Remove KPI Remove Performance Management Remove Retention
article thumbnail

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.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

OKRs vs. KPIs: The Key Differences & Use (With Examples) 

AIHR

The benefits of setting OKRs What is a KPI? The benefits of setting KPIs OKRs vs. KPIs: The main differences Why use HR OKRs Why use HR KPIs What is an OKR? Learn more HR OKRs: All You Need to Know [With 11 Examples] What is a KPI? Contents What is an OKR? Sales increased by 8.5% and hourly sales rose from $14.44

KPI 116
article thumbnail

5 Employee Performance Metrics You Should Be Tracking

15Five

What are employee performance metrics? 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).

Metrics 101
article thumbnail

OKRs vs KPIs: How They Differ and When to Use Each

15Five

” We say: companies should use both OKRs (objectives and key results) and KPIs (key performance indicators) to track their performance. Today, we’re explaining the difference between an OKR and KPI, and when you should plan to use each. What are KPIs? KPI stands for key performance indicator.

KPI 99
article thumbnail

Growth KPIs & Company OKRs: combining the two

Growth Hacker

Combining Growth OKRs with Company KPIs Enough with the alphabet soup, it’s that time of the year when companies are projecting goals, planning strategies, and aligning teams toward a unique mission for the next year. Common issues with the Growth team’s OKRs: The growth KPIs might not have historical data to be built upon.

KPI 102
article thumbnail

3 Business-Critical Reasons to Invest in Strategic HR

15Five

In companies where HR is treated as a primarily administrative function, business goals like increasing sales, improving customer retention, and growing market share are rarely considered. These three outcomes are intrinsically linked and will influence nearly every other KPI in your business. Why is strategic HR important?