Monthly Archives: July 2021

Benefit of Effective Permormance Management Plan

Experts believe that companies with an ongoing performance management process get better results than those that just have check-ins with management or human resources each year, since they can more easily root out what’s not working and double down on what is.

With periodic meetings with management, employees benefit from a continual push to progress, rather than a sudden rush to meet objectives once their review rolls around. Removing that scramble can yield drastically more positive outcomes for employees, managers and organizations.

Once implemented, an effective performance management plan has these benefits for employees, managers and organizations:

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Improved communication: With regular check-ins from managers, employees are encouraged to communicate more freely about the company’s objectives and their performance goals.

Well-defined rules: With a better understanding of how they will be evaluated moving forward, employees and their managers can gauge how they’re doing without waiting for the next review.

Reduced stress: Everyone wants to be a good employee. Without feeling like they must try to impress a higher-up all the time, employees can focus on the task at hand. Meanwhile, managers are less likely to worry about offending underperforming employees.

How to Promote Your Event

If people don’t know about your event, no one will show up, so it’s imperative to find creative ways to get the word out. For a small event with a limited guest list, you can simply send out invitations, but you need to be bolder for larger events.

“In today’s digital age, a variety of promotional methods are required to generate attendance,” said Barnes. “We typically start by emailing our database, placing ads in industry newsletters, adding our event to industry listings and directories, and encouraging our sales teams to promote [our conference] when visiting clients or partners onsite.”

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From there, you can promote on social media and have your team spread the word. Create an event website or, at a minimum, a new landing page on your current site. Your social media marketing can also include promo videos, guest blog posts, and Facebook, Instagram or Twitter updates. Maintain uniformity by using the same handle and hashtag across platforms and consistent messaging so it’s always clear that the buzz is about one particular event.

You can also explore possible sponsorship opportunities for your event. Sponsors can fund a portion of the event, which helps you defray the costs. More importantly, sponsors have a vested interest in promoting your affair. Brainstorm a list of ideal sponsors whose brand, mission or services complement your event in some way. You can develop a range of sponsorship packages and reach out to them about potential partnership opportunities. This works best if you focus your pitch to highlight the value of attendees to potential sponsors.

Know More The Benefits of Timesheets

Other benefits of timesheets include: Easier payroll processing. The more employees you have, the harder it can be to remember how many hours each one worked per week https://www.harrysbarvenezia.com. And if you pay an employee for less time than they actually worked, you may appear to be stealing wages. Since timesheets make employees’ total number of hours worked readily available, they eliminate many payroll processing challenges.

Transparent internal practices. By having all of your employees use timesheets, you can address a common employee concern that some team members work less and get paid more. By using time and attendance software, your team knows that everyone is following the same rules and that hours are being monitored.

Transparent client billing. If you bill your clients by the hour, there’s always a chance that one of your clients will question the total amount you charged. With your timesheet handy, you can prove that you indeed worked the amount of time for which you’re billing the client. Payment should then (hopefully) be right around the corner.

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Better project management. Timesheets help you better track and manage projects in two key areas. One, timesheets indicate how much time certain tasks require, and you can factor this time into future projects. Two, timesheets show which employees take the least time to perform high-quality work. As a result, you know which employees you should assign for your highest-priority projects.

Workplace efficiency. By identifying your most productive employees, you can improve the speed and efficiency of your operations. You can also save money, since employees who work faster can take on more projects.

Timesheets benefit you, your employees and your clients. They improve the accuracy of your payroll; they implement a transparent, equitable system for employees in tracking the number of hours worked; and they provide data that helps you manage client billing and project management more easily and accurately.