When it comes to performance, candor carries the day, says Jack Welch, famed ex-CEO of GE. If you perform well on your review, you get a raise. If you perform poorly, you get yanked. This frank approach was the inspiration for GE’s annual review system, often called “rank and yank” for being so systematic, and oftentimes, brutal.
Assessing candidates and employees objectively based on skills not only helps companies fill positions to achieve business results, it extends fairness in the workplace that can end gender, diversity and inclusion, and pay equity gaps. Setting aside bias with a purely objective, data-driven comparison of skills helps everyone.
The talent shortage shows no sign of abating. New research from IBM Smarter Workforce Institute found that over half (51%) of all HR professionals say they are struggling to fill open jobs some of the time and over one third (35%) state they ‘very often or always’ experience difficulty filling positions.
Improving employee engagement is a critical challenge that companies face but with the right processes in place the results are achievable. In this infographic, join the expedition of Mission: Employee Engagement and learn how to launch a successful career pathing initiative as quickly and efficiently as possible. Prepare for launch!
Career pathing programs not only boost employee engagement but when implemented effectively, they’re also drivers of organizational success.
Creating a Career Pathing Program Employees Want to Use Employees value growth and development in their careers, and career paths are one of the most effective ways to support employee goals and increase retention. However, while 70 percent of employees will leave their jobs if they perceive a lack of development, many companies still don’t…
Career development is crucial to a positive employee experience. Today’s employees crave new challenges and learning opportunities. Read more to learn…
Career pathing programs offer substantial benefits for employees but are not always available. Here’s five ways to encourage career pathing.
Known for its wandering eye, the Millennial generation presents a definite problem for employers who want to attract and retain the era’s best and brightest minds. Learn how to retain the largest generation of workers with career pathing.
Technology is accelerating at an unprecedented rate, and many companies are struggling to keep up. Learn how employers can best develop their IT talent.