February 21, 2014 at 7:54 PM
Westfield New Zealand partnered with PeopleStreme in 2009 to implement a Human Capital Management System, supporting their performance reviews, employee feedback and management visibility among other things.
Through their Performance Management system, Westfield NZ employees were able to align their personal objectives to the goals of the business;
“Embedding the system into the working culture at Westfield has most certainly proven to improve employee alignment and focus, whilst also improving organisation wide visibility and reporting.”
With these business benefits of moving from a paper-based appraisal process to an online performance management solution already apparent, Westfield NZ sought to maintain the efficiency and effectiveness of the system over time.
Request the full case study here.
October 18, 2013 at 12:58 AM
PeopleStreme have today released a whitepaper on Performance Management: A link to Employee Engagement.
The links between Performance Management, Engagement & Employee Retention are well documented but not necessarily well understood.
A correctly implemented Performance Management System drives Employee Engagement and Retention and helps everyone to execute their roles much more effectively.
Read our Whitepaper here
November 9, 2012 at 1:55 AM
PeopleStreme has released a Case Study by Zoo's Victoria on Improved Alignment and Strategy Execution using PeopleStreme's Performance Management software. [More]
August 24, 2012 at 8:11 PM
Credit Union Australia, Australia's sixth largest bank, provides a candid interview to HC Online TV, of their performance management process. To view the interview please click here.
June 28, 2012 at 11:13 PM
PeopleStreme has made available a case study from Chamber of Commerce and Industry of Western Australia (CCIWA). CCIWA measures Employee Engagement regularly and has discovered that implementing an effective Performance Management system also drives Employee Engagement. This happens because employees are much more clear about what is expected of them, understand how they are personally linked to the organisation strategy and have a forum for their own personal development.
June 1, 2012 at 10:41 PM
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 ?
May 17, 2012 at 1:57 AM
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.
May 9, 2012 at 11:11 PM
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
May 1, 2012 at 8:17 PM
Performance Management case studies have been released on our website for Mercedes Benz and South Australian Lotteries at http://www.peoplestreme.com/human-capital-case-studies.shtml
March 1, 2012 at 8:00 PM
PeopleStreme has signed a Partner Agreement with leading Swedish Talent Management consulting firm greenbullet. The companies have established a Swedish language version of PeopleStreme's world class Human Capital Management suite of online software. The burgeoning HCM market in Sweden is driving demand for solutions to deal with employee performance, alignment with business strategy, succession planning, learning and development systems, employee engagement and recruitment, all fully integrated modules within the PeopleStreme suite of Human Capital product suite.