Selecting the Right Employee Performance Management (epm) System
Abundant evidence reported by such large consulting firms as Hewitt, Watson Wyatt, and Towers Perrin demonstrates that quality employee performance management significantly raises productivity, profitability, employee engagement, and company valuation.
At the same time, analysts caution that not all EPM software investments prove successful. Real return on investment (ROI) follows when your best and poorest performers can be accurately differentiated and given the appropriate developmental opportunities and training, when you can align employee performance goals with company strategy, and when you can use performance data to strategically plan talent resources for the future. For those reasons, a performance management system must meet some key criteria to measurably improve your organization's performance.
This document provides a step-by-step framework to help you sort through the sometimes overwhelming EPM software options in our constantly changing market.
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Related Tags: lms, talent management solutions, performance management, learnig management system, compliance training
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