Can You Pay People Without Rating Them? Reconciling Performance Management Trends and Compensation Realities
October 22, 2018 | SAP America
The field of performance management is experiencing a transformation. This transformation is focused on creating new methods that emphasize coaching dialogue instead of performance ratings, rewarding employees more informally and frequently, and being transparent about how staffing and pay decisions are made. These new methods are helping foster better relationships between employees and managers and enabling more fair and accurate decisions about talent. But for compensation professionals, these changes can be concerning as they can directly impact processes used to allocate pay and rewards.
Over the past decade, the field of performance management has undergone massive transformation. This transformation is driven by a need to create more agile, engaged workforces. It has been enabled by advances in cloud, social, and mobile ...
Join us for this podcast and discussion with Dr. Steven, Hunt, the Vice President of Human Capital Management Research at SAP SuccessFactors, as he explores the latest research on this topic, and how and what you can do to track social performance management.
People work in groups. Who we work with has a major impact on our performance. Yet most traditional performance management systems focus on individuals without considering how their performance is affected by other people. It is time to break ...