How to integrate performance feedback into daily work
Annual performance reviews can get a bad reputation in some companies, being seen as the dreaded month where everyone is âgradedâ and not much else gets done. For many organizations, theyâre expensive, time-consuming, and provide little valuable information, while fostering employee dissatisfaction and reducing loyalty. Managers spend an average of 17 hours per employee, per year on traditional performance reviews. That in itself is a huge time cost to the company â without factoring in [...]
5 Components of a good employee onboarding program
Most recruitment plans focus on the hiring and employee assessment phases (after all, you need to know youâre getting the right person). From there though, helping them complete onboarding often falls on the teams they join. Itâs common for new hires to walk into a new company on the first day only to be handed a printed employee manual because IT hasnât finished setting up their account. Onboarding is a major component of the employee [...]
The Great Resignation: Avoiding voluntary turnover
Retention rate has always been an important focus for human resources professional teams. However, itâs become a challenging issue in recent years for most (if not all) human resource departments, in what has come to be known as "the Great Resignation." According to the U.S. Bureau of Labor Statistics, a whopping four million Americans quit their jobs in July 2021. Resignations peaked in April and remained higher than normal throughout the rest of the year, [...]
Internal communication strategies for top-performing teams and organizations
Efficient communication is a powerful skill that supports our daily lives and processes. The quality of communication impacts how well we resolve issues, establish relationships, network, and fit into society in general. At work, communication affects not only the well-being of employees, but also the quality of their work. If people are stressed, annoyed, or even scared to speak their minds, that will inevitably lead to poor performance, frequent errors, and a high level of [...]
4 Crucial personality traits for cross-functional teams
While the functions of each of your departments may be inherently distinct, their ultimate goal should be the same. If your company departments do not have consistent goals, you may find your organization struggling to stay afloat as itâs stretched thin across various resources with conflicting aims. The solution? Implement cross-functional teams within your organization. Cross-functional teams are groups consisting of people with different functional expertise (for example: marketing, sales, supply-chain and finance) working together [...]