HRMantra saves 30 min per emp per day giving over 10 times ROI
Tuesday, March 3, 2015
Monday, March 2, 2015
HRMantra -benifits for your organization
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Still looking for differences?….why even think of a half baked solution from others having dangerous limitations. Keep yourself secured by buying a fully web based, scalable and fully parameterised world class HRMantrasoftware which gives you savings over 10 times it cost. You are going to be buying such an HR software just once for your company across the country and thus it is very critical that you opt for the most comprehensive and user friendly HR, Payroll and administration management software. If you do not want to opt for modules like payroll or PMS immediately you can do so as it is modular in nature-you cal always add such modules later on if required. In case you buy a featureless HR software, you will not be able to tell the management later on, that you took such a HR software just to save couple of lakhs of rupees because the management will expect the entire HR & Payroll department automation for faster decision making.
Outsource all your HR & Payroll software requirements to HRMantra and your HR department focus on transformation activities like increasing employee morale, solving employee grievances to reduce attrition, employer brand building, introducing transparency to fasten business decision making and satisfying your internal clients-your employees-which are one of the 3 most important stakeholders of your firm for its growth. So why become a guinea pig buying featureless packages. Be right the first time by buying HRMantra and get peace of mind.
Sunday, March 1, 2015
Employee Performance Ranking – What You Need to Know
As a society, we have been conditioned to reward based on a bell curve. Starting in secondary education and continuing into adulthood, it has been a long-standing belief that human performance follows a normal distribution: few high performers, few low performers, and the majority sitting on the average.
Recent research, however, shows that business practices based on the bell curve are counter productive. In actuality, unless your hiring practice involves using random selection, their performance will not fall perfectly on a normal distribution. Rather, it will follow a long tail distribution.
Josh Bersin, in The Myth of the Bell Curve, argues that performance falls into the Power Law distribution. This suggests that there will always be a small number of ‘hyper high performers’, and a large majority of ‘good performers,’ and a small number of ‘low performers.’ In other words, most people will fall below the mean and only a small number of ‘hyper high performers’ will be above mean. This suggests that the concept of an average is fundamentally irrelevant in the context of employee performance.
Recommended for YouWebcast: A Week in the Life of an Agile Creative TeamNevertheless, there are many organizations that structures their incentive programs based on the normal distribution. For instance, employers may choose to ‘grade’ their employees by five performance levels: A, B, C, D, and F.
Unknowing to them, this system is damaging to employees.
In truth, the majority of your team actually consists of ‘good performers,’ and when you are forcing them into the bell curve, you are inaccurately relabeling them as ‘below average performers.’ The bell curve will also require you to create a class of ‘losers’ that are in the bottom 10%, who may actually not be deserving of that label at all.
Despite good intentions, ranking based on a normal distribution is counterproductive. If you didn’t agree with the bell curve system in school, what makes you think your employees would like it?
The fact is, grading employees’ year worth of work on a five point scale is demeaning. Moreover, it causes your ‘B and C performers’ to feel under-appreciated. Bersin also claims that this model rewards mediocrity because your mid level performers will give up trying, if only a small select number of people will be ‘A performers.’
So what is the right way to motivate your employees?
Classic managerial literature says invest in top performers and cut out the lowest performers. That leaves us to thinking, what about the middle 80 percent? How do you push your good performers to become hyper performers? George Bradt argues in How to Motivate the Middle 80 Percent, that the best way to motivate the majority is to create short bursts of contests where everyone has the equal opportunity and ability to win.
When you are creating a contest that rewards only the same hyper performers, you are not motivating anyone. Your hyper performers would have won without the contest. Winning contests is great but their commissions and bonuses have already motivated them. On the other hand, the contest may have motivated your good performers at one point but it failed to have a persisting impact when they concluded that they did not have the chance to win.
To avoid wasting resources and furthering employee discouragement, design a contest that gives everyone the optimism that they can win. Don’t just focus on results. Measure a variety of metrics and provide your employees multiple ways to win. Include ‘activity metrics’ such as number of completed visits, number of missed visits, or number of clients visited. To avoid losing your employee’s attention, reset the contest every 30 to 60 days and update results frequently. Lastly, while an all expenses paid vacation to Hawaii would be a great prize, you should not be spending big portions of your budget on these contests. Small, meaningful prizes like gift cards, movie tickets, or allowing them to bring their pets to work can make your employees feel appreciated.
Wednesday, February 25, 2015
hrmantra
http:www.hrmantra.com
http:www.hrmantra.com
World's Most Powerful HR & Payroll Software
HRMantra saves 30 min per emp per day giving over 10 times ROI
Award winner of excellence in HCM
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