5 Delightful Rewards and Recognition Ideas

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? Through rewards and recognition. 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.

Major Benefits of Continuous Feedback

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.

12 Delightful Benefits of Continuous Performance Management System

“Performance management isn’t dead. The old ways of thinking about it is.”

- Anita Bowness

Continuous 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.

Top 10 Benefits of using OKRs

Objectives and Key Results (OKR) is a powerful goal-setting framework that can help you achieve even your stretch objectives. Objectives focus the efforts of all your employees on a common goal i.e, it tells your workforce what to do. Key Results help your company to measure the progress toward the objective. Global organizations like Google, Intel, Twitter, LinkedIn leverage OKR to realize their one major goal that changes the course of the companies.

Here are 10 benefits of OKRs

Productivity is also increased as employees put in more hard work to achieve their key results. Objectives and Key Results (OKRs) can work miracles. Synergita, cloud-based performance management and engagement software, has launched its new product ‘My OKR’ that can help you to set OKRs easily.

Major 10 Benefits of Performance Management System

How to thrive in these unpredictable times? This is the most haunting question for many employers and superiors. The answer is, your employees. If you inspire them in the right way, they will help you battle any storm, be it COVID-19 or recession. They are the frontline people who are close to your customers. Therefore, If they are satisfied and happy, your customers and clients will be happy too. Choose effective performance management software to manage and engage your workforce. Synergita, a cloud-based performance management software, has the following benefits.

4 Benefits of Continuous Feedback

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.

5 Key Features of Goal Management

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.