article in Harvard Business Review, employees should see how their goals fit into the larger organizational goals to get the best from them. Their Interaction with the goal-setting software can aid this process.

The best goal setting software in the market has the features to help achieve this. 

Also Read: 5 Most Common OKR Myths Busted

Helps to Automate and Track Progress

In recent years, automation has become something of a buzzword. It’s a term often thrown about, and the surrounding hype is something to be envied. The truth is, there is a good reason for this hype.

Various studies like this have shown us proof of the buzz – a primary reason being an increase in productivity and reduced costs.

Automating activities like tracking, managing, and scoring makes it easier to attend to other essential activities. Artificial intelligence will carry out the repetitive process for you. Doing this makes it easier to carry out goal-setting strategies.

The goals can be customized for each employee and easily tracked from the platform by the manager in charge. The automation allows for tracking and feedback to be seamless. 

Keeps Employees Accountable

Staying accountable is one of the hardest and overlooked activities in a company. It’s easier to give end-of-year feedback to an employee than to monitor and track the employee’s progress. According to The American Society of Training and Development, you are 65% more likely to achieve your goal if you have someone tracking your progress.

A goal-setting software presents you with the platform to achieve this goal. 

Being accountable can bring out the best in an employee, and the best goal setting software in the market can help you achieve such.

It Becomes Easier to Manage a Team

Managing a team of people can be a tough task, and it isn’t unusual for team leaders to lose sight of the progress reports of team members because of other pressing matters. One of the many factors that ensures a company achieves its organizational goals is teamwork. When you and your team have a common goal in mind, it helps unify team members to meet the set targets.

A unit or department sets a target and then breaks them down into individual targets for each person. Each member then tracks their goals as individuals and as a collective. Since each member has access to the team’s overall goal with goal-setting software, they can keep each other in check.

A reliable goal-setting software ensures individuals can view the departmental goals. They also help individuals see how they contribute to the overall departmental goal. When departmental goals are readily accessible by team members, it helps them stay focused.

Also Read: 6 Traits of High-Performing Teams

Provide a Platform for Feedback

Getting feedback from your manager is an important task. Unfortunately, this task only occurs once in a blue moon and often performance reviews take place at the end of the year. A study by Officevibe revealed 4 out of 10 workers feel disengaged when they get no feedback. They are also two times likely to feel detached from the organization.

It gets more interesting as the study also shows only 58% of managers believe they give adequate feedback to their employees. This information provides us with some fascinating but understandable statistics. Another interesting finding in this study was 65% of participants said they wanted more feedback. 

Among employees that receive feedback weekly, 43% of them engage well with the business objectives. On the other hand, only 18% of people stay engaged without weekly feedback. 

Feedback also presents a way to improve and see things from other people’s perspectives. Peer-to-peer feedback can also help to de-escalate tensions between members of an organization. To gain an efficient feedback framework – it’s best to use an application that can provide a brilliant platform. The best goal setting software on the market has a feedback column where team members and other added members can give constructive feedback.

Goal Setting Recognition Tools Can Help Improve Employee Morale

In any modern office, recognizing the efforts of employees of any organization is necessary. A study by Gallup shows that the number one reason employees leave their jobs is because the company does not recognize their efforts. 

 Another study by SHRM also shows employee recognition helps to reduce frustration in the workplace by 28.6%. Both studies highlight how effective recognizing employees’ achievements are – especially in recent times where workers need more than good pay to stay in a job. The pandemic has seen employees reflect on their career goals and have seen many people opt to resign. 

 Recognizing and rewarding the efforts of employees is more significant than ever. And using the goal-setting software is a brilliant way to monitor and reward meeting goals and objectives – boosting the employees’ morale.

 Recognition can be as simple as using the software to publish the goals met to fellow peers. A goal-setting software can aid you by helping build a culture of rewarding and recognizing the best talents in your company. 

Improves Communication within the Organisation

A survey of 400 companies by Inc. found companies lose up to 37 billion per year because of poor communication. We cannot overemphasize the importance of good communication, as it is crucial to achieving the goals of an organization.

Efficient communication helps the management convey the organization’s vision to the staff members. It allows for feedback from employees and helps improve productivity. The advantages of having efficient communication are many, but some key ones include:

  • Improves the workplace atmosphere.
  • Reduces the amount of misinformation and confusion.
  • Helps to increase the commitment of the employees.

Acknowledging how vital good communication is, is not enough to align employees with the organizational goals. That is why gaining and using goal-setting software is an admirable first step you can take. The importance of the goal-setting application is in the number of communicating features it possesses. The best products in the markets have features to promote communication between employees and management. 

Also Read: Be A Better Manager And Avoid These 5 Mistakes

It Promotes Collaboration

The importance of goal setting means collaboration between departments is a powerful aspect for achieving organizational goals. No department is an island because it takes the effort of all to achieve the different targets the business has set out to do. For the departments to work well together, there are tools the company will need to function effectively, and one of them is a goal-setting tool.

One thing this tool brings to the forefront is its visibility. All employees can track the set goals and their progression, allowing for ease in cross-team collaboration. Working cross-team to solve a common company problem is a task that is doable with such software.

Another use for goal setting is it aids when working remotely or at home. It’s easy to keep up with your department worksheet and other departments if both departments are on a project. The best goal-setting apps in the market have features that help monitor the progress of other team members.

Flexible Goal Formatting for Different Departments

Different departments need different metrics in order to give a fair assessment. Good target-setting software is flexible enough to accommodate different goal formats. Some examples of goals and their tracking formats include:

  • “Hit $15m in the first quarter.” – We can track the goal in dollars.
  • “Increase sales of product X by 5%.”- the goal’s format is in percentage.
  • “Visit the company’s 10 new sites for inspection.” – This goal is measured in numbers.
  • “Send out a performance survey on Friday.” – This is a simple binary type goal. It requires a “done” or “not done” kind of goal format.

The best application out there has the flexibility to format and track different goals as the need presents itself. 

In conclusion, goal-setting software will be a big plus for your business. It can help you take your business to a whole new level where direction, accountability, and clarity become the norm.

Goal settings and OKRs

7 Steps To Setting Workplace Goals And Making Them Happen!

Often businesses have the time, resources, and money to be successful. Nevertheless, they fail miserably. Have you ever wondered the reason why? It is because they fail to understand the importance of workplace goals and effective goal setting in the workplace. Having clear goals provides motivation, clarity, purpose to employees, besides improving focus and engagement.

Setting effective workplace goals is the first step towards achieving success. The next step is to develop a plan to fulfill these goals. But the question is how to set effective workplace goals that motivate you to achieve them.

Continue reading “7 Steps To Setting Workplace Goals And Making Them Happen!”

Best Practices for Building a Performance Management Metrics Strategy

A familiar situation: the team can no longer cope with the volume of work, and the manager hires another employee. This is a perfectly logical decision, but far from always effective. 

Social psychologists have come to the conclusion that in a team, a person tends to put less effort than in individual work. 

In this article, we are going to tell you how to make teams work without losing efficiency, why to monitor employee performance, and how to improve performance management metrics.

What Is Performance Management? 

The most important goal in experimenting with performance management (PM) is to develop ways to align it more closely with company performance. As organizations become more team-oriented, a PM is also beginning to shift from focusing only on an employee’s individual performance to evaluating their contributions to the team, and the team’s impact on overall business goals.

Also Read: Why These 8 Top Companies Redefined Their Performance Management Systems

Cisco, GE, Google and Cloudways were the first to implement this model. These companies have built software to understand team dynamics, assess group goal systems, and evaluate how effectively employees contribute to their teams. The goal of performance management is now transformed from improving an individual employee’s performance to improving team results.

What Is the Ringelmann Effect?

Maximilian Ringelmann, a French agronomist, conducted an experiment in which he asked participants to pull a rope as hard as they could, first alone, then in pairs, threes, and finally in a group of eight. 

Being alone, the participant applied a force equivalent to 63 kilograms. It is logical to assume that two people together would apply a force of 126 kg, three people would apply a force of 189 kg, and so on.

But the results showed that as the number of participants increased, everyone’s individual effort decreased. The more people are there in the group, the less efficient each of them becomes. This phenomenon has been called “social laziness”.

5 Ways to Cope with the Ringelmann Effect

Increase Tasks as the Group Grows

When a manager tells employees that a new employee will join the team, he or she sends an unconscious message: “Now you can work less”.

This triggers the Ringelman effect. Instead of that, you should say: “We did 100% of the work when there were X people. Now, there are X+1 of us, let’s do 120%.”

Keep Everyone Motivated

When people embark on new tasks, it’s important for them to understand that their work makes sense. 

Constantly remind employees what the point of their job is, and why they are doing a particular task. It will help you keep them engaged.

It’s important that each employee understands exactly how much he or she contributes to the organization’s goals. 

Remember Exactly What Everyone’s Tasks Are

In order to evaluate an employee’s productivity and how it changes as the team grows, a manager or HR needs to understand everyone’s range of responsibilities. Well, let’s say that you run such a business type as an LLC.  Then, it will be easier to control that since all the nuances of the company are outlined in one document, which is known as an Operating Agreement. In this case, he or she will more quickly notice that the work is performed worse/slower. Accordingly, this person will be able to take action more quickly. 

Increase the Sense of Responsibility in the Group

The aim of the leader is to set tasks and achieve their fulfillment. 

Leaders should show that they need the professionalism and assistance of the employees in order to achieve goals. In this case, employees feel significant, indispensable, and make more efforts. 

Offer Employees the Role of Mentors

If you are hiring someone, offer current employees to act as mentors and help integrate and onboard the newcomer. This will increase productivity. Invest in mentoring software such as Mentoring Complete to find the right mentor-mentee match. Their 3 step matching process and proprietary algorithm ensures that employees are paired with the correct mentor.

A Few More Tips for Successful Performance Management 

Set SMART Goals

One of the most important aspects that directly impact performance is SMART goal setting. SMART stands for Specific, Measurable, Actionable, Relevant, and Time bound goals. If the tasks you set meet these criteria, your employees won’t encounter confusion and will know exactly what they need to do and why. It will help them stay focussed and stay engaged at work.

Poorly set goals and tasks are bound to cause miscommunication between managers and employees, poor performance, and uncertainty. 

Also Read: How To Use SMART Goals For Employee Engagement?

Focus on Team Accomplishments 

If the goals and tasks should be transparent and clear to all team members, as we mentioned above, so should the results and achievements. When people work together on the same project, neither the goals nor the results should be made confidential.

Connect With Your Employees Frequently

Employees should always be informed of all company innovations, new projects, and any other relevant information. That’s why we advise you to always keep in touch with your employees. Especially in the case when they contact you in order to get answers to their questions. Start using email marketing to always be in communication with your employees and strengthen the connection between departments. This is especially relevant for remote employees. 

Conduct Surveys

Periodic surveys help managers assess team effectiveness. Regular engagement surveys or “pulse” employee surveys provide insight into when and why some teams are ineffective, dissatisfied, or frustrated.

Also Read: How To Create A Good Employee Engagement Survey

Do Annual Reviews on Employee Productivity 

Depending on the size of a company, you may want to do this more frequently (semi-annually or quarterly). This can give you a full picture of each individual employee’s performance, helps qualitatively assess the situation and receive clear data. With this data, it will be much easier for you to define a strategy to improve the performance of teams or individual employees.

What’s more, to make your job easier, you can use one of the platforms to collect information on employee productivity. These platforms count the number of tasks completed, and the time spent on them. Some of these platforms even automatically average values and allow you to see ready figures for a certain period. 

Trust Your Employees 

This point arises from the previous one. Why should leaders collect information about employee performance? A few years ago, it was done solely to evaluate the productivity of a person, nothing more. At most, it was the reason to get a reward. But not today.

Now, most successful managers, leaders, and business owners focus on coaching and developing the skills of their employees. This means that when they notice a problem in performance, they first want to help their employees solve it. 

Conclusion 

Match performance management to strategic and organizational needs: the basic principles of metrics, flexible goal setting, and frequent feedback are becoming commonplace around the world. But some companies still want formal reviews, numerical ratings, and development plans. Organizational culture takes years to change, so companies have to adopt these methods at a speed that works for business. 


Want to know how Engagedly can help you with performance management? Request a demo today. 

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Guest blog contribution by Dmitry Tsybuliak

Dmitry is the co-founder of AG Inc., a digital agency that specializes in website design and digital marketing. With over 10 years of experience in the technology, SEO and digital marketing industry, he is passionate about helping online businesses take their branding to the next level.

Tips To Setting Effective Employee Goals And Objectives

Employee goals and objectives are not just mere numbers for an employee. They are something to work towards, a milestone representing growth and accomplishments that motivate us. Of course, when we achieve these goals, it also benefits the organization.

Essentially, workplace goals provide employees with a purpose and job satisfaction, and for an organization, they also grant results and success. Therefore, workplace goals are integral to an organization. For a manager, here are a few useful tips for you to follow, to set goals for your employees.

Personal Improvement Should Also Be A Focus

One of the main motives behind creating goals for your employees as a manager should be personal improvement. Employee goals which help them improve and gain new skills become a good goal by default. Personal improvement is a part and parcel of an employee’s development. Employees cannot remain static.

Also Read: 7 Video Conferencing Etiquettes To Follow

Goals Should Be Attained Through Teamwork

One key to setting good employee goals is that they should be slightly unreachable. However, managers should not go to the extreme and set completely unreachable goals. If your goals are causing your employees to pull countless all-nighters or are stressing them out, they are completely missing the point. You don’t want your goals to burn out employees. You should aim for motivation.

Employee goals should ensure that employees do not work as individual contributors, but work with others to ensure the completion of goals. Goals that employees can easily meet are not challenging them enough or even engaging them. Contrarily, a goal that forces an employee to step out of their comfort zone is a goal that is challenging. And even better if the goal in question forces employees to engage with other employees.

Measure the Impact Of Goals

If we only counted goals in terms of numerical progress, then by that logic, it would be very easy to declare a goal as a failure or success. For setting employee goals, one thing you should keep in mind is measurability. It’s good if you can measure a goal in terms of numbers and even better if you can measure the impact of the goal. The impact of a goal is always a better indicator of success than the numerical status.

For example, an employee is given a goal where he needs to convince 50 other employees in the office to use a new software. In terms of numbers, if 50 employees have downloaded that software and used it even once, then the goal is successful. However, if those 50 employees stopped using the software after a period, then has the employee really succeeded at the goal?

Align Them to Organization Goals

We cannot tie all goals to team goals and the organization, that is true. However, when setting a goal for an employee, it is important to remember that as much as possible, a goal should contribute to the overall team and organization goals. If employee goals are not directly contributing to the team’s or the organization’s success, it should at least account for their personal development. If the goal is not even helping the employee improve professionally, then the goal shouldn’t exist in the first place.

Also Read: What To Look For In A 360 Feedback Software?

Keep Employee Goals Flexible

Ideally, you should be able to modify employee goals in the long run. Because, in the process of achieving a goal, the employee and manager might suddenly find that the objective of the goal needs to change. Or that they might need to add other objectives to the goal.

Make Employees Set Their Goals Themselves

Harvard Business Review, in their report, found that 14% of people who set their goals are 10 times more successful than their counterparts.

Last but not the least, this is one of the most important factors to consider when creating a goal. Does your goal match with what the employee has in mind? If it does, great, you can go ahead and set that goal. If it does not, you’ve got to find a way to meet in the middle with the employee. A goal that is set for an employee without an employee’s input is one that is doomed. If employees are not invested in a goal or even motivated by it, then they will not be able to pursue it.

Measure Their Overall Impact

This is one other thing you need to take into consideration. How does the goal you set for your employee affect you? Does it tie into any personal goals you have? And if it does, how do you measure the goal? How much is the employee contributing towards the goal? These are a few of the questions you should ask when creating goals for employees.

Goal Setting Module


Want to know how Engagedly can make your goal-setting process simpler? Request for a demo!

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How To Cope With A Negative Performance Review?

According to a survey by Zenger and Folkman, “Negative (redirecting) feedback, if delivered appropriately, is effective at improving performance.”

The outcome of a performance review will not always be up to your expectation, it can be positive or negative. Hearing that you didn’t perform well, or you were not up to the mark, can be overwhelming and scary. But it can happen and even the best of all performers can stumble. Even our best efforts aren’t fruitful at times. It will be a totally different scenario if you are not putting in efforts but still expecting to have a good performance review. In this case, evaluate your priorities and introspect to understand why things are not how you expected them to be.

In this article, we will highlight what to do after a negative performance review.

Don’t Overthink

Of course, this is easier said than done, but it is the first thing we need to keep in mind. After an instance of negative feedback, it can be very easy to spiral into negative thinking. It’s not long before this spiral can become a loop of self-recrimination.

However, this is not the correct way to approach negative feedback. Carefully re-evaluate. It helps to look back at work over the course of a certain period. Ask your manager for examples. Perhaps there are certain points you can refute. And perhaps there are certain points you can accept. Either way, do not assume it is all on your shoulders and that you are a terrible employee. Instead of overthinking, reflect deeply.

Also Read: Creating A Performance Based Structure In Your Organization

Take Time To Process It

Ask for some time to process the meeting. Be sure to set up a follow-up meeting. Your manager will not mind. Remember, they too may have been in the same place you once were. Handling a negative performance review in a sensible fashion while not being immediately reactionary is a valuable skill to have. It indicates maturity and thoughtfulness. This is not to say that you should listen to everything and refute nothing. Use rational thought to guide your words. In other words, pick the battles you want to fight. There’s no necessity to fight everything or accept everything unless of course, yours is an outlier of a situation that involves a bad manager and worse review practices.

Try Not To Get Overwhelmed

Once again, this is easier said than done. Obviously, negative reviews are a difficult pill to swallow (especially if you are dealing with one for the first time after years of having been a consistent performer).

However, all the trite phrases and proverbs you’ve heard your elders tell you over the years are finally going to make sense now, much to your chagrin. Failure will help you appreciate all your successes better. Failure teaches you how both sides of the equation are. It can install a sense of caution, temper aggression and even plant our feet firmly on the ground. Contrary to popular belief, failure is not a permanent blemish on your career. You can bounce back from 99% of the errors you have made.

The tag might follow you for a while, but subsequent good work will not only help the tag fade, but it will also help showcase your determination and hard work, and who knows, even an example of a success story to be admired for the years to come.

Also Read: Signs That Your HR Department Is Overwhelmed 

Take out the learning points

There’s a difference between maintaining a positive and upbeat attitude and willful ignorance. Do not make the mistake of being foolish and ignoring a negative performance review. At best, you really might be shrugging off minor mistakes or criticisms. At the worst, you might be ignoring blaring warning signs.
A negative performance review can be considered a reckoning. Use it to reflect upon where you currently are at. A negative review can help you ascertain quite a few outcomes.

  • Maybe you aren’t a good fit for the job. That’s alright. You can consider a change.
  • Maybe this new role isn’t your cup of tea. No harm in going back to your old role.
  • Maybe you and your manager have very different working styles. There’s no way to reconcile this except by making your peace or choosing to move on.
  • Maybe you overloaded your plate. You can always re-negotiate your responsibilities.

It is important to remember that all these instances are plausible and they are probably not the first time your manager has run up against them. There is no weakness in admitting that things aren’t working out for you the way you expected them to. Sharing this view with your manager could help both of you have an insightful conversation about what your next move is.

It is not about personal failure

Many hard things are easier said than done. A negative performance review is not a direct reflection of who you are. But it is a mirror of some of your abilities. The moment it becomes a personal failure, that’s when it stops becoming a necessary aspect of work and becomes an obstacle that you cannot overcome.
We wouldn’t say that everyone should experience negative reviews. However, it is important to see the other side of things. The fear of failure can oftentimes be a paralyzing thing. It is worth noting how you deal with failure. There’s no bigger lesson than learning how to overcome failure. And some people who are well acquainted with this lesson will have no problem moving on from failure. For others, it might take some work, but it can be done.

Absorb and Assimilate

Before you say anything or react to the review, listen to your manager and make a concentrated effort to understand what they are saying. If your manager hasn’t given, you cause to doubt them and their opinions before, then there’s probably a grain of truth to what they are saying. 

Ask for support when required

This is the best thing you can do after receiving a negative performance review. Asking for help to get better shows your manager you care. It might be difficult to ask for help, but asking for help is not a weakness, but rather you admitting that things aren’t so hot right now and you need some guidance to get through this.

Discuss an improvement plan with your manager. They probably have a few ideas as to how to help. Everyone knows that it is not possible for any employee to be superhumanly good. And neither should anybody aim to be one either. That way lies the specter of burnout.

Also Read: Employee Burnout: What you need to know about it

Instead, ask for help, put the review at the back of your mind, and keep going on. The past is not something you can change. But the future is something you certainly can control.


Want to know how Engagedly can help you with performance reviews?

Request a live demo from our experts!

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Performance Appraisal Software: Why Do You Need It?

Time has changed, and this question is no longer debatable anymore. Today’s corporate world, 80% of which is functioning virtually, has long since embraced performance appraisal software and has understood the significance of having one in place. In fact, since the pandemic hit, you’ll know that there’s a steady change taking place regarding employee performance management and employee engagement. The performance review process is, not so quietly, being replaced by employee performance appraisal software.

This is not a death knell of the performance review process. The process will continue to exist. But it signals that nobody has patience for the old ways of carrying out a performance review process anymore. To be honest, the process has long been due for a change.

Beginning of Performance Management:

The concept of the performance management began the in the early 1900s. Several sources have mentioned several names, so it is hard to pinpoint who exactly came up with the idea. But one thing all the sources agreed upon was the fact that performance management seems to have come into being sometimes during the early 1900s. But it wasn’t until the 1950s that the concept of performance management really picked up. Employers began to understand that in order for employees to perform well or to be motivated to perform well, they needed encouragement and motivation.

Since then, performance review cycled through many iterations, including Jack Welch’s rank and yank system at General Electric and Google’s prolific use of goals and objectives to motivate employees.

Also read: Why do you need a Real Time Performance Management Software

In present times, however, there are a lot of conflicting ideas about what makes up performance management. Many companies which were once pioneers in the performance review process, such as General Electric, Enron, IBM, Motorola, and others, have either done away with the processes that brought them recognition or have themselves dissolved. The current trend is, of course, to get the review process off papers and take it online. In the past few years, so a good deal of software applications have appeared in the market. Is it any better than the traditional performance process? Definitely!

Here are three ways in which employee performance appraisal software can improve the performance review process and drive employee engagement:

Easily To Use and Navigate:

The problem with traditional performance reviews is that so many of them heavily rely on paper. It becomes a cumbersome task to take all of that paper and merge it into a review. With software, on the other hand, all you need to do is input your review. Most performance review software applications will even collate all your performance reviews into one handy document.

Provide Continuous Feedback:

Performance review applications make it easier for employees and managers to give continuous feedback. Feedback works best when it is given and received at regular intervals and is real time.

Continuous feedback isn’t something that is just reserved for a certain breed of employees. Constructive feedback is for everyone. It can help struggling employees improve, it can help good employees become better, and it might even help struggling employees figure out if they are suited for different job roles.

Also read: 6 Reasons To Invest In A Performance Appraisal Software

Add-On Customisable Features:

Most employee performance appraisal software applications come with a whole host of features that help aid the performance review process. Engagedly for instance, also has the OKR module which allows you to add and monitor goals and objectives for employees, 360 multirater feedback module, a continuous feedback model, all of which can be utilized during the performance review so that managers have a broad and comprehensive overview of how their employees are doing. Additionally, these features also make tracking an employee’s performance a lot easier.


Do you want to know how Engagedly can help you with seamless Performance Evaluation? Then request for a live demo.

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Tools That Enhance Workplace Productivity

We are all responsible for creating and maintaining a positive work environment and interpersonal relationship between employees. The main responsibility of it, though, falls on the Human Resource department. The HR of any organization has many key responsibilities – starting from the recruitment process, education and training, to off-boarding/termination of employees. 

Recent studies have shown that almost 85% of the global labor force is actively disengaging from their work. Productivity and earnings have been affected to a great extent because of it.

Also Read: The Ultimate Guide To Effective Employee Surveys

There is a way to avoid such a situation. Wondering how? By implementing creative ways to engage your workforce in order to boost productivity. The tools stated below have the potential to increase engagement among employees and help your organization achieve set goals. Let’s go through them together. 

Communication Apps

An organization’s success depends on effective internal communication. A business that lacks communication suffers decreased motivation and loses sight of its purpose. As a consequence, productivity plummets to an all-time low. If you are wondering how you can enhance communication among your employees and enhance productivity and engagement levels, say thank you to productivity tools. This whole process becomes more streamlined and simplified by bringing in exactly what your workforce needs.

For example, apps like Slack and Confluence are great for improving communication. 

With Slack, you can easily organize your groups, subgroups, departments, or the entire company through various channels. Achieve two-way communication with ease while keeping necessary information organized, stored, and at an easily accessible location. 

Confluence is an app intended for bigger organizations in order to receive important information at lightning speed. It’s a versatile application that helps you organize a company’s policy, video tutorials, and transfer crucial messages.

Video Calling Applications

Video calling apps have become widely popular, especially post pandemic. Companies of every industry have used them for meetings, at one point or the other. Given their increased necessity in today’s world, no one wants bad connections, broken links, and unnecessary interruptions. 

To make sure everything goes in order, you can employ certain tools. This will ensure engaging meeting spaces that can be an effective way to boost team productivity.

Zoom and Google Hangouts are leading apps for video conferencing. They are free for use and their main purpose is to make video calls, send messages, and join a conversation within a group or just with one person. 

Mentimeter has also proven to be very effective when it comes to video calling. It is a software that employees can use to join video calls via their smartphones. They are able to send messages, vote, answer questions, or generally contribute to a presentation. 

If you are looking to host larger-scale meetings which involve presentations, there are a large number of webinar software options to choose from.

Also Read: 7 Video Conferencing Etiquettes To Follow 

Project Management

The aim of any project is to be a successful one, so it needs to be managed in the right way. Successful project management eliminates ambiguity among employees, respects deadlines, and each project is completed effectively and accurately.

Tools like Trello, Asana, and Hive can help you accomplish those projects with ease. For instance, during your workday, you may be thinking to yourself, ‘How am I going to rewrite my essay quickly and efficiently?’ You will have all the necessary tools for completing the project from start to finish with these apps. Trello has proven to be a great option for the ones who are just starting the project journeys, while Hive will give you the needed analytics reports for tracking the team’s productivity better. 

Management of Remote Teams

When we are talking about project management, it is easy to do it with the help of productivity tools. But, the projects are not the only things to be managed. After the pandemic hit, we now know better than that. Many companies have turned to remote work and the work of HR has completely changed. Remote teams had to be managed without adequate support systems and infrastructure. This means that the HR team needs to take care of the employees’ well-being; balance flexibility; reward teams and individuals for their accomplishments; maintain relationships with each employee, and aim to make a genuinely happier work from home environment. 

Also Read: Tips To Manage Stress Of Your Remote Team

Teamwork and collaboration

Efficiency increases when teams are provided with productivity tools that facilitate cross-functional collaboration.

This is very important, especially for companies that have departments that work in silos, have remote workers, and employees from multiple locations. This is where collaborative tools can benefit your organization through improved collaboration capabilities.

You have probably heard of Google Drive, as it’s one of the first choices for many companies. This storage-based service will allow you to upload all important documents for free on your secure cloud storage. 

Documents, slides, and Google sheets are available, which means you can upload files, pictures, videos, and audio. The documents can be shared and edited by the people who have access to them. This is especially useful for organizations that have a large or growing amount of files that need to be shared with other people, regardless of their location.

Similar to this service, that gives us the same options as Google Drive, is Microsoft’s OneDrive. The only difference is that this software allows you to view and edit files offline, which can be very beneficial at times.

Tools for time management

There are a lot of popular apps like customer data platforms, for tracking the behaviour of your customers. When it comes to employees, that platform is your HR worker. In addition, the time tracking will provide you with valuable insight into your employees’ work. You can know track each task and find out which areas are lacking productivity. 

Toggl is a great and simple-to-use time tracking tool. With just a click, you can track the time you spent on each task. You are available to see reports about each project and task you did over the past week. If you forget to start your time, a little bot will send you an alert each time.

RescueTime is another useful tracking tool. You can monitor the apps and websites employees are using during their work time. Besides that, you can even check at which hour the employees are the most or least productive, as well as their days and the weeks.

Virtual Recruiting

Pandemic has triggered a lot of changes in company policies. When it comes to hiring, the whole process of recruiting has become virtual. From planning, selecting, managing, to hiring, everything has become virtual.

Also Read: Remote Onboarding : Essentials To Know

The experience that a prospective employee had in their job interview has a great influence on their satisfaction level as well as on the whole company’s reputation. The ones who have had a positive experience will most likely accept the position, thereby becoming your company’s referral.

Summary

Running a business during a pandemic has surely brought about some changes in brand strategies, company policies, and staff support procedures. Since most things are now done in the digital environment, including our communication, there are necessary tools to keep workers engaged, while aiming for the highest performance.

Productivity tools mentioned above can facilitate one’s work and solve key problems. Although, you should avoid complicated and unnecessary tools that can just disrupt workflows and lower productivity levels.

Tools like the ones mentioned above are user-friendly and straightforward. However, you can always experiment, and try to find the ones that suit you and your employees the best. 

Introduce them to your workers, allow them time to integrate, and be open to feedback. Only by doing so, can you nurture collaboration and achieve the desired productivity.


Want to know how Engagedly can help your employees perform better? Request a demo today. 

Request A Demo


Guest blog contribution by Nina Petrov

Nina Petrov Engagedly Guest Blogger

Nina Petrov is a content marketing specialist, passionate about graphic design, content marketing, and the new generation of green and social businesses. She starts the day scrolling her digest on new digital trends while sipping a cup of coffee with milk and sugar. Her white little bunny tends to reply to your emails when she is on vacation.

Why Your Business Needs A Performance Management Software

The corporate world has completely changed in comparison to what it was two years ago. Organizations adapted themselves to new methods of working and employees became completely remote due to the pandemic. In the current scenario, while many organizations are shifting to a hybrid model of work, remote work is here to stay.

This makes it essential for organizations to shift to performance management software from the traditional paper- based processes. While traditional performance management processes were not easy to follow, with the arrival of the pandemic it has become completely impossible.

Performance management has evolved at a quick pace over the last few decades. Earlier, annual performance reviews were the indisputable norm. It was a dreadful affair for both the managers and the employees. But now it is not just a yearly process, it has become flexible, continuous and more comprehensive. This helps employees to stay engaged and on the right track.

Also Read: 7 Proven Ways To Be A Better Leader In The Workplace

Traditional performance processes work fine when organizations are small or have a very simple review process. But once organizations get bigger and job roles get more complex, there’s a need for software to enhance the process, or rather, to ease the process.

Benefits of performance management software for your organization?

Helps Understand Goals Better

A recent study by Gallup indicates that about 50% of employees do not know what is expected of them at their workplace.

Imagine a situation wherein a remote employee is expected to put in his or her 100% effort but is not sure where this is headed or what’s the end result of this. Do you think she or he will be able to put in that much effort? Performance management software enables the company to have clear-cut goals and makes them visible to every employee. Every employee gets to see how their effort can help the company achieve higher-level goals.

When they see how they can make an impact at the individual level, it makes them want to strive harder. Managers can easily keep a track of their team performances remotely and can provide feedback accordingly.

Also Read: How To Set Effective Employee Goals?

Simplifies The Performance Management Process

One of performance management software’s biggest advantages is that it can be extremely easy to use, depending on the choice of software. All the things required for a review cycle are in one place, most of the processes are automated, and once the review information has been added, such as start dates, review templates, etc., there’s not much else an HR manager has to do, except oversee the entire process.

Even better, HR managers don’t have to frequently remind employees to complete their reviews. Most software has built-in reminders that will prod employees to complete the review process. The software takes the burden off HR’s shoulders and instead allows them to focus on the outcome of performance reviews, rather than the whole process of it.

Performance Management Software Stores Historical Data

With a performance management software in place, you can access data anytime and it helps to make quick and efficient decisions. They provide old and new data in one place, for you to compare and understand patterns and identify any gaps or bottlenecks. It becomes easy to track the performance level.

Also Read: Employee Feedback:The Do’s And Don’ts

Integrates All Aspects Of Employee Development

Performance management software does not focus solely on the review process alone. Rather, they offer other features as well, such as the ability to share feedback, goals and objectives, an LMS, etc. All these features are often integrated so that when the review process is going on, users can view an employee’s complete profile, such as the feedback they have received, the goals they could complete, to what extent they could complete their goals, or even what new skills they have learned.

Performance management software paints a broad picture of an employee’s performance. It helps everyone make informed decisions during the review process.

Gives Better Insights And Analytics

Performance management software can provide a very illuminating look at an employee’s performance. This is not just related to ratings and feedback they have received over the past years. Rather, many performance management software also offer performance analytics that track employee performance in graphical chart format, calculate leadership potential, etc. This way, you can also track how well an employee is performing remotely compared to when she or he was present in office.

These employee insights can help others make informed review decisions when reviewing performance. And they can also help managers make compensation decisions or even promotion decisions.

Also Read: The Ultimate Guide To Effective Employee Surveys

Better Visibility and Control Of The Process

Conducting the review process through performance management software offers HR managers much greater control over the entire process. They can control when the cycle starts and when it ends, how many employees should participate in the cycle, etc. HR managers can also restrict review visibility, call back reviews etc, thereby also maintaining a fair and just review process.

As a manager, you have a ton of other responsibilities, other than just tracking your employees’ performance. So if you wish to be more efficient and handle things with ease, a performance management software is your best option.


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Reinventing Performance Reviews For Better Employee Experience

Performance management processes and approaches differ from organization to organization. These processes are intended to be fair and unbiased evaluation of employee performance. 

Effective performance management tends to motivate employees and improve organizational productivity, but why do employees dread them? For a few reasons like inaccuracy, being biased and contributing to the decrease of employee morale, employees tend not to like them.

According to the TriNet Perform Survey that was conducted by Wakefield Research, 22% of millennial employees have called in sick because they were anxious about receiving their review.

Many companies today are reinventing their performance management processes in a way that they contribute to an increase in employee productivity and improve employee morale. Do you want to reinvent performance management too? Here are a few tips for you.

Build A Transparent Work Culture

It is important for employees to understand the workflow in their organizations. In most organizations, only the information enough to get the job done is shared with employees. This approach not only damages the work culture but also decreases employee engagement and morale. The first step to change this is to encourage open communication throughout the organization. The next is to allow employees to make their own decisions, this improves employee accountability throughout the organization.

Also Read: Create A Positive Work Culture For Your Employees

Plan For The Future 

One of the most damaging mistakes that managers tend to make during performance reviews is basing the whole review on the employee’s past performance. Change this approach and focus more on the future. Take into account the organizational goals and understand the role of the employees in contributing to these goals. Analyze their pace and style of work based on past work but do not make the review entirely about it. Instead, talk to them about the plans you have for their future at your organization.

Support Your Employees

It is important for managers to understand the technological and budget requirements of their employees and provide them with necessary resources that contribute to their productivity. Though taking initiative as an employee is an important aspect of performance, you cannot expect employees to do everything by themselves. So, discuss this aspect with your employees and set a budget for their role and provide them with necessary resources.

Make Check-ins A Priority

The approach for performance reviews can be different for different organizations, but one of the most common issues that employees face with reviews in all organizations is that they do not get enough feedback. Frequent employee feedback helps employees gain a clear understanding of what is expected of them and gives them a proper direction. Managers also can utilize frequent employee check-ins and keep track of their employee progress from time to time.

Also Read: How To Conduct Quick Check-Ins Efficiently 

Appreciate Your Employees

This is one of the most underrated aspects of employee appreciation. When employees are good at their job, they need to know it from their managers. This motivates them to get better and contribute to organizational success. Recognizing and rewarding employee performance goes a long way. This not only motivates the employee being recognized but also the other employees to do their best to be recognized by their managers.

Set Goals For The Quarter

Like said before, it is important to check frequently and validate employee performance. In the same way, it is also important to change goals every quarter so that employees do not get stuck in a rut working for the same goals for one whole year. Quarterly performance goals give both the employees and managers a scope to experiment and implement new approaches to work.

Encourage Employees To Participate In The Review

This is one of the mistakes that managers do not even realize making. Some managers tend to make the whole review about what they feel about the employee’s performance and never make it easier for employees to participate in the discussion and give inputs. Always ask employees after review if they feel that the review was fair enough. This gives you a scope for starting a two-way discussion with employees.

Also Read: The Impact Of Employee Engagement On Productivity

Listen To Your Employees

Always remember to be open to feedback from employees. Performance review meeting isn’t just for managers to evaluate employee performance but also for employees to discuss what they expect from their managers. Being open to feedback from direct reports is one of the best approaches to improve yourself as a manager.


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6 Tips To Avoid Micromanaging Individual Contributors

There are a lot of dangers associated with micromanaging. Among other things, it causes demotivation and creates a stressful work environment (for both managers and employees).

Micromanaging often leads to higher employee turnover, which results in learned knowledge getting lost to competitors. Moreover, micromanagers may experience burnout with health issues resulting from stress. 

Either way, micromanaging is problematic.

Also Read: The Top 8 Leadership Skills You Need In 2021

That’s why it’s important to learn how to manage without micromanaging. This article will provide you with 6 best practices to help you delegate and demonstrate trust and encouragement among your employees so you can improve morale and build creative, cohesive teams who aren’t afraid to take the initiative.

What are Individual Contributors? 

The term “individual contributor” is a new phrase that is used to describe the role of senior professionals who work without people management responsibilities.

Individual contributors are employees who aren’t on the management track in an organization. Unlike management-track employees, they manage their one-person team on tasks and projects. 

They have developed useful skills in the workplace and are competent at:

  • Listening effectively;
  • Developing rapport with others; and
  • Making relationships work. 

In fact, individual contributors can be a valuable asset that define the success of an organization.

Also Read: Stay Interviews: A Tool To Retain Your Best Employees

One of the major complaints ICs have about their jobs has to do with how much autonomy they think they have in their current role. 

The perceived level of independence comes down to how closely their immediate manager or supervisor dictates the production details and nuances of the work employees must complete.

Having said that, managers, HR, and company leaders are sometimes uncomfortable when it comes to giving people so much responsibility without keeping a tight rein on them. 

They feel the need to look over the shoulders of individual contributors, and these overzealous tendencies can lead to a lot of problems down the line. 

Dangers of Micromanaging Individual Contributors

A recent study conducted by AccounTemps shows that over 59% of participants admitted that they have at one time or another worked under a micromanager. 

68% of those respondents believed that this management approach had a negative impact on overall team morale, and a high number of the participants reported that it seriously inhibited their work productivity, including that of the company at large.

Micromanagement can result in the loss of an organization’s important talent. It erodes trust, and over time, it can turn a workplace environment toxic. 

By consistently looking over the shoulders of your employees, particularly ICs, you make it a lot less likely that they’ll be able to become effective or excel on their own. 

Here’s a quick summary of the negative impact of micromanaging ICs:

  • Destroys Trust: Constant micromanagement destroys trust and undermines the initiative and autonomy of employees over time
  • Creates Bottlenecks: Micromanaging creates bottlenecks in decision-making and response time when employees won’t do anything without a superior’s explicit approval.
  • Fosters Dependency: Micromanagement also leads to dependent employees who will start to depend on you instead of having the confidence to complete tasks on their own.

Now that you know why micromanagement of ICs is bad, let’s take a look at some of the best practices to help individual contributors without micromanaging.

Best Practices for Helping ICs Without Micromanaging

Listed below are 6 tips and strategies to help you stay involved and keep your employees accountable while avoiding micromanagement.

1. Allow Them to Create Their Own Goals and OKRs

There are many ways you can define measurable goals and track the outcomes of individual contributors. 

You can use objectives and key results (OKRs) as a goal-setting framework. This will allow you to manage expectations instead of tasks.

For the most part, managers spend a lot of time trying to communicate to their teams what needs to be done. However, there are times when what needs to be done is different from what is expected

For leaders to be effective, they need to do their best to ensure that individual contributors know exactly what is expected so that there is no longer a need to micromanage. 

When everyone is in sync with the expectations, it becomes about outcomes, instead of activity, and it all starts with letting them create their own goals and OKRs

2. Offer Assistance with an Open-Door Policy

It’s possible to offer assistance to individual contributors without looking over their shoulders. You can do this by having an open-door policy. It involves maintaining casual, open lines of communication to help you build rapport with everyone in your internal team. 

If you want to foster an environment of employee enjoyment and high-quality work, you shouldn’t only be communicating with your team about how they need to be doing their work in a different or better way. You should also build an atmosphere of openness and transparent communication by chatting to them about their work, and also investing in their personal well-being. 

For instance, you might take your team out to lunch or go to a local bar for happy hour, when not on the clock. This will help you build the social side of your relationship. 

Also Read: Create A Positive Work Culture For Your Employees

When your individual contributors know that they can rely on you to listen, they not only feel highly valued, but they are more likely to bring any problems that arise (professional or personal) to your attention to get your advice or assistance. 

Make sure you are there to address any challenges they might be facing. Be prompt to respond to all the questions your employee handbook doesn’t cover. 

Ultimately, this will help them to be more productive. It is something that probably wouldn’t happen if you were constantly picking apart their work (as micromanagers tend to do). 

At times, there will be common issues that need the attention of most, but not all employees. Instead of attempting to gather everyone up together for a conference, you can create unique webinars that employees can watch if they need to. 

Using webinar software to create these resources can also save time and money in the long-run because you won’t have to make all your employees stop what they’re doing to attend a conference or company-wide meeting.

3. Let Them Develop Their Own Systems and Strategies 

Once you’ve made sure that everyone understands their role in your organization, it becomes easier to allow them to develop their own strategies, tactics, and processes to achieve their objectives. 

All you have to do is make sure there are clear, well-defined goals where nothing falls through the cracks. 

Individual contributors will know their responsibilities, and developing their own systems and strategies makes them more accountable. 

The best part is that you’ll have to do less work to manage them since you’ll now be a facilitator as opposed to a taskmaster. 

Just remember to build in some flexibility into each role. 

Although striking a balance can be difficult, it’s important to take the time to work on this so your independent contributors can have room to be creative. By offering such opportunities, you make it more likely that your ICs will be innovative and still get things done.

Also Read: Why Managers Need To Focus On Employee Happiness

4. Use Gamification and (Non-Monetary) Rewards

As humans, we all love recognition. One of the best ways you can help individual contributors stay on track without crossing the line into micromanagement is by using gamification and non-monetary rewards to recognize their contributions and help them meet their goals and OKRs. 

The great part about non-monetary rewards is that they are perceived to be more authentic and decrease variable costs incurred by the business.

You can begin to build a culture of recognition as a way to support ICs by reevaluating how you reward employees. 

For instance, for those who are happy to remain ICs, you can replace promotions to management with new opportunities, such as:

  • Opportunities for gaining recognition
  • Opportunities for taking on new responsibility
  • Opportunities for sharing their expertise

… and so on.

So, instead of giving ICs managerial responsibility for other team members, you might give them ownership responsibility for key projects. 

As they succeed (and their project succeeds), it gives them visibility across the entire organization, and they have plenty of small wins along the way that are worth celebrating.

Additionally, you can encourage employees to take part in webinars or use online course platforms that can help them learn new tasks or overcome common problems. Not only does this save costs by getting employees engaged without monetary rewards, it can incentivize employees to stay up-to-date with changes in the workplace. 

5. Provide Avenues for Social Engagement and Praise

Yet another way to help individual contributors without micromanaging is to provide them with avenues for praise and social engagement. 

This means building your skills for managing your culture rather than managing people. 

The importance of social engagement in the workplace cannot be overstated. Social media is key to mobilizing and engaging employees at work. It provides great avenues for praise, particularly in larger organizations. 

You must be able to create opportunities where you and the rest of your team can engage socially while still being able to communicate with clarity.

Also Read: The Impact Of Continuous Feedback On Employee Performance

6. Use Surveys to Find out What ICs Need

Last, but not least, use surveys to understand what your individual contributors need and how to help them. 

A lot of micromanagers only do so because of the trust issues they harbor. In their eyes, no one else can do the job as effectively as they would do it. 

But, by asking questions to gain a better understanding (instead of constantly criticizing), you’ll be able to find out exactly what ICs need in order to be more productive. 

Furthermore, using employee surveys will allow you to offer constructive and actionable feedback on a consistent basis, giving you the opportunity to provide your employees with specific ideas pertaining to how they can perform their jobs better. 

In other words, using surveys will allow you to discover what you can do to provide encouragement and opportunities for improvement. It will help you get outstanding results from your ICs – all without having to micromanage any of them.

Conclusion

There is a very thin line between being an involved manager and becoming a micromanager who drives all the individual contributors mad.

Use the tips outlined above to help you give your ICs the support they need without micromanaging them.

Which of the tips outlined above appeals to you the most? Share your thoughts in the comments below!


Author:

Ron Stefanski

Ron Stefanski is an online entrepreneur and marketing professor who has a passion for helping people create and market their own online business. You can learn more from him by visiting OneHourProfessor.com

You can also connect with him on YouTube or Linkedin.


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The Impact of Continuous Feedback On Employee Performance

The Impact of Continuous Feedback: Do you wait till the annual reviews to share your feedback with your employees? You might want to reconsider. We are here to talk to you about the value of continuous feedback. But before we take a deep dive into how it can help improve employee performance, let us look at a small example first.

Charles, a recent graduate from college, joined the analytics team of ABC corporation remotely on May 2020. His manager, Robert, trained him over the first few weeks and assigned him to a project. After the completion of the project, Robert came across some errors, but did not highlight it as he wanted to take it up with Charles during the yearly performance reviews. Back to present in March 2021, when Robert highlighted the issues to Charles, he was surprised, and at the same time defiant. Was this avoidable? We would say absolutely yes. A timely feedback would have helped Charles to understand his mistakes in time and take corrective actions immediately. 

Also Read: 6 Real-life Examples Of Giving Effective Employee Feedback

To avoid any such similar incidents, here are some ways in which feedback can help your employees to improve performance.

Feedback Guides Employees

Impact of Continuous Feedback The worst thing about traditional annual performance reviews is that they wait till the last minute to let employees know that they have veered off course, have wasted their efforts, or are not doing well. Time is precious in the context of performance and, of course, money as well.

Real-time feedback can help employees course-correct as and when necessary, can help them fix mistakes that were holding them back and, sometimes, it can even help them revamp their goals or increase their targets.

Instantaneous And Simple

One of feedback’s biggest plus points is that it is instantaneous and does not require much fanfare. As opposed to an annual performance review, which conjures up a much more formal and stiff image. Besides, it’s not easy to share as much feedback during an annual review. Both the manager and employee are conscious of the time spent in the meeting, with the manager being aware that she does not have the luxury of addressing the employee’s performance completely, even if she really wants to.

Feedback, on the other hand,can be as easy as a quick five-minute chat in the cafeteria, or a congratulatory email about a job well done.

Also Read: Employee Wellbeing And Absenteeism At Work

Improves The Performance Review Process

When feedback is shared or received throughout the year, it helps managers visualize an accurate image of an employee’s performance. Managers can make a note of significant achievements or issues that are negatively affecting an employee’s performance. They can even record their own reaction to the employee’s performance. And over a period, it can paint an impressive picture of performance. 

Continuous Feedback Helps In Career Growth

Feedback helps in career growth

Source: rawpixel.com

A culture of continuous feedback helps employees to receive inputs from their managers leaders throughout the year instead of waiting till the last minute for performance reviews. It helps employees to plan their career growth well. The process of continuous feedback helps leaders to understand their employees better and helps them plan their career trajectories.

Also Read: Embracing Hybrid Work Culture In 2021

Feedback Enhances Engagement

Feedback helps employees stay motivated and engaged continuously. It helps leaders to monitor the performance of their employees continuously and improve it. Also, continuous feedback helps in developing a two-way communication channel between employees and their managers. It helps employees feel that the organization wants to understand their opinions and issues and solve them. 


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