3.1 Please Train Me!
No one can argue that we are living in an age of continuous change. Technology alone has changed the way we work and the speed at which it is introduced challenges the skills encompassed in the best of companies. Additionally, as organizations become more agile, current and future leaders must continually upgrade their skillset and learn creative ways to adapt to this ever-changing world. This is where training and development come in.
Watch the following video “The Importance of Training and Development for Employee Performance” to learn about the reasons it makes sense for companies to invest in developing their employees.
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4.1 How’s my performance
One very important responsibility of HR is to put processes and tools in place that managers can use to effectively evaluate employee performance, provide feedback to the employee, and work collaboratively to identify ways to improve performance. It sounds simple, but it is actually a complex process. After all, let’s face it, no one wants to be “evaluated” so the whole experience is often uncomfortable and awkward. Traditional systems focus on formal meetings that take place once or twice a year but that can be ineffective if that is the only time employees are given feedback. Modern workplaces are turning to technology solutions to help resolve this issue and turn the old annual evaluation process into a Continuous Performance Management process.
Watch the following video “What is Continuous Performance Management” to learn about a technology solution designed to improve the performance management process.
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5.1 I need some appreciation
Companies today are expected to develop compensation systems that go beyond the paycheck. Organizations must offer opportunities for employees to be rewarded and appreciated for their contributions and performance. Employees not only want to be paid fairly based on their knowledge, skills, abilities, and overall contributions to the company but they want to feel valued. They want to know their efforts are recognized and appreciated. They want to know if they put forth that extra effort and exceed their performance goals that there will be an appropriate reward in the end.
Watch the following video “Employee Recognition” to learn a bit more about why employee recognition is important.
‘Going Beyond the Paycheck’ means employers today must do more than pay a fair wage to employees for their work. We must go further. Employees seek out companies where the mission statement matches their own professional goals, and the corporate culture creates a sense of personal belonging.
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