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HR Tech with a performance management tool plays a vital role in enhancing the performance of the employees. Many organizations are now moving from measuring the outcomes of your employees to ensuring outcomes which can help you to drive a performance culture.
Boost Productivity
Many research has proved that engaged employees stay longer in companies and actively involve themselves in the place of work to produce better results.
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Ensure Employee Development
Regular performance management and continuous feedback ensure the proactive development of employees by covering their requirements.
Incorporate 360 Degree Feedback
Gartner research shows that there is a 3.5% increase in the utility of performance management and a 14% increase in employee performance when employees are evaluated by peers with interconnected work and shared goals.
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Make Forward-Looking Reviews
One research says that focusing on the future makes performance management more useful. In fact, making performance reviews forward-looking can increase employee performance by 13%.