“Survey shows that 22% of employees have called in sick rather than face a performance review”, they believe in avoiding the whole performance review process rather than facing it.
Many organizations surge to create a high performing culture, but it is very important to use the right performance measurement tool and process to measure the performance. Employee performance management is one of the most essential aspects for any organization as it helps to achieve the overall performance of the organizations. Performance management system is a systematic approach used to measure the performance of the employees. Millennial are highly dissatisfied with the traditional performance management methods and aspire to have modern methods of measuring performance and believe that this shift from traditional to modern method will help the employees perform better which will in-turn lead to overall organizational performance. A high performance culture is one that includes continuous improvement, instant feedback by measuring performance, aligning individual goals with organizational goals &consistently reaching the desired targets. Performance management tools act as a navigation tool to measure the performance and understand whether the organization is on a successful voyage or not. Performance management is an on-going journey and not one time destination to measure. To make an organization from “good” to “great place”it is important to build a link between people performance and organizational performance.