Why Your Employee Performance Review Needs to Change for Millennials
Millennials are now the largest generation working today and they are constantly changing jobs. Many companies are left trying to figure out how to engage and retain their millennial talent while a large portion of employers are not adapting to the times. The organizations that have shown success with their millennial employees realized that they needed to keep up or they will be left behind. That meant updating necessary talent management processes with modern solutions. The employee performance review is one process that many companies need to update or their recent millennial hires will not make it to an employment anniversary. View the infographic to see why your employee performance review needs to change for millennials.
For more Performance Management resources, visit our Performance Management Learning Center.
The 5 Ways Your Performance Review is Failing Millennials
Millennials currently make up more than a third of the global workforce, and that number is rising quickly. By 2020, one out of every two workers will be a Millennial. While this is good news for a world that needs innovation and technological savvy – two areas in which Milennials excel – it can be […]
Are Your Performance Reviews Paying Lip Service to Your Performance Needs?
A process that turns managers and employees into team members. A system that offers frequent and consistent feedback. A training and mentoring program that enables employees to excel. According to some theories, that’s all you need to ensure active employee engagement and a strong team culture. And, it’s almost true. A strategic performance management system […]
Pay-for-Performance: Good Idea or Failed Concept?
Compensating employees based on performance seems like a solid idea. In theory, it makes perfect sense: High performance equals increased compensation, which further motivates employees and leads to even higher performance. The reality, however, is different enough that it has many human resource experts wondering if pay-for-performance is anything more than a trendy concept. The […]
