What Are The Latest Trends in Performance Management?
2018 was a year of a major evolution in performance management. Organizations across all business sectors shifted from traditional HR practices of annual appraisals to simpler and effective performance management system that is ongoing throughout the year. Year 2019-2020 highlighted five new performance management trends that the organisations are focusing in upcoming year: 1. Employee Well being As Josh Bersin has stated, well being is still a big part of HR. Productivity is suffering when stress level are high; employees feel overwhelmed and they’re getting less work done. Detecting and addressing mental issues early on is becoming important. Organizations such as Cydesdale and Yorkshire Banking Group have begun including wellbeing questions within their regular manager and employee coaching conversations in order to spot and address potential mental health and workplace stress issues. Deloitte’s 2018 Global Human Capital Trends reports emphasized on the need for organ...