8 Ways to Write Effective Employee Performance Reviews
Performance review methods differ from organization to organization, but the basic principles of how to properly communicate with an employee about his or her performance remain the same.
4 Types of Budget Rewards to Engage and Motivate Employees
What’s the greatest motivator for employees? Most people would answer money. Yes; bonuses are motivating. They show that you really appreciate the engagement and input of your employees.
Measuring hospitality performance with KPIs
Restaurants, cafes and such other service businesses from the hospitality industry have grown over the past few years tremendously. The likes of Starbucks, Gloria Jean’s have sprouted everywhere, but they have done so by building their companies with different strategies.
Practitioner Interview: Tor Inge Vasshus
In 2018, the Performance Magazine editorial team interviewed Tor Inge Vasshus, Founder and CEO at Corporater, Norway. His thoughts and views on Performance Management are presented in detail below.
Performance management, to me, is everything, in a way. It is my life. It is about identifying where we are, and where we want to go.
KPI of the Day – Accounting: % Adjusted trial rate
Definition
Adjusts the initially estimated trial rates by integrating consumer product awareness and all commodity volume distributions.
