Why continuous feedback of employee is necessary for performance management?
Management

Why continuous feedback of employee is necessary for performance management?

Importance of employee well-being

The Importance of Employee Well Being and How to Boost It

The concept of a good workplace has been a part of our office culture for decades, but many business owners still don’t know all that it entails or why it is so important. The term well can refer to many different aspects of a person. It can involve emotional wellness, physical wellness, and an overall feeling of engagement and happiness that comes from working in a career that is fulfilling.

Putting a focus on the well-being of your team will pay dividends many times over. Its important to have a plan in place to encourage and support your employees on many levels. Its also vital to recognize them for their unique contributions to your success.

Why Employee Well Being is Vital to Your Success

A recent survey showed that the more employees felt appreciated at work, the better they felt about other aspects of their lives such as health and relationships. Clearly, there is a connection between a supportive workplace and a happy employee.

Well Employees Are Engaged Employees

Employees who have emotional and physical health are more likely to be committed to their jobs. Because they feel supported and appreciated by their employers, they are more willing to go that extra mile, knowing their efforts will be rewarded. Those who are healthy physically and emotionally are also better equipped to handle the stresses of client demands and deadlines. This allows them to be more productive and add to a positive overall work environment.

Healthy Employees Miss Less Time

When employees are struggling with emotional or physical issues, they call in sick more often. Even when they are in the office, they probably are not working at their most productive level. When you focus on keeping employees healthy, you can expect fewer missed days of work and harder working team members who put full effort into their projects. This saves you money in the long run, even if you do have to implement some tools for your wellness program that come with a cost.

Benefits of regular feedback of employees

There should be regular feedback and it comes it should accompany with regular coaching. A large part of Human Resources (HR) is ensuring that a company runs smoothly at all times. Since there are a lot of working parts in any single company, there is also a lot that needs to be addressed, kept track of, and engaged with for prime performance results. Your employees are what keeps the company going, but HR keeps the employees performing to the best of their ability. But, how can you do that?

One of the most effective and lucrative ways is through frequent performance feedback. Providing employees with feedback about their work performance can only have positive results, which is why its so important to incorporate frequent performance feedback as part of how you run your business. In fact, performance feedback should really begin during the on boarding process. Meaning that from the get-go, your potential and established employees always know what they’re doing well, where they can approve, and how they can improve. Below you’ll find the why, how, and various benefits of providing your employees with frequent feedback on their work performance.

How Does Performance Feedback Help Employees Grow?

If you’ve ever done a task in an inefficient way, you can probably remember how good it felt to learn a new, more efficient way of doing it that saved you both time and stress. Now imagine having employees who are great at what they do, but are lacking in some areas. They could improve these areas with just a little feedback and direction, and you can provide it!

Once the feedback is given and the employee learns how they can do their job smarter, better, and even faster, they will often exhibit happiness at finding a better, more efficient way of doing things. Of course, this is the cycle of performance feedback. You find where your employees are lacking, taking too much time, or using too many resources such as money and supplies, and find ways to streamline their work so that is better all around. When the employee begins their new, streamlined practice, they will then improve their work performance, which in turn improves the company.

Performance feedback helps employees grow because it trains them in effectively corresponding with their managers, following directions, and thinking critically. Each of these skill sets helps the employee become a little better at their job, making the whole operation better as well. If your employees don’t know where they are lacking, where they can improve, what they’re doing well, or what they should start/stop doing all together, how will they ever grow? Performance feedback sparks growth by bringing awareness that leads to action, which leads to positive change.

Encourage the employees to improve performance step-by-step by giving continuous coaching/training

The first step in any effort to improve employee performance is counseling or coaching. Counseling or coaching is part of the day-to-day interaction between a supervisor and an employee who reports to her, or an HR professional and line managers. Coaching often provides positive feedback about employee contributions. Employees need to know when they are effective contributors. The policy should be more human rather than subjecting employees to impossible targets. We should be encouraged to improve performance step-by-step. Buy more focus and by enjoying the job that is given to them.

Coaching is a different approach to developing employees’ potential. With coaching, you provide your staff the opportunity to grow and achieve optimal performance through consistent feedback, counseling and mentoring. Rather than relying solely on a review schedule, you can support employees along the path to meeting their goals. Done in the right way, coaching is perceived as a road map for success and a benefit. Done incorrectly and employees may feel berated, unappreciated, even punished.

How to make employs more effective.

Image result for How to make employees more effective.

Regular coaching brings performance issues to an employee’s attention when they are minor. Your coaching feedback assists the employee to correct these issues before they become significant detraction from her performance.

The goal of performance coaching is not to make the employee feel bad, nor is it provided to show how much the HR professional or manager know. The goal of coaching is to work with the employee to solve performance problems and to improve the work of the employee, the team, and the department.

Employees who respond positively to coaching and improve their performance can become valued contributors to the success of the business. Employees who fail to improve will find themselves placed on a formal performance improvement plan, known as a PIP. This sets up a formal process wherein the manager meets regularly with the under performing employee to provide coaching and feedback.

At the meetings, they also evaluate how well the employee is performing in achieving the performance goals that were enumerated in the PIP. Generally, by the time an employee has received a PIP, Human Resources staff are significantly involved in both the meetings and in the review of the employee’s progress and performance.

Impact of Artificial intelligence in Employees

Image result for Impact of Artificial intelligence in Employees

A Brief History of AI

First coined in 1956 by John McCarthy,artificial intelligence (AI)was described as machines that can perform tasks that are characteristic of human intelligence. In 1959, Arthur Samuel defined AI as the ability to learn without being explicitly programmed. In 1966, the first AI Chatbot,ELIZA, was born.

Today, we are seeing artificial intelligence seep into the workplace and our daily lives as tools that augment tasks and streamline monotonous labor, from the estimated arrival time and pricing of your Uber ride, to your recommendations on Spotify and Amazon, to more complex interactions in customer service.

Artificial Intelligence in Corporate Training

Image result for Impact of Artificial intelligence in Employees

Artificial intelligence (AI) has made a big splash in the training industry. From automating certain administrative tasks to enabling adaptive learning platforms that provide truly personalized learning, the applications have been numerous and exciting.

AI is improving corporate training and development immensely. AI is helping companies improve their teaching practices and the way their employees learn. Corporate training and development are becoming vastly better as AI evolves and offers users more personalized experiences.

The way companies approach corporate training is evolving all the time and constantly getting better. With the evolution of AI, companies are starting to implement this technology into their training measures. AI has made data interpreting and learning customer actions easier but many companies are beginning to realize the benefits of AI in the training world.

Thanks for reading!

 

Leave a Reply

Your email address will not be published. Required fields are marked *