As one of the leading staffing agencies in Kansas City, Morgan Hunter knows that most employees don’t happily anticipate performance reviews. And it’s no wonder when you consider these statistics:
- Only half of HR professionals say annual performance reviews are an accurate appraisal of an employee’s performance, according to the Society for Human Resource Management’s 2013 Employee Recognition Programs survey.
- In that same survey, 49% of HR professionals believed their performance review processes needed to be re-evaluated.
Clearly something isn’t working. Could technology be the answer?
While managers will always be the most important component of effective performance management, technology can certainly help streamline and improve the process. Here’s how:
More Collaboration
Technology enables employees to share their performance and development goals with their boss and other stakeholders in the company. They can also modify and update their goals and alert others of the changes. Likewise, managers can use technology to record discussions, recognize progress and achievements, monitor progress and timelines in one place, and adjust goals based on organizational needs. Managers can also provide more timely feedback, which is vital because it ensures employees get input when they need it and can then alter their course accordingly.
Better Organization & Communication
Performance management technology can take what is often times a messy, cumbersome process and make it easier to track and manage. As a result, managers can save time, reduce conflict, and ensure efficiency and consistency across team members. For the employee, technology can help to clarify expectations, clearly define career paths, and contribute to better job performance.
Identify Gaps Faster
Technology enables managers to identify skill gaps within departments or the organization as a whole faster. Though it takes time to ensure your performance management system is properly configured to identify skill gaps, it’s certainly worth it in the end. When you know which areas need improvement and which employees need extra training you can go about overcoming these issues and strengthening your core team. As a result, employees are more engaged, as well as more loyal to a company that is investing in them through training and development opportunities.
However, a word of caution: Performance management technology can give your company a competitive advantage – if you choose the right system. A poorly configured software program will generate more frustration and complaints than those received about traditional performance management processes. So make sure you choose wisely.
Do you need help hiring employees who can deliver top performance, each and every day? Call the experts at Morgan Hunter. As one of the leading staffing agencies in Kansas City, we pride ourselves on the quality of talent we provide for our clients. Our approach to staffing is distinctive and very successful, delivering optimum results to our partners. Contact us today to learn more about how we can help you.