“The remote working age has begun.” It is a novel phenomenon for many organizations.

Therefore, those companies should equip themselves to provide the necessary tech tools to the remote workers and engage them constantly.

Employee engagement is highly significant to ensure business continuity and to thrive even in the hardest times.

Engaged employees restore normalcy in the organization in a shorten span.

Here are the benefits of employee engagement.

A study reveals that a disengaged employee costs an organization approximately $3,400 for every $10,000 in annual salary.Thus, employee engagement is more needed now than ever.

Continuous feedback enhances employee experience in an organization, which is vital in this experience economy.

As per a Harvard Business Review article, continuous feedback was born when a company named Colorcon, in 2002, switched from an annual feedback system to an instant feedback process.

The modern performance management system that leverages technology emphasizes on the benefits of continuous feedback methods and encourages the users to use it frequently in their work.Here are 4 benefits of continuous feedback.Thus, implement continuous feedback in your organization to reap its complete benefits.

With the increasing number of millennials occupying the workforce, there is a strong need for building a strong workplace culture.

A lot of companies have even made employee engagement easier by providing millennials with a little more flexibility in the workplace.

However, the one major problem that managers face is engaging millennial employees.

Providing flexibility in terms of time schedule and working from home help millennials to dedicate their time effectively in completing the work.

Millennials crave a good work-life balance.

But this flexibility is not always a feasible option.

A survey suggests that employees work harder when they feel that their work is appreciated by the organization.

How can we let the employees know that we cherish their work?

Both monetary and non-monetary rewards satisfy employees.

There is a myth that only monetary rewards make the workforce happy.

That is not true.Here are a few rewards and recognition ideas.Once you care for the employee, the employee will stay loyal to the company and try his best to help his organization to reach heights.

Companies, today, have come out of the shock of coronavirus pandemic and are looking for ways to thrive in this pandemic and also post COVID-19.

The prime focus should be on goals management as they can help companies move forward together.

There are various goal-setting techniques like Management by Objectives (MBO), Objectives and Key Results (OKR), SMART goals, etc.

In this crisis period, OKR, not a new phenomenon, is gaining popularity due to its focused approach.Here are the key features of an effective goals management framework.Goals management is the key to bounce back your business from adversity.

Resilient leaders should set goals carefully to create productive results.

Performance appraisal is often a negative and disliked activity.

Managers do not like giving them and employees do not like receiving them.

Some managers believe that it is a waste of time.

Indifference from people towards Performance Appraisal at the receiving end can arise because they see performance appraisal as simply another weapon in the hands of managers to take disciplinary action against the employees.

Here are the Top 6 problems with performance appraisals: If you can influence these six big problems in performance appraisal, you will go a long way toward having a useful, developmental system in which the employee's voice plays a prominent role.

The solutions provided are the right way to approach performance appraisal problems.

Effective management of processes is inevitable for business growth.

Technology today has made mundane managerial tasks easier and interesting with new tech tools.

Performance management software, an innovative software, automates employee performance and increases engagement of the workforce.

A study reveals that 58% of companies do not track performance automatically.

The pen and paper and excel models do not drive growth rather hold back the development of organizations.

Here are the top 5 benefits of performance management software  The other benefits include goals management, on-time completion of projects, and fair and transparent appraisal process.

360 degree feedback mechanism builds strong leadership skills, open culture, and development focused performance management system in an organization.

360 degree feedback enables peers, primary managers, subordinates, cross-functional managers and other stakeholders to comment on an employee’s performance.

The multi-rater feedback technique gains fresh momentum in the digitally transformed work areas and a modernized performance management system.

Some of the top benefits of 360 degree feedback system are as follows.

Transform your workplace with novel powerful strategies to sustain and thrive in the competitive business environment.

360 degree feedback is one such technique that leads you to the road of growth and development. 

Performance review mistakes are easy to make.

Avoid the most common errors while conducting performance reviews such as setting no clear standards specific to employee skills, bias error, tending to evaluate employees on an average.

Managers must set one-on-one meetings with each employee once or maybe twice a year.

Also, the manager must organize, prepare, and give performance reviews as a part of the employee development process.

But in vain, no one really looks forward to this valuable process.

In conclusion, do the performance review process in a structure and a valuable way to help your team and your business constantly improve.

Feedback has become an integral part of every performance process.

The 360 Degree feedback is a popular tool that is being used is various performance management processes.

The 360 Degree feedback mechanism enables feedback from multiple sources such as self, peers, managers, and external stakeholders on an employee’s performance.

Such a feedback mechanism helps employees gain an overall perspective on their performance. 

The old ways of thinking about it is.”- Anita BownessContinuous performance management systems are increasingly being adopted by many organizations.

But the word ‘management,’ I do not mean appraisal.

Performance appraisal is just a part of performance management.

Other than the evaluation process, the system includes continuous check-ins, 360 degree feedback, etc,.

Research proves that the continuous performance management system has a greater positive impact on the company’s growth and development.

Here are a few benefits of a continuous performance management process. 

We are not certain of when the vaccine will be found for COVID-19, but we sure have experimented and found the ways of how not to let your employees feel isolated.

The answer is Continuous check-ins.

Regular check-ins are also a new performance management technique that is being adopted by many companies, and the spread of continuous check-ins have been mandated with this coronavirus outbreak.Here are 4 benefits of continuous feedback.In this new age of remote working, continuous check-ins are not an option anymore but a necessary performance management strategy.

Every business focus on generating a higher revenue than the previous years.

The expected results are delayed because of the traditional methods of employee engagement and bureaucratic leadership.

The millennials, who are updated with the latest technology, are the employees, who expect modern simpler ways of performance management.

A lackadaisical approach should be disowned, and an agile methodology should be adapted to bring the best out of the employees.

The firms are already towards the updated employee performance management trends to retain their smart workforce.

The performance management trends in 2020 will be favoring the more employee-friendly methods: A reliable and copper-bottomed performance management system builds trust between the employer and the employees.

Happy employees determine the success level of an organization.

Employee Engagement and involvement have a great effect on the work done.

An organization should focus on workforce retention and development.

Gen Y and Gen Z who form the major part of the workforce possess a critical spirit and challenging minds.

And they are not satisfied with job security and good payroll but a sense of purpose and contribution.

The top five employee engagement trends to be followed in 2020: Engaged employees drive away the mundane work atmosphere and bring in fresh energy that motivates others.