Employee Performance Management: Retain Top Talent, Improve Productivity, and Stay Competitive

Employee Performance Management Boot Camp Recording

Most HR professionals look forward to conducting annual performance reviews about as much as a trip to the dentist, and most employees aren’t sold on the concept either. In fact, 55 percent of employees don’t think performance reviews are the least bit accurate. So does that mean reviews are a thing of the past? Not necessarily.

As the economy improves, a solid strategy for feedback that is mutually beneficial to both you and your employees is still going to be the key to talent retention, a positive work environment, and the overall growth and productivity of your organization, especially when you’re managing employees from multiple generations.

A performance management plan can not only let your employees know how they’re doing, but are also a way to get feedback about how your organization is doing, if your employees are committed to your goals, what compensation expectations are, and what you can do to improve morale.

A performance appraisal process is crucial to your communication strategy, but it needs to be done continually – not just once a year. As more jobs become available and the importance of employee engagement becomes vital to keep your best employees around, the yearly review will evolve into a comprehensive framework for ongoing feedback between you and your employees that will keep your organization productive and moving forward.

Participate in this interactive, extended webinar, and you'll learn:

• The difference between performance management and performance appraisals
• What employees want from performance management
• Strategies to effectively communicate rewards across multiple generations
• The importance of performance management to incentive plans
• Ways to "pay for performance" when funds are limited
• The manager’s greatest tool to motivate stellar performance
• And much, much more

Boot Camp Schedule 
(All times below are Eastern – please adjust for your time zone.)

Session 1: 11:00 a.m. – 12:15 p.m. 
The Performance Appraisal is Dead! Long Live Performance Management! ! (Ronald M. Katz, SPHR)

Managers are continually expected to do more and more often with fewer and fewer resources. In order to get the best from their employees, managing performance throughout the year -- instead of just once during the annual review -- is key. You'll learn:

• Why the annual performance appraisal no longer works and what you should do instead
• The difference between performance management and performance appraisals
• How to optimize your performance management process - the key to ongoing performance management
• What employees want from performance management
• How to instill a performance culture in your organization to achieve superior organizational performance

Session 2: 12:15 p.m. – 1:30 p.m. 
Getting Your Multigenerational Workforce to Perform at Their Best Using Rewards and Recognition That Really Work (Sherri Elliott-Yeary)

Do you want to understand employees from all generations? Do you want to be better able to communicate effectively with members of your team so you can maximize their performance? Would you like to be able to lead and engage all members of all ages? If you’ve answered yes to any of these questions, this session is for you! You'll learn:

• What makes each of the four generations in today’s workplace so unique
• How to translate common generational phraseology
• What various generations of employees are trying to tell you about what they really want in terms of rewards and recognition
• Strategies to effectively communicate rewards across multiple generations
• Tips for leveraging various recognition tools to your advantage

Break: 1:30 p.m. - 2:00 p.m. 

Session 3: 2:00 p.m. - 3:15 p.m. 
Leveraging Your Performance Management and Compensation Systems for Improved Motivation and Results (Lisa Hunter)

In order to keep the organization competitive and moving forward, managers face the day-to-day challenge of getting the most from their employees. But even the best manager can't read minds, so ongoing communication, employee expectations, and daily feedback are all keys to aligning compensation and performance management. In this session, you'll learn:

• How performance is recognized in your compensation systems -- or is it?
• Ways to "pay for performance" when funds are limited
• The importance of performance management to incentive plans
• Strategies for setting great goals
• What happens when you get it wrong and how you can prevent this situation

Break: 3:15 p.m. - 3:30 p.m. 

Session 4: 3:30 p.m. - 4:45 p.m 
Successful Performance Management: Securing Manager Buy-In (Ronald M. Katz, SPHR)

Too many managers still think performance management is HR's responsibility. Getting managers on board as active participants in the process is crucial to maximizing organizational performance. In this session, you'll learn:

• A manager’s responsibility to manage performance
• How to manage performance without direct authority
• The benefits of managing performance everyday
• Tips to influence managers to become active participants in the process
• How to get employees to voluntarily give their discretionary effort
• The manager’s greatest tool to motivate stellar performance

Employee Performance Management: Retain Top Talent, Improve Productivity, and Stay Competitive

About Your Speakers:

Sherri Elliott-Yeary, SPHR, is the CEO of Optimance Workforce Strategies, which specializes in helping organizations overcome human resources challenges to unleash the performance potential of people, leaders, and organizations. Having seen so many workplace problems directly attributable to generation gaps, she also founded Gen InsYght, a human resources consulting company dedicated to helping clients effectively recruit, retain, and motivate the best talent from each generation. She brings to both businesses a wealth of experience and has served as a trusted advisor and human resources consultant to companies ranging from small startups to large international corporations.

Lisa L. Hunter is the founder of the Newport Consulting Group, Inc. a firm specializing in developing comprehensive compensation programs and enhancing organizational effectiveness. Ms. Hunter is a seasoned consultant with more than 30 years experience in the design and implementation of compensation programs, organizational planning and development, and human resource management. She advises clients on a broad range of issues, including total rewards strategy, executive compensation, linking compensation with business strategy, performance management, and organizational change. In addition to her work as a consultant, Ms. Hunter is the Program Director for The Conference Board’s Executive Compensation Management and Compensation Councils.

Ronald M. Katz, SPHR, president of Penguin HR Consulting, consults and trains in performance management, staffing, diversity, sexual harassment and fostering intergenerational harmony. He is an adjunct instructor with the Cornell University ILR School and has developed and delivered numerous programs for them. Prior to founding Penguin HR Consulting, Mr. Katz was a Vice-president of Employee Relations/Training for JPMorganChase. Mr. Katz is the author of "Someone's Gonna Get Hired...It Might As Well Be You!" as well as numerous articles that have appeared in Workforce, HR Magazine, Strategic Finance, and ERE.net. Since starting his own consulting firm he has consulted with some of the largest organizations in the world on human resource and management development issues.