Talent Management

Talent Management

When Performance Reviews Simply Aren’t Enough

The Feedback Imperative

So, performance reviews aren’t enough?

Performance reviews are slow feedback, as they only occur once a year. Most employees do not want to wait 51 weeks to hear how they need to improve.

More than 65 percent of all employees said that the feedback they received in their annual performance review contained “surprises” not mentioned by their manager before the review. Unsurprisingly, employees become very upset when this happens, and it can be a factor in higher turnover. Read more…

Culture, Talent Management

When You Tell an Employee That “Family Comes First,” Do You Mean It?

123RF Stock Photo

At this organization, family comes first.”

This phrase is used so commonly by companies recruiting employees that its weight and meaning have almost disappeared. Don’t get me wrong. The words carry the most noble of intentions. But this is one of those claims that’s often uttered and rarely embraced.

In honor of National Work and Family Month, which is being celebrated throughout October, it’s time to take a look at whether we – as business owners – are living up to our end of the bargain. When we tell employees “family comes first,” do our actions really match our words? Read more…

Talent Management

It Takes a Little MAGIC – Leveraging the 5 Keys of Employee Engagement

Magic

To become an engaged employee, you first need to have the basic elements of job satisfaction. These include pay, benefits, tools and resources, and a safe working environment.

Once you are satisfied with these elements, you can fully engage in your work. Our research shows that the five keys to employee engagement include: Read more…

HR Insights, Talent Management

Yes, Most People Really Do Hate (and Dread) Your Annual Holiday Party

the-office-season-2-christmas-party-26

I have thought about this for years, and I finally decided to write about this because several people have approached me already this year about dreading their office holiday party.

So I’m going to say it: Most people hate your holiday party.

To the executives and the people who help plan these things, please consider the following: Read more…

HR Insights, Talent Management

Will You Be Able to Keep Your Workers From Walking Out the Door?

© VRD - Fotolia.com

You made all the right moves the last few years, difficult as they may have been.

You took a firm hold of the leadership mantle, turned a discerning eye to your business and streamlined operations to ensure your organization would remain viable.

Yet, as anxious as you are to let out a sigh of relief, something tells you that you can’t exhale all your pent-up concern just yet.

And for good reason. Read more…

Talent Management

A Culture of Health and Well-Being Can Drive Employee Engagement, Too

6_tips_for_wellness

Employee engagement is all the rage these days.

It should be, considering that only 13 percent of employees feel engaged by the work they do, and that low engagement leads to high turnover, which can cost companies up to 150 percent of an employee’s salary.

But with so many factors involved in employee engagement – job satisfaction, stress, work-life balance, purpose, relationships, physical and emotional well-being – it can be tough to achieve. CEOs and HR leaders at leading organizations are learning a focus on employee well-being impacts most factors critical for employee engagement. Read more…

Recruiting and Staffing, Talent Management

Hiring Wisdom: How You Should Deal With Underperformers

From istockphoto.com

It’s pretty much the norm that about 10 percent of your employees will always fall into the “underperformers” camp.

If you are tired of the headaches they routinely cause, here are the only two ways you can permanently remedy the situation:

1. Increase accountability while simultaneously reducing your tolerance level. Specifically, make everyone accountable for their own performance, starting with you. You are the one who hired the underperformer and you are the one letting it slide. Read more…

Talent Management

Why High Performers Really Like Performance Reviews

Performance review

It seems every week some HR blog says employees hate performance evaluation and we should get rid of performance reviews.

I agree that many performance management processes are in dire need of improvement. But as I’ve discussed before, recommendations to eliminate performance evaluations are naïve and misguided.

These recommendations are naïve because if a company pays some people more than others then it evaluates performance, even if it says it doesn’t. Companies that claim to be eliminating performance evaluations are usually just hiding the evaluation process from employees. Read more…

Talent Management

Friends at Work Make For Happier Employees – and a Better Bottom Line

123RF Stock Photo

 With my mother dying earlier this year, I have been reminded of the importance of friendship.

My pals have played a crucial role in supporting me, helping me grieve, cheering me up.

Several of these life-affirming friends are from work, including a group of buddies that dates to our work together as newspaper reporters 15 years ago.

Indeed, at a time when Americans have fewer friends than they used to, the workplace is a fertile field for growing these valuable ties. And companies can do a lot to water that social soil — resulting in happier employees and a healthier bottom line. Read more…

Talent Management

Performance Management: Solving a Problem by Addressing Its Parts

123RF Stock Photo

I recently wrote an article explaining that performance management is difficult because it involves evaluating employees based on their relative contributions to the company while also engaging and encouraging employees to improve their performance.

This can create a dilemma since methods that accurately evaluate employee performance often decrease employee engagement, and methods that emphasize employee development often provide little value for identifying high performers.

So how do we solve this? Read more…