A next generation performance management solution is clearly needed by employees and employers alike, according to the results of a new Taleo study conducted online by Harris Interactive of 2,416 adult Americans.
Here are just a few of the key findings:
Only 12% of full and part-time workers say that their employers give them a career path plan.
43% of respondents employed full/part-time said opportunities for advancement are a key motivator.
The top reasons currently employed respondents cited as having voluntarily left jobs were pay that wasnt competitive (35%) and a lack of growth opportunities (34%).
57% of those employed full/part-time say that they have never had a performance review or said it was neutral to not useful.
Only 27% of employees who have ever had a performance review considered their most recent one to be extremely useful.
As has been the theme of many blog postings, successful talent management requires a unified, integrated approach encompassing internal mobility, talent acquisition, onboarding, performance management, career planning, succession planning, goals management, and insightful talent management reporting.
Today, Taleo released a new performance management solution called Taleo Performance that runs on our leading talent management platform. What makes it different? Its uniquely designed to transform the way you align, develop, and motivate talent. It delivers intuitive usability for viral adoption, productivity and social networking tool integration, and a common talent acquisition and performance database. That powerful combination makes it a timely and important solution to achieve a new level of business performance: Performance 2.0.
Check out Taleos approach to driving your organizations business performance instead of tolerating employee dissatisfaction, and get more information on the survey results and methodology.
