Performance Management

Tips and tricks of performance review management

Succession Planning with Trakstar

The following is a guest interview, written and contributed by Janine Nicole Truitt, Chief Innovations Officer for Talent Think Innovations, LLC Succession Planning is an important component of the health of a business. In order to be a sustainable enterprise you not only need to have a tried and true method for attracting and hiring […]

18 March 2019

Effective Word Choice for Employee Performance Review Forms

While employee performance reviews are an important activity for any organization, there can be a negative sentiment among the people who participate in them. It goes without saying the average employee is apprehensive about having their performance put under a microscope. But many managers are also put off by a typical assessment process. The time […]

04 March 2019

Post Employee Performance Review Action Items

Your organization finished its latest round of performance reviews. Congratulations! Your employees were likely happy to learn how they’re doing and are now looking forward to getting back to their usual routine. But if you oversee the review process, there is still work to be done. You uncovered a lot of interesting insights by conducting […]

28 January 2019

The Value of Online Employee Performance Reviews

Organizations are successful when the entire staff performs to their full potential. Every employee needs to put their best foot forward each and every day. However, effectively evaluating employee performance is easier said than done. Human resources and organizational leadership invest a lot of time and effort overseeing the employee evaluation process. Unfortunately, these assessments […]

28 December 2018

8 Rater Biases that are Impacting your Performance Management

Employee performance is tricky to measure, but one strategy used by millions of domestic and international companies is performance rating. What better way to determine employee abilities than to ask their supervisors, subordinates, and peers who work with them every day? Unfortunately, we are all affected by a wide variety of rater biases that impact […]

24 September 2018

Critical: What Managers Should Ask at the 90-Day New Hire Performance Review

What is a 90-day Review? A 90-day review is used when hiring new employees or transferring employees to new positions. After the first 90 days, a manager reviews employee performance, goal progress, and discusses future onboarding and training plans. It’s important to come prepared to the 90-day review with an agenda and questions to ask. […]

19 September 2018

How Frequent Feedback Improves Annual Reviews

The annual review is a staple in many organizations. Human resources is tasked with ensuring managers assess all their team members’ performance and make time to discuss the results with each person. For a week or two every year, much of the focus shifts to the employee evaluation process. However, limiting employee reviews to only […]

17 September 2018

How to Identify and Keep Top Performing Employees

Every professional has aspirations to grow their career. They hope hard work will pay off and result in a promotion that comes with more responsibility and higher compensation. Unfortunately, few organizations actually hire from within. A 2015 study conducted by WillisTowerWaston revealed that over 70 percent of employees believe they’ll have to change jobs in […]

19 April 2018

5 Best Practice Tips for Reducing Rater Bias in Performance Reviews

Effective performance management relies on accurate information from performance reviews. Rater bias undercuts this effort by calling into question the accuracy of these ratings. No one is immune to rater bias, so every HR professional should be aware of its impact. Biases like the halo effect, the leniency bias, and the “similar to me” effect […]

03 August 2017

Succession Planning in Trakstar – The ‘Why’ and The ‘How’

If done right, succession planning is a great way to prepare your workforce and your organization for success in the future. Succession planning is the practice of identifying high-potential employees who will do well in leadership roles and will benefit from additional responsibilities and training. The Succession Planning feature in Trakstar works to confidentially compare […]

25 July 2017

Rating Scales – Why The Words Matter

In two separate studies, Willis Towers Watson found that 45% of employers found that their own performance management systems were ineffective and Deloitte reported that 58% of HR executives felt that performance reviews were a waste of supervisors’ time. These shocking statistics, coming from those who understand the importance of effective feedback, are reflective of […]

20 July 2017

Support Employment Related Decisions With Performance Management Software

Employment related decisions have always been challenging. There is so much about management that can seem subjective, and it is difficult to keep track of everything to get a clear picture of what is really going on. And when you are making decisions about which employees you want to keep, and which to let go, […]

18 July 2017

Focal Point Reviews vs. the Anniversary Date Appraisal

The dawn of the 21st century saw a new employee performance evaluation process begin to take hold in organizations across the country. What was once a commonly accepted practice, anniversary date appraisals are being traded not only for the use of focal point reviews, but for the philosophy behind them.   Anniversary Date Performance Appraisals […]

11 July 2017

How to Increase Employee Buy-In to the Appraisal Process

Many employees and managers alike are not huge fans of the performance appraisal, which can defeat the purpose of giving one. Dissatisfaction with, and perceived unfairness about, the performance appraisal process can have grave implications on employee morale, decreasing engagement and increasing the likelihood of turnover. But, research still maintains that having a properly-constructed review process […]

14 March 2017

Modernizing Access with Single Sign-On

As more and more organizations choose Trakstar, we see an increasing variety in how organizations provide their users access to important applications. Recently, we’ve made major improvements in how users can sign in to Trakstar, and allowed admins more flexibility in implementing alternatives to the standard username and password login, such as single sign-on (“SSO”). […]

19 January 2017

Do You Know When or When Not to Give Employee Feedback?

If you were to take a quick look at all of the leadership and workforce articles you’ve read in 2016, there’s a good chance a large portion of them focus on how to give employee feedback. The general consensus is that employees can’t get enough, and you should be building more of that feedback into […]

12 January 2017

Attention Managers: Quit Being Cautious When It Comes to Giving Feedback

As a manager or leader, one of the most difficult parts of your job can be giving feedback to subordinates. Only 29% of people in a recent Leadership IQ survey said they ‘Always’ know whether their performance is where it should be, or not.   Even with all of the emphasis on performance analytics, and […]

22 December 2016

Combating High Turnover with Feedback Loops: How to Do It

Retaining and engaging employees will always be important to business success, which means a continuous search for the answers on how to combat high turnover rates. At the heart of this search is conversation. Not the conversation of HR experts or employment professionals, but the conversation of the employees. The best way to know what […]

20 December 2016

How Performance Management is Different for Extroverts and Introverts

The most effective managers are those that understand the different needs and communication styles of their workforce. The tactics they use to inspire and correct performance have to be adaptable to the employee they’re being used on, especially in performance management. It’s much easier said than done. What pushes one employee to perform productively, might […]

15 December 2016

How to Use Performance Management Software to Further Employee Development

If there is one thing employees want, it’s growth. Whether it be growth in their positions, or growth in their careers, having opportunities to evolve in a company are important. Keeping employees continually evolving as members of the organization is a responsibility of management. Of almost 4,300 workers, a massive 74% felt that they weren’t […]

08 December 2016

Be Thankful for These Employee Feedback Best Practices

Employee feedback is hard to get right, especially without any guidance. However, it’s vital that your employee feedback is curated, and delivered, just right;  A CareerBuilder survey found that 50% of employees believed better recognition would lead to less voluntary turnover.   It’s time to stop thinking of feedback in the same old once-a-year way, […]

06 December 2016