Employee Productivity & Performance

Yesterday, during a sales call when I was stressing on our improved performance management system, there was an interesting question from my client : How much does performance management of talent has a role to play in productivity and attrition?

I found shelter in the Aberdeen's benchmark report entitled "Enhancing Operational Results with Employee Performance Management.

The report says that the primary pressure driving employee performance management was the need to improve overall company performance (57%), followed closely by employee productivity (46%).

The pressures driving organizations to pursue employee performance management in 2008have shifted and reflect the stifling realities associated with the global shortage of labor and talent. Though workforce productivity still remains a Top 2 driving force cited by 27% of more than 900 organizations surveyed in Aberdeen study, the primary pressures revolve around insufficient talent pipelines, the loss of top talent to competitors, and a diverse workforce with varying needs and expectations.

Sounds familiar ??