Why Is It Important To Track Employee Performance?
When you manage a workplace, it’s important to have a good idea of how your employees are performing, what they are struggling with, what they are doing well, and how they are growing in their roles so you can properly reward good work and provide help and resources to those who might be struggling. Without taking the time to track employee performance, you might not realize that some of your workers are struggling with key tasks or leaving the company because they were not fairly compensated for their work.
“Employees are the most important asset in a company,” said Nancy Michieli, performance coach and manager of projects at Paton Engineers and Constructors. “Employee performance plans are less about tracking an employee’s performance and are more of an opportunity to develop the employee and provide quality feedback for their growth.”
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Benefits of tracking employee performance
From gleaning key information about your team members to increasing employee satisfaction, there are significant benefits of tracking your employees’ performance.
“When employees know that management is following their performance and behavior, and that authority keeps track of what they do with their time, employees manage to be more focused and less disturbed in their work, which increases the overall productivity of the business,” said Brack Nelson, marketing manager at Incrementors Web Solutions.