Practical HR Tips, News & Advice. Updated Daily.
Employers spend around $160 billion per year in employee training and education. But a lot of that money might be spent in vain, as only around 25% of employers that responded to a McKinsey & Co. survey admitted that their training and education initiatives truly improved their employees’ performance.
According to seminal studies, over half of the American workforce is disengaged, costing organizations between $450 billion and $550 billion annually.
In a previous article, we discussed the concept of After-Action Reviews (AARs), a military practice that involves extensive analysis of training events after the fact.
In a previous post, we discussed the results of the State of Continuous Performance Management Survey. The survey results showed significant reductions in some of the negative impacts of only performing annual reviews when companies instead utilized what is known as continuous performance management.
Feedback is crucial to employee development, both to reinforce positive behaviors and to address and correct negative behaviors. Additionally, regular feedback is important in helping employees advance in their careers within the organization. Unfortunately, many organizations continue to limit their formal employee feedback to an annual review.
Continuing from yesterday’s post, here are the remaining eight common human resources mistakes that you’ll want to avoid.
According to research highlighted by iCIMS, workers are now only staying with an employer between 2 and 3 years on average. And up to 70% of employees leave a company for higher pay, and 53% claim that they leave because they don’t think that their employers care about them as individuals. In other words, retaining […]
According to studies, only 6% of organizations believe that their performance reviews process is worth it, 9 out of every 10 HR leaders don’t even think results from performance reviews are accurate, and 95% of managers aren’t satisfied with performance reviews.
The HR Daily Advisor recently sat down with Erick Mott, Head of Communications of Reflektive at #Shrm2018 in Chicago. We discussed the future of the performance review in light of new research done at the behest of Reflektive.
A survey showing most U.S. office workers have negative feelings toward traditional performance reviews may not be earth-shattering news. It’s hardly a surprise to learn that large numbers of employees consider such reviews stressful, tiresome time-wasters with fallout often coming in the form of tears and resignations from disappointed workers. Despite widespread disapproval, traditional reviews […]