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Performance Management

What is Performance Management? Performance management is not an annual appraisal meeting. It is not preparing for that appraisal meeting nor is it a self-evaluation. It's not a form nor is it a measuring tool although many organizations may use tools and forms to track goals and improvements, they are not the process of performance management. Performance management is the process of creating a work environment or setting in which people are enabled to perform to the best of their abilities. Performance management is a whole work system that begins when a job is defined as needed. It ends when an employee leaves your organization. Performance management defines your interaction with an employee at every step of the way in between these major life cycle occurrences. Performance management makes every interaction opportunity with an employee into a learning occasion. Components of a Performance Management System The performance management system may contain all of these co...

Employee Retention in an Organization

Focus Human resources are the life-blood of any organization. Even though most of the organizations are now a days, found to be technology driven, yet human touch and human resources are required to run the technology. The biggest challenge that organizations are facing today is not only managing these resources but also retaining them. Securing and retaining skilled employees plays an important role for any organization, because employees’ knowledge and skills are central to companies’ ability to be economically competitive. Besides, continuously satisfying the employees is another challenge that the employers are facing today. Keeping into account the importance and sensitivity of the issue of retention to any organization, this article focused to discuss various available findings on employee retention and the factors affecting employee retention and job satisfaction among the employees. Factors affecting Employee Retention There are number of research findings and articles ...

Employee Expectations in Modern Organizational Environment

Employee Expectations Employees have their own expectations, and if those expectations aren’t met, some of your best employees will eventually look elsewhere. Even if you’re soliciting feedback, social dynamics can obscure the responses. While individual employees may not always be vocal about their expectations, studies focused in on what employees really want in modern context have revealed few elementary factors. If you want to improve employee engagement and retention, you’ll need both a deeper understanding of employee expectation, and modern organizational best practices that fulfill them   What do employees expect? Recent studies have identified top five contributors to job satisfaction ·         Respectful treatment of all employees at all levels ·         Trust between employees and senior management ·         Overall benefits · ...

What is people’s management?

Your employees are the biggest asset you have. Their performance and attitude can result in the success or failure of your business. The most difficult part of any manager's job is people management. He or she is required to, a) Lead b) Motivate c) Train d) Inspire e) Encourage.   On the other hand, he or she is also responsible for hiring, firing, disciplining, training and evaluating. These functions seem to be at odds, but a successful manager can integrate both the positive and negative aspects of these tasks to create a positive, productive work force.  People management, also known as human resource management (HRM), encompasses the tasks of recruitment, management, and providing ongoing support and direction for the employees of an organization. These tasks can include the following: compensation, hiring, performance management, organization development, safety, wellness, benefits, employee motivation, communication, administration, and training.  When managing...