By: Natalie Trudel
A lot of focus is placed on streamlining and automating employee performance management processes. There are many reasons why this is the case – reduced administrative costs, decreased human error, effective archiving of past reviews, automated succession plans and compensation management ; however, one of the ultimate goals of automating talent management is the ability to report and analyze performance data. After all, analytics display results and are crucial for decision making.
Reporting and analysis can help you determine (among many other things):
• Which managers have a tendency to rate either too high or too low
• Who your top performers and high potentials are
• How many people are contributing to the overall goals of the organization
• What they’re doing as individuals to support those goals
• Who is above and below average in terms of performance
• Results between divisions, departments and positions
• Year over year employee performance trends and rating changes
Overall, there is a great power in the ability to efficiently generate accurate and timely reports and share them with different levels within the organization.
Proper employee performance reporting and analytics should be the backbone of many HR and company goals. It is no longer enough to rely on traditional, administrative HR reports to express the health of a company’s employee performance. In order to remain competitive, an organization must have clear insight into the status of their biggest investment – their talent. It might, however, be overwhelming to begin planning an effective employee performance and analytics strategy that will make the most of your automated system.
emPerform boasts one of the most powerful and flexible reporting tools on the talent management market. As such, we have a wealth of knowledge related to best-practice Employee Performance reporting and analytics.
Which reports to pull – See examples of which reports should be of interest to each level within your organization: HR, Executives, Management, Employees, and Company-wide.
Report frequency – Learn how often certain reports should be run and analyzed.
Sharing Reports – Learn how to properly present and deliver the reports to relevant parties.
Report Data – Learn tips for ensuring that your report data is accurate.
This webinar will be hosted by John Smith, Director of Enterprise Business Solutions at Corporate Renaissance Group – a global consulting firm. John has dabbled in every area of business from finance to HR and analytics technology. In this webinar, John will share his experiences with every level and department within an organization and show you which reports and analytics are of interest to each party.