Companies with Continuous Performance Management Outperform Competitors at +24% Rate
2019-2020 Betterworks Survey Report
Every company must transform how they organize, align and develop their human capital in order to remain competitive long-term. Forward-thinking businesses have turned to Continuous Performance Management to meet these needs.
Betterworks’ 2019-2020 State of Continuous Performance Management Survey found that overwhelmingly, organizations with continuous performance programs saw better results for their businesses. In fact, they reported outperforming or significantly outperforming their competition at a 24% higher rate.
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Compared to enterprises that still rely on traditional performance management techniques, these companies also reported significant improvements in their ability to:
- Increase productivity throughout the company (66% vs 35%, +88%)
- Motivate the entire workforce (65% vs 35%, +85%)
- Ensure enterprise agility (47% vs 27%, +74%)
- Increase performance from all employees (58% vs 35%, +66%)
- Ensure the company meets its goals (64% vs 39%, +64%)
Get your free copy of the research report to learn why HR teams that have implemented a continuous performance model report being nearly 50% more satisfied with their performance management.
What is Betterworks®?
The Betterworks® continuous performance management platform makes it easy for employees to set goals and give ongoing feedback. The simple user interface seamlessly connects every aspect of your performance process — without adding more work to anyone's plate.
Schedule frequent check-ins so your managers can become better coaches
Easily exchange peer-to-peer and manager feedback in real time
Set goals to drive more effective performance and career development
Call attention to high performance and employees demonstrating key values
Become data-driven with rich insights into employee performance