Performance appraisals may be time-consuming and something few people enjoy,
but they are worth the effort from a legal and a human resources perspective,
according to Tom Makris, an employment attorney with Pillsbury Winthrop Shaw
Pittman, and Rhoma Young of the HR consulting firm Rhoma Young
& Associates.
Performance management systems, which are designed to help low-performing employees
improve, often don’t work, according to a recent survey of U.S. workers
asked by Watson Wyatt.
The unintended and largely unrecognized costs associated with irregular schedules, night shifts
and extended hours are eroding the profits of American businesses by $206 billion
annually, or approximately $8,600 per extended-hours employee, according to
a new study.
Employee confidence fell last month, as employees expressed increasing concerns about the prospects for their company in the coming year, according to the Gallup/UBS Employee Outlook Index.
Recent corporate strategy shifts have left many employees confused about the link between their jobs and company objectives, making recovery efforts more difficult for companies, a new survey reveals.
The Labor Department reported Thursday that productivity, the amount of output per hour of work, rose at an annual rate of 1.5 percent in the April-June quarter, based on revised figures.
The unexpected surge in productivity may have its roots in a corporate strategy of targeting and eliminating under-performing employees with unprecedented swiftness, according to the outplacement firm Challenger, Gray & Christmas Inc.
