For the past decade, many in the HR industry have been calling for radical changes to the performance management process and an end to the annual performance review. While many companies have moved to more frequent programs for individual goal setting and performance feedback, reports of the death of the annual performance review (to steal a quip from Twain) “have been greatly exaggerated.”
People want to know where they stand.
When Facebook reevaluated its performance management systems several years ago, according to a November 2016 article in Harvard Business Review, they conducted focused groups and a follow-up survey with 300 people that revealed 87% wanted to keep a more formal process.
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Record low unemployment, a positive economic outlook and a proliferation of recruitment channels make recruiting more challenging today than ever before.
To find out what’s working and what isn’t, we interviewed five senior talent advisors, each with a decade or more of experience and a track record of success in several different industry sectors. Download our latest Trendicators report, 5 Recruiting Experts Share Strategies for Success, for ideas you can use to compete more effectively in today’s talent-driven marketplace.
More than half of U.S. companies with 250 or more employees have conducted engagement surveys within the past two years. However, what do employees think about the engagement surveys their employers periodically—some might say, ritualistically—ask them to complete?
We looked for answers in the available literature but couldn’t find a single survey on the topic. How ironic is that? For years, hundreds of millions of employees have answered billions of questions probing their feelings about workplace conditions—yet we lack basic information about how such efforts are perceived by the very people analyzed.
How common are performance recognition programs today and what effects do they have on the employees they’re designed to influence? To answer these questions, Trendicators™–the research division of Engage2Excel–recently conducted a survey of 1,500 U.S. employees representing all major industries and demographic categories.
Statistically Valid Research: The results of this original research study, which have a margin of error of plus or minus 1.5% at a 95% level of confidence, are presented in Engage2Excel’s latest survey research report, What Do Employees Say About Performance Recognition?