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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 managementManager effectiveness Diversity, equity, inclusion, & belonging (DEIB). What are employee performance metrics?
An effective talent acquisition team ensures a competitive advantage by bringing in skilled individuals, improving retention rates, and promoting diversity and inclusion, leading to enhanced innovation and financial performance. Quality of hire: Assesses the performance and retention of new hires.
Plus, continuous performance management helps employees feel valued and cared for, making them more open to receiving constructive feedback and working to improve. It has created a stronger relationship between managers and employees, where employees feel more supported, and end-of-year appraisals feel more meaningful.
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