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Efficient workforce management practices can lead businesses of all sizes to success. A good way to start implementing these practices is by implementing a workforce management system in your organisation. The goal behind investing in a workforce management system is to enhance employee engagement, productivity, and build a better workplace environment.
Organisations should implement a simple yet effective employee performance management system that not only increases productivity but also enhances employee retention. Along with technological advancement, some tools help leverage the best out of performance management for businesses. Let’s have a look at some of the most useful tools for managing employee performance.
Six Powerful Employee Performance Management Tools
Online Performance Appraisals
Most of us dread the process of performance appraisals. It requires extensive work on the part of every employee and can be a tiresome process to go through.
With the use of technology, performance appraisals have become an ongoing and easier business process. With online performance appraisals, employee performance can now be reviewed as and when required using review templates. Modern HRMS solutions provide customisable performance review templates that include all types of review questions, such as multiple-choice, yes/no, open-ended text responses, and ratings. Creating and assigning these question sets to employees and managers and completing them is easier and faster than paper-based performance review forms.
Online Staff and Manager Performance Ratings
Performance rating can be a part of a performance review questionnaire and is also a crucial tool on its own. The goal behind rating every employee’s performance is to gather and manage their performance scores and help them enhance these scores by providing them with the appropriate resources. Every staff member and manager can be asked to rate the performance of their colleagues, subordinates, and superiors. Taking this rating system online with an HRMS helps ensure ease of use and data privacy. The ratings can be made visible to only a selected group of authorised users.
Online 360-Degree Feedback
Fair, accurate, and timely feedback is a must when conducting performance appraisals. And a useful way to gather this feedback is through a 360-degree feedback approach. Gone are the days when only managers or superiors provide feedback on their subordinates’ performance. A modern work environment benefits from considering and implementing changes based on feedback from every employee. This approach makes employees feel valued and enhances employee engagement. Taking it online saves valuable work hours that can be spent on other important tasks.
Online Goal Setting
Performance appraisals are incomplete without data analysis and building business strategies accordingly. Online goal setting works to create effective business strategies that are based on previous and present employee performance and can help a business grow in future. These goals can be regarding project goals, 1:1 meetings, 90-day action plans, formal performance improvement plans, or others that meet your business requirements. Online performance management systems enable viewing, measuring the progress of, and generating reports for these goals in real-time.
Online Learning and Development Plans
After analysing the performance of every employee and creating realistic and smart business goals, the next step forward is to provide the necessary support to your employees to improve their performance and achieve the goals. Online employee learning and development plans help your employees improve their existing skills and build new ones, which keeps them motivated to perform better and engage more. It is easier to enrol employees for training courses and review their performance online irrespective of their location. The improvement in employee skillsets helps both employees and the organisation to grow.
Online Employee Engagement Surveys
Employee surveys are yet another powerful tool for gathering employee feedback and other data for analysis. Online surveys can be used to conduct pulse surveys that help keep track of employee health and wellbeing, annual employee engagement surveys, and other important surveys. This helps keep track of how motivated and engaged your employees are and how satisfied they are with their workplace. Is there room for improvement, if yes, how? Information like this can be easily gathered from a large number of employees with just a few clicks. There is no need to contact every employee separately in person to participate in these surveys. A manager can assign these surveys to their employees online and analyse the data to generate insightful reports.
The takeaway:
Employees are the lifeblood of every organisation, and effective employee performance management leads to better productivity and engagement. With these powerful performance management tools offered by Sentrient’s HRMS, you can make your workplace a better place for every employee. Contact us to know more.