This week, the Compensation Daily Advisor discussed performance management, retention, and lessons from the Olympics. Here’s the Compensation Daily Advisor week in review.
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Performance Management: Do’s and Don’ts in the Real World—Performance appraisals should be a cooperative effort between an employee and a manager, but too often the performance appraisal can result in a confrontation. They offer this list of things you should do and those you should avoid in your performance appraisals:
10 Most Common Errors in Performance Rating—Rating errors are factors that mislead or blind us in the appraisal process. Armstrong warned that “appraisers must be on guard against anything that distorts reality, either favorably or unfavorably.” These are the 10 rating errors seen most often.
The 5 T’s of Recognition and Retention—Retention is a hot button issue as the economy recovers, says consultant Ronald Katz. It’s going to be a huge part of HR responsibilities.
Engagement? Retention? Train and Talk—Consultant Ron Katz offers a few more tips for retaining top performing employees.
Mind Over Matter: Lessons from the Olympics—See what BLR's CEO Dan Oswald had to say about mental toughness and Olympic athletes.
BLR’s Compensation Daily Advisor is a free daily source of compensation and benefits tips, news, and advice.