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What Is Performance Management? The Complete Guide

AIHR

Effective performance management helps organizations ensure that employees understand their roles, receive constructive feedback, and have the support they need to achieve their goals and business objectives. Let’s look at what performance management is, what the performance management process looks like, and some examples.

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Using AI in Performance Management: The Keys for HR Success

15Five

As more and more HR tools adopt this technology, AI-powered performance management will soon become the norm. In a nutshell, performance management covers the practices and processes you use to track each employee’s performance, build realistic goals for them, and help them along their journey as they grow with your organization.

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8 Steps to Improve Employee Productivity in 2024

15Five

Set aside time with direct reports to review their goals for the next quarter or year and ensure they coordinate with overarching objectives. Use a performance management system to track and measure goals and ensure consistent alignment between leadership and employees. Conduct a performance review frequently.

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5 Employee Performance Metrics You Should Be Tracking

15Five

Employee performance metrics are a set of measurements that can tell you how well your organization is doing in five key areas: Hiring and retention Employee engagement Performance management Manager effectiveness Diversity, equity, inclusion, & belonging (DEIB). 5 employee performance metrics to track.

Metrics 101
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Contrast Bias: Everything HR Professionals Must Know

AIHR

Contrast bias is a form of cognitive bias in which you evaluate someone’s abilities, work performance, or characteristics by comparing them to others you’ve recently evaluated instead of using an objective standard or criteria. In this case, affinity bias is also a factor in the manager’s decision.

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3 Business-Critical Reasons to Invest in Strategic HR

15Five

When HR teams are empowered and resourced properly, they can impact the business in three critical ways: Improving employee engagement Building a high-performance culture Increasing revenue. These three outcomes are intrinsically linked and will influence nearly every other KPI in your business.

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Employee performance metrics: Unlock success

Walk Me

How you communicate that employee performance metrics are there to support, not penalize staff, is essential to the success of implementation. Employees will prioritize those aspects of their work by demonstrating the management’s priorities. Aid career development: use KPI reports to establish expectations.

Metrics 52