With increasing regulation within many industries, keeping track of what is important and necessary  can be quite a task for any human resources department - not to mention, time consuming. With looming audits, and fear of falling out of compliance, there are many moving parts that HR professionals need to keep in check. 

For Immediate Release - June 11, 2019

When organizations first began the process of performance evaluations or appraisals, the feedback typically flows from the top-down and ends there. Supervisors provide feedback to their direct reports, often times individual contributors. This leaves a lot to be desired, not only is the expectation that the supervisor has a thorough grasp on the work that the subordinate does (and remembers it), but the supervisor is also left unchecked for how the working relationship is going from the viewpoint of the subordinate. The aforementioned type of feedback is typically referred to as “downward feedback” because the conversation stems from the top and flows downward.

Talent Management, as defined by Wikipedia, is “the anticipation of required human capital for an organization and the planning to meet those needs.” That sounds a lot like what Human Resources does in an organization. But understanding the nuances between these two functions is imperative to better understanding your employees and meeting their needs on the job.

Businesses create processes and standards by which their employees are measured against to ensure that employees understand their role and job function, are competent in that role, and ultimately are an asset to the organization. This process is typically referred to as performance management. The idea of performance management and a review process is theoretically a good one. The best way to measure an employee’s performance is by asking their managers, peers, and subordinates how exactly the employee is performing in their job, what they can improve upon, and what they have mastered. Performance reviews can sometimes go as far as to determine when someone is up for a promotion or a raise - although tying reviews with compensation can be tricky (more on that in another blog).

Performance Evaluations can be tough to create, especially for the first time. If building off of a process that’s already in place, it’s easy to identify holes and areas of improvement to continue working towards a performance evaluation process that works for your organization’s culture and goals. However, building one from scratch can be significantly harder. Other than the obvious suggestion to remember that this process is iterative and can continue to be improved upon, the closer that you can get to an end result the first time around will help to ensure consistency over the years when evaluating an employee that has been around for that whole time.

In today’s Twitter-world, we don’t have time to read lengthy articles about processes that we should already know about. Unfamiliar with Performance Management? Here are three bite-sized definitions to help you get a little insight into performance management.

Across most businesses, there is some sort of training that takes place. Whether this training is to keep employees abreast of the latest trends across the industry, or simply onboarding an employee with relevant HR information or organizational practices, it doesn’t matter. Each and every training that is completed to advance careers or to remain informed of changes should be documented by the relevant personnel to ensure there is no oversight.