Download this free white paper and learn how technology and the Millennial generation are dramatically impacting the performance review process. There are 5 forces that are impacting performance management, including:
• Team Players. Today's workforce prefers a team-oriented approach. Learn how managers are responding with whole team solutions that promote employee engagement.
• Feedback Seekers. 80% of Millennials prefer to receive feedback in real-time. Today’s enterprises are implementing quicker and more frequent reviews to promote employee growth and happiness.
• Top Performers/Job Hoppers.On average, employees change their jobs every 4.6 years, but Millennials switch every 3 years. Given this increased turnover, companies are implementing new feedback and goal setting processes in order to retain the top performers who are most likely jump ship.
• Digital Masters. Millennials are digital masters who are accustomed to friendly and visually appealing technology. Today’s enterprise is deploying enterprise software that looks more like consumer applications to improve compliance and promote self-service.
• Globetrotters. Companies today are growing through international expansion and fielding a global workforce. Performance management solutions are adapting to this new reality.
Download this free white paper today to learn how to reinvent the performance review process and retain the next generation of top performers in your company.