Selecting an appropriate performance management system isn’t an easy task as every business has different requirements. However, taking the following factors into consideration when selecting a performance management system can make your job easier: It should be in line with your business goals. It should be simple and easy-to-use for all the employees It should...
Performance appraisals are a regular part of job performance and contribution. They help to assess the contribution made by each of the employees to further the company’s growth plans, review the progress made, and reward the high achievers and upskill them for future growth. Pick one of these methods described here, to your employees committed...
For most jobs, there are a few job competencies that are common and expected by companies, such as: Teamwork Responsibility Commercial Awareness Decision Making Communication Leadership Integrity Result Orientation Problem Solving Organizational Competency Learn how PossibleWorks can help you Competency – A definition A competency is generally defined as a combination of skills,...
KPI and OKR are mandatory for a business to function effectively and successfully. Both KPI and OKR help an organization to perform competently. In this article, we are going to look at: The definitions and examples of KPI and OKR The Difference between KPI and OKR Which is more effective: KPI or OKR? Learn...
It’s time for HR teams to come up with a new and effective strategy for performance management to ensure that productivity is not affected. Focusing on job security and employee well-being Managing compensation and Benefits Provide opportunities for continuous learning Protect your employer brand Establish a new work culture and get it acceptance Create a...
OKRs are important for a business to achieve the objectives they desire to achieve within a particular time-frame. OKR is a robust methodology that enables the business to gauge its performance periodically and stay in line with its overall business objectives. This article deals with frequently asked questions related to the following broader features of...