PeopleStreme Human Capital Blog Latest News and Research in Performance, Talent Management and Engagement

No career and low pay are the worst factors in PeopleStreme's global Employee Engagement benchmarks. Employees become disconnected because their workplace offers poor career progression or they are paid below what they think is fair. Employees believe they deserve more and withold doing their best work out of a sense of outrage, often covert. Their performance at work goes down and the employer has to hire more people to do the same work. Does this sound familiar ?

According to recent research, "procedural fairness," in an organisation leads to increased employee loyalty, even when the employee doesn't get the best deal for themselves. Human Capital Management systems provide fairer and more transparent people management capability to the management team and can therefore result in improved employee engagement. Research by Australia's Professor Pauline Stanton strongly suggests that increased employee engagement is a significant driver of employee performance. To get better employee performance, most businesses and organisations therefore need more transparent and fairer people management systems.

According to the Australian School of Business at University of New South Wales, employee productivity in Australia has increased only 0.4% per year since 2003. Source : The Productivity Riddle: What Policymakers Don't Know and Managers Need to Find Out Given that wages increase at an average of 2-4% per year, most businesses have a huge gap to make up in terms of moving from 0.4% productivity gain to an average 3% increase in salary expense. Performance Management systems drive employee productivity by helping managers to better communicate and track business performance KPI's and objectives, with their employees. PeopleStreme lists several case studies with productivity gains well in exces of 3% at Performance Management Case Studies

PeopleStreme had a strong turnout for the post conference Talent Management workshop. Delegates were able to network and explore best practice in Australian Public Sector Talent Management including : Identifying top talent, creating talent pools and building retention plans Managing risk and retention for an ageing workforce Employee engagement and how it correlates to organisation metrics such as absenteeism, employee turnover, lost time injury frequency rates Teaching public sector managers how to address ongoing talent management issues Our newly developed workshop has a highly interactive workshop format and was very well received with an average rating of 4.6/5 Thanks to all the participants for a very interactive, thought provoking session.

Come and see PeopleStreme's Employee Engagement V3. Workshop the links between employee engagement and your HR issues. Build a plan to connect employee engagement and your HR or business metrics. Use this plan to demonstrate the connections to your management and executive teams. We show you how to link employee engagement to issues such as : - Employee Turnover- Absenteeism- Lost time injury rate- Your other business metrics such as profit per employee. Contrast the outcomes you get from existing survey technologies with Employee Engagement V3. This workshop is limited to 20 seats. Reserve your place now. Date : Thursday 9 September 2010Time : 2pm to 4pmLocation : Melbourne (Sydney to be announced. Pre-register now. No webinar as workshops are highly interactive.)Format : Facilitated Workshop (Facilitators include organisational psychologist)Audience : HR Directors, Executives, Employee Engagement SpecialistsCost : Proudly Sponsored by PeopleStreme To reserve a seat, please call 1300 889 548 or email ora.diskin@peoplestreme.com