HR TOOLS & TECHNOLOGY
NEXT GEN PERFORMANCE MANAGEMENT SYSTEM
Quercus App: The Next-gen Performance Management System.
Next Gen Performance Management System is touted to be the future of performance management. This stream of management is undergoing a major change with more and more businesses being shifted from yearly appraisal policies to this system. This system known as the ‘Next Generation Performance Management’ monitors and evaluated the performance of employees on an ongoing basis. As the performance management system has been about annual appraisals for decades now, many HR heads are still in doubt as to why a change in appraisal system is needed.
Employee engagement is becoming one of the biggest problems for the HR departments due to decreasing concentration span of employees, thanks to distractive media. In 2015, a U.S. Employee Engagement poll by Gallup Daily showed that only 32 percent U.S. employees were engaged at work. Major blogs have written innumerable articles for positive employee engagement at work. This sensitive topic remains a big issue for companies.
NECESSITY OF NEXT GEN PERFORMANCE MANAGEMENT SYSTEM