by Dr. Di Ann Sanchez | Dec 13, 2015 | Talent Management
Why do Millennials hate the performance review system?
The short answer is lack of explanation of the company process and no follow through with the elements required to make the process successful!
In order to actually motivate Millennial employees to perform their best, a performance management system should be timely and tied closely to organizational and personal goals. Timeliness to Millennials means daily or weekly meetings with their manager to stay continually on the same page. Those meetings should include career development discussions.
Here are 5 of the biggest mistakes employers make with the Performance Management Process and the Millennial employees!
- Not Giving the Millennial Employees Timely Feedback
If the only time a Millennial hears how s/he is performing is once per year, there are bound to be surprises to the employee. Many managers use the existence of a performance management system as an excuse to delay giving feedback until the formal review period. Once a year or even semi-annual feedback is a Millennial disaster. In other words, there should be no surprises at that time if the Millennial employees are given feedback at appropriate times throughout the year.
by Dr. Di Ann Sanchez | Oct 26, 2015 | Human Resources, Talent Management
Managers that treat employees poorly. Poor management is often cited as a cause of morale issues, and it can take many forms. Moving the goalpost. Employees will be understandably frustrated if their goals are continually changing—especially if this happens before the...
by Dr. Di Ann Sanchez | Oct 15, 2015 | Human Resources, Talent Management
Are you as an employer addressing psychological work injuries? Psychiatric stress cases can be expensive and difficult to prove or disprove. Psychiatric stress can cost employers a lot of money such as providing treatment, evaluation, compensation and lost...
by Dr. Di Ann Sanchez | Sep 28, 2015 | Human Resources, Talent Management
Newly released results from World at Work 2015-2016 Salary Budget Survey says that employers are using market-based increases. Salary Budgets will rise 3.1% for 2016 according to the World at Work survey.The survey shows employers continue to differentiate pay...
by Dr. Di Ann Sanchez | Jul 20, 2015 | Human Resources, Talent Management
The millennial generation has been the most studied cohort to date because of the massive demographic of that generation. Clearly the Millennial generation will redefine the workplace and demand very different 21st century practices. Organizations should understand...
