Performance Reviews and some of the Biggest HR Trends that affect it

BENGALURU, India - April 10, 2017 - PRLog -- As HR leaders have started to take a much more strategic role in organizations, one of their most important task- Performance Reviews- has taken center stage. Performance reviews are done by HR managers to assess performance of employees in a specific period. Employees are assessed based on goals set and achievements.

As the entire world has moved onto a new year, so have the systems which were in place for the past few years. The older annual performance review systems are being discarded now, for better and more efficient alternatives. With this change, HR teams in organizations are seeing a shift in performance management systems, and will be dealing with more data collection and analysis.

A trend that is catching up with this is the realization that creation of cultural and ethical values does not help if imbibed in just the organizational level; it also requires taking inputs from employees. Companies should find a way to get honest feedback from employees to learn more about the reigning company culture.

Another important task of HR managers is managing the pay of the workforce. There are a lot of questions raised due to the fact that organizations are now starting to leave behind the traditional annual performance review systems. Thereby resulting in organizations being able to select an option, amongst various others, according to their requirements.

Moving into the era of millennials, HR needs to shift to more advanced systems from traditional systems. As the workforce now consists of a more enthusiastic and younger staff, the feedback will shift towards a more self- driven questioning.

With such shifts in HR trends, the organizational and employee benefits have improved majorly. With improvisations like modern performance management systems, separating the pay and performance factors, and most importantly, improvised feedback, the organization can function much smoother than ever before.

About PeopleWorks: PeopleWorks is a technology company offering its immensely successful flagship product PeopleWorks HCM, a trendsetter in the HRM Automation segment. Headquartered in Bengaluru, PeopleWorks is the coming together of excellence in HR Management, Technology and Business Growth.  Armed with an in-depth experience in HR Management and Market Leadership in for over a decade, our large customer base is testimony to the benchmark we have set in the industry.

PeopleWorks has an enviable pedigree of visionary leadership, an innovative HR Technology team and a robust customer service philosophy. The software was born out of a single vision of enabling businesses (both large and small) with a simple, effective and relevant HR management solution. The objective is to support the people management function in organizations, so that employees can emerge as an inspired workforce for collaborative business success.

For further information please contact:

Mr. Vaishakh Kelkar – Chief Operating Officer, PeopleWorks

Author Bio: An MBA in Marketing Management and a 20 year career in sales & marketing, business development, brand building & advertising, has given Vaishakh a 360 degree view of business which helps him in keeping company goals front and centre, while at the same time understanding details of day-to-day operations.

Having worked in Polaris, TCS and Leo Burnett India, Vaishakh as COO brings with him a breadth of experience and a strategic focus. With his ability to think out of the box and a successful record of building motivated and effective teams, the company's growth has been phenomenal.

Mobile: +91 9916214888

Email: vaishakh.kelkar@peopleworks.in

Website: https://www.peopleworks.in/