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What Is Performance Management? The Complete Guide

AIHR

Effective performance management helps organizations ensure that employees understand their roles, receive constructive feedback, and have the support they need to achieve their goals and business objectives. Let’s look at what performance management is, what the performance management process looks like, and some examples.

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10+ Employee Retention Strategies for 2023 to Keep Your Top Talent

AIHR

Investing finite resources into effective employee retention strategies will play a pivotal role in the success of your organization. Let’s explore why employee retention matters and the best employee retention strategies HR can implement in the business. Let’s explore why employee retention matters in more detail.

Retention 101
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15Five Wins 2024 HR Tech Award for Best Midsize Business-Focused Solution 

15Five

The 2024 recognition includes a special emphasis on how organizations have benefitted from 15Five’s HR Outcomes Flywheel approach, our guiding philosophy that enables strategic HR by connecting its impact to the business through higher employee performance, retention, and engagement.

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Performance Management: How To Do It Right?

Vantage Circle

Effective performance management is the key to unlocking your employees’ full potential. The term “performance management” is used widely without understanding its true meaning. So, what exactly is performance management? But, an effective performance management system is more than just about setting goals.

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5 Steps to Choosing the Right Employee Engagement Software for Your Business

15Five

Without the best tool to help manage and measure employee engagement, you risk missing out on the benefits of a productive, motivated workforce. However, onboarding the wrong software can result in wasted resources and a minimal impact on key engagement metrics such as retention, absenteeism, and turnover.

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What is a Turnover Rate?

15Five

Since employee retention is part of HR’s responsibilities, calculating and managing turnover rates falls on them, too. Often, organizations will use an average number of employees over that period rather than an absolute number to help account for variations. Our turnover rate is twice the industry average.”).

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How Kreg Tool Skyrocketed Engagement and Reduced Turnover by over 20%

15Five

They wanted to address the retention issue, measure engagement, and improve how they evaluated employee performance – and their existing system didn’t set clear expectations, offer chances for career growth, give enough recognition, or hold people accountable. Kreg’s HR team realized they needed to make some changes.