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Consistency in performance management

Why do our managers and employees hate it so much? Performance Management the topic that makes managers and employees go “aargh that again…” But the truth is, there are a few organisations if any that can say “we have nailed our performance management process and all our staff members look forward to it.”   Why do we hate it so much? The reasons are endless. But the biggest issue is the corporate culture, established in the mid 1950s, has made the annual performance appraisal [...]

Empower your employees through HR

With times changing and the competition for talent becoming more and more fierce, HR has to take a proactive role to empower employees. We have a created a short list of things you can do, as HR, to get the most out of your employees.   1. Give them analytics they can understand HR is the backbone of the organisation and plays a vital role in the employee’s life. As HR, we need to empower our employees by giving them analytics they [...]

Making work Fridays better for Employees

Fridays are always the most tedious day of the week for most employees. The weekend air starts to seep in but you still have to spend the whole day at work. Some of us are in hurry to go and spend time with our kids, some of us are just in a hurry to go home and sleep. Whatever your plans are, your corporate culture should be supportive of your lifestyle. Here are 3 simple tips your corporate culture could [...]

Trying to balance all of your money

How to make your money last to the next month and beyond

Financial education is a very scarce resource that only a few of us have been taught. With rising debt default rates and increasing cost of living, it is important now more than ever that we teach each other how to manage our money so we stop living from paycheck-to-pay-check.   By 2022, roughly 40% of the workforce will be millennials meaning that they have only had a few years of having access to disposable income. This means that there is a [...]

Rewards Management and Why your organisation needs it

The landscape of competition is constantly changing and so are the organisations that compete in this landscape. The rise of ultra-competition means that organisations have to achieve more by motivating employees to produce better results. The Japanese call this constant improvement Kaizen. But the question now comes: How can organisations drive employee adoption of Kaizen? Rewards. That’s how! Incentivising performance From a young age, people have always been incentivised to achieve more. Whether it was accolades and certificates in schools, or [...]

Challenges Faced in Implementing Performance Management Systems

Performance management systems are processes and tools created to monitor the performance of preset long and short-term goals. The process of implementing such systems is very complex and requires buy-in from all stakeholders. Here is our list of the most common challenges in implantation:   Lack of Sponsorship The implementation of performance management systems requires a strong and influential sponsor. The sponsor will rally the entire organisation towards the same goal. The lack of a significant sponsor normally results in the priority [...]

Performance Reviews – Is Moderation of Performance Scores Fair to Employees?

Performance reviews are used to generate comprehensive performance scores. Performance score moderation and adjustment is a process in which company managers come together to review and assist in changing performance scores (if necessary), agreed to between Manager and Employee in order to; Ensure that managers across the organisation have evaluated their employees using the same standardized practice. This eliminates unfairness in the performance review process. Eliminate the issue of one manager’s more lenient rating system versus another supervisor’s complex rating system. The [...]

Getting A Bonus? “Telltale” Signs That You Are Not Getting the Full Benefits of Your Bonus.

Bonus time is always exciting for those who are fortunate enough to get one. People line up to get into the manager’s office to find out if they have secured that all-enticing extra paycheque. Below are some of the “telltale” signs to take note of ensuring you are not being misled during bonus time; You Don’t Know What to Expect Knowledge on whether or not you are getting one and how much you are getting should be upfront and authentic. This is [...]

Re-thinking employee incentives and rewards

Incentives and rewards have long been used by various organisations as a way to attract and retain talent. Silicon Valley – home of many tech giants has been in the forefront in coming up with unique ways to incentivise and reward talent. Large bonuses, share options and big commissions are still big and widespread. But other forms of incentives and rewards have been introduced to keep up with fast paced changing world. In this post I am going to [...]