KPI stands for Key Performance Indicators that are a set of calculable measurements used to evaluate the overall long-term performance of an organization. KPI helps an organization to measure its financial, strategic, and operational achievements, especially compared to other businesses in the same industry. Hence, we can say that KPI is the tool that measures […]

Human resources (HR) professionals are currently facing more challenges than at any other time in history. A global health crisis, mental health crisis, layoff, and economic downturn, are just a few of the issues that HR professionals are working on. Unfortunately, it appears that this unruly period might continue, well into 2021. So, as we […]

When you are conducting a performance review, it not only is the time to discuss performance but also uncover employee’s strengths, makes sure they align with the company’s goal and empower them through continuous development. However, that is no simple feat. An efficient performance review cycle must include HR professionals working in lock-step with the […]

Companies are keen on exploring new ways to increase growth, yet only a few have leveraged their existing strategies. In such a scenario, it is imperative to better utilize a performance management system. However many of these systems are often detached from the corporate goals earmarked and hence lead to conflicting and incoherent behavior among […]

Regular employee performance evaluation is essential for every business; most companies conduct employee performance review sessions yearly. In this assessment program, employee’s work, habits, and duties are reviewed and compared with expectations that are set by the organization. The result of evaluation plays a vital role in employees’ appraisal, promotion, raises, and bonuses. Frequent evaluation […]