The consensus is in and performance evaluations are underperforming. This is not to say that the go-to method for employee advancement has become completely useless, but performance evaluations don't give employers all the tools they need to help employees and their companies succeed. Claims such as these are somewhat surprising since for decades performance evaluations have been the backbone of the HR department.
There is no shortage of content on the web espousing predictions about how Artificial Intelligence will re-shape the workplace and our societies as a whole in the coming years. You would be hard pressed to find many businesses that didn’t adopt their operating practices with the emergence of desktop computing, the Internet or mobile services. The same will likely be true with A.I. The impact and rate of change will vary greatly by industry, but it will be odd to find many who sidestep changes completely. It can be argued that A.I is already making an observable impact on HR practices.
Attracting and recruiting talent. Such an important function. Many companies spend a considerable portion of their human resources budget in anticipation of recruitment activities. But recruiting is only half the equation in staffing.
6 HR KPIs
If you listen closely enough, your data will tell you a story. Quality data, well used, can transform your company’s bottom line. This is true for data collected during marketing, sales and social media efforts, but it is also true for data gathered by the human resources department.
Why Your Business Needs a Social Media Policy
Almost every workplace has policies that guide employees with regards to vacation time, sexual harassment and health care benefits, just to name a few. However, according to a recent study conducted by the Pew Research Center, 51% of employees reported having no social media policy at their places of work.