Performance Reviews and Performance Management in todays climate

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 A recent survey published in Personnel Today highlighted how HR strategy is changing in the current climate with 72% prioritising performance management in businesses where changes were being implemented.

Those organisations that were adapting to the new environment, had shifted their emphasis from recruitment to retention – despite the overwhelming talk of organisations shedding jobs, there is a real effort for many companies to ensure they manage their existing employee base to best effect whilst imposing a recruitment freeze.

This means effective performance management, performance reviews, regular feedback and a need to fully engage employees in order to maximise their contribution and retain them.

The need to identify talent within an organisation, and then to successfully manage, develop & retain that talent should always be a priority; the current situation has simply brought this more sharply into focus.

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