Today, organisations have realised that conventional annual performance management is incredibly ineffective for evaluating performance, costing them time and money while generating very little outcome. The classic annual performance review also lacks in painting an accurate picture of an employee’s everyday performance. Thus, several organisations are replacing the unproductive annual assessment with continuous performance management establishing a culture of ongoing, real-time feedback and discussions. With this process, an employee’s 360-degree feedback data is collected and is accessible to the managers throughout the year to spot and tackle skill-gaps immediately.
Modern workforce desires an authentic relationship between employees and managers. For this reason, organisations are adopting smarter performance management software to assist managers and employees to collaboratively map out career trajectories, and provide the coaching and mentoring for optimum performance and productivity.
To improve their ability to lead their employees and help them with issues such as productivity, organisations are also adopting people analytics. This is highly useful when organisations want to tackle issues such as diversity and pay equity. People analytics is mainly fuelled by AI and robotics— serving as an HR helpmate for identifying and interacting with recruiting candidates and helping employees explore career options.
At this juncture, many cutting-edge assessment solution providers are entering the domain with advanced and integrated offerings. To help the HR sector strengthen its operational capabilities and simultaneously enable growth in the industry, HR Tech Outlook has compiled this edition. The list comprises prominent organisations that are addressing issues pertinent to the HR sector by implementing current trends. Besides, the magazine also includes insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CIOs.
We present to you HR Tech Outlook’s, “Top 5 Assessment Solution Providers in UK – 2020.”