In recent decades, millions of women have joined the workforce and have made great strides in their educational level, surpassing that of men. However, women are still paid less than men. Indeed, there are gender pay gaps in the pay distribution and within educational cohorts, occupations and sectors, sometimes severe. Closing the pay gap is critical to helping women achieve economic security.
At the same time, the factors that have prevented women's wages from increasing over the past 12 years are the same forces that have suppressed the wages of male workers. While a growing and increasingly productive economy creates the potential for widely shared prosperity, the economic gains in recent decades have been realized almost exclusively by the highest. This is because deliberate political decisions made on behalf of those with the most wealth and power has made it difficult for workers to get the wages they deserve. This fundamental change in the way the economy works affects the majority of workers, regardless of their gender, race, ethnicity or educational level.
A progressive women economy agenda should close the gender pay gap and raise wages to improve living standards for all workers. The political agenda will give low- and middle-wage workers greater economic clout, change the rules so that a growing economy benefits working Americans, and maximize women's economic security. Because low-wage jobs are disproportionately held by women, women are the main beneficiaries of an agenda to increase the wages of low- and middle-wage workers.
Benefits of economic empowerment
Women's economic empowerment is critical to achieving women's rights and gender equality. Women's economic empowerment includes the ability of women to participate equally in existing markets; their access and control over the means of production, access to decent work, control over their own time, life and body; and greater voice, freedom of choice, and meaningful participation in economic decision-making at all levels, from the home to international institutions.
Empowering women in the economy and closing the gender gap in the world of work is key to achieving the 2030 Agenda for Sustainable Development and the Sustainable Development Goals, in particular Goal 5, achieve gender equality, and the Goal 5 8, promote full and productive employment and decent work for all; also Doel 1 on poverty eradication, Doel 2 on food security, Doel 3 on safeguarding health and Doel 10 on reducing inequalities.
When more women work, economies grow. Women's economic empowerment increases productivity, increases economic diversification and income equality, among other positive development outcomes.
Raising the level of education for women and girls contributes to women's economic empowerment and more inclusive economic growth. Education, skills upgrading and renewal throughout the life cycle, especially to keep pace with rapid technological and digital transformations affecting employment, are critical to the health and well-being of women and girls as well as for your opportunities to generate income and participate in formal work market.
Women economy equality is good for business. Businesses benefit greatly from increased employment and leadership opportunities for women, possibly increasing organizational growth and efficiency. It is estimated that companies with three or more women in senior management positions score higher in all dimensions of organizational performance.
However, companies are often on the plight of digging ways that offers the best engagement, and that impacts the performance most effectively.
Here we are going to share a few ways simulation training can help you improve your workforce’s performance to a great extent.
Traditionally, training was limited to lectures, presentations, workshops, and eLearning seminars.
These are virtual representations of real-world activities in digital form that build more excitement among employees to learn.
Employees are capable of examining the outcome of their actions and decisions.
This way, the risk of negative impacts can be removed and a better way of leading a business process can be developed.
Select One Cause and Work on ItFocusing on a bunch of causes from the get-go is the biggest mistake small businesses make.
Experts suggest that small businesses should pick a single cause because:Small businesses have limited resources; choosing one cause will give them the best opportunity to make a difference while remaining within their financial constraints.Small businesses are inexperienced and therefore starting small is the best option to learn and grow.When the focus is centralized on one issue, impacting change becomes possible.
This change can be easily noticed by the community in comparison to the little contributions made in several areas that often go unnoticed.
However, if it only chose one of these causes, it can make a significant difference in their community.Tips: Take suggestions from every team member and have a detailed discussion on it.
For instance, if you have a budget in surplus, you can contribute in terms of money.
Some of them include:Giving scholarshipsProviding welfare serviceProviding office space to the non-profit organizationsArranging events and giving funds to the non-profits from the profitArranging a voter registration office for a good political change3.
Actually, Agricultural Machinery is the mechanical devices including tractors and tractors implements such as harrow, rotavator, plough, cultivator, and Harvesting machines, etc, which is used in farming to save labour.
That is called Agricultural machinery.
And Agricultural mechanization is the process whereby equipment, machinery, and implements are utilized to boost agricultural and food production.
It is the application of machinery, types of equipment, and implements in the day-to-day farm activities to increase marginal output in food production and poverty eradication.
Every year in corporations around the world, managers go through the ritual of providing feedback to members of their team through the performance appraisal process.
This process usually consists of the manager writing a review of the employee’s annual performance, based on predefined goals agreed upon at the onset of the year.In many cases, the employee writes a self-assessment so that both the employee’s and manager’s assessments are considered.
Measuring employee performance is vital to an organization’s success.
Why Performance Management Important for your Business?
An effective Performance Management System can help you unlock your talent’s full potential and turn your small business into a major threat to your biggest competitors.
Let’s check our info-graphics “How Employee Performance Management Helps your Business Growth.”
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Organizations, individual business owners and companies are constantly looking for the best employee performance management tools. The use of performance evaluation tools aims at improving the organization as a whole by stimulating and increasing the productivity and performance of employees. Performance evaluation tools also gather individual workforces in a large single business entity with multiple missions and targets to accomplish.
Before the invention of the employee performance measurement tools, the organizations and corporations were dependent on annual performance based on paper reviews. But this method was stressful, clunky and contradicted unbiases. To resolve the glaring problem of the initial method of employee performance measurement, the organization and corporations are now adopting the use of employee performance management tools.
Benefits of Employee Performance Evaluation Tools
The switch from the annual performance paper reviews to employee performance measurement tools did not only increase the employees’ productivity but also the organization’s bottom line and efficiency of various business processes.
7 Essential Employee Performance Measurement Tools
Generally, integrating employee measurement tools with adequate evaluation metrics is certainly the best way to upgrade your workforce. In this regard, the following are 7 essential employee performance measurement tools to use in 2019:
Kissflow HR Cloud
Kissflow HR cloud employee performance tool is a module that helps the business owners to align all the employees working under the same business entity according to the goals, missions, and strategies of the business efficiently. Kissflow HR cloud provides streamlined solutions for employee performance review. Moreover, it also gives leverage to the business owners to customize it according to the unique business requirements so that it can be flexible enough for the business.
It also provides insightful reports that help the organization management to find the best potential employees in the workforce, critical business insights, critical workforce gaps and etc. The key feature of this application is that it triggers the improvement plan alert when an employee’s performance is not up to the mark.
Almost 52% of the organizations are updating their business HR systems with the KissFlow HR cloud module.
Workday
Workday is a compensational employee performance management tool that provides an ideal solution for organizations to analyze the employee’s individual performance. Not only does it allow the user to review the end-to-end performance but it also aligns goals for the workforce.
Although, it is a very powerful and efficient employee performance measurement tool the lack of user manual and the lack of material for training makes it hard for many organizations to use it freely.
BambooHR
BambooHR, a powerful employee performance tool, was originally developed for small to medium-sized businesses and organizations. Through this tool, you can have frequent checks on the performance of the employees on the improvement plan progress.
The most impressive feature of this performance evaluation tool is that it comes with the option to show real-time analytics and performance insights, making it easy for employers to bug out performance issues. However, there are some minor problems with the integration of the application within the company.
Engagedly
Engagedly is an employee performance evaluation tool that is true to its name as it provides the user with an engaging approach to analyze, create and define the performance reviews of the employees. It solves all the rising performance problems that occur in an organization along with robust and powerful features like cascading, goal management, surveys, LMS, rewards, and social collaboration.
However, the dashboard can be pretty confusing for employers who are not tech-savvy.
