OTTAWA, June 22, 2012 /CNW/ - Almost all Canadian organizations have
performance management systems and appraisals, but they are far from
convinced that their employee evaluations are effective. A Conference
Board of Canada report, Performance Management: Turning Individual Stress to Organizational
Strategy, looks at current practices in Canadian organizations and offers tips
to help employers and employees to improve their performance management
processes. A Conference Board webinar on the topic takes place Tuesday, June. 26.
"Performance appraisals can be stressful and few employees cringe more
than the manager that needs to deliver the appraisal," said Nicole
Stewart, Research Associate and author of the report. "Organizations
make substantial investments—in both time and money—in their
performance management systems, yet less than half are confident their
systems are effective. Organizations continue to struggle with the
consistency and fairness of their reviews. In increasingly busy
workplaces, it is a challenge to submit appraisals on time, let alone
make time for meaningful conversation."
Almost all organizations (97 per cent) surveyed by the Conference Board
in 2011 include individual goals and objectives in their performance
appraisals. Appraisals also commonly include ratings of employees'
competencies and track employees' training and development.
Seventy-eight per cent of organizations link base pay to performance,
and 56 per cent link their short-term incentive pay plan to
The report discusses potential roadblocks to an effective performance
management system and presents tips to help organizations improve their
• Keep it simple
• Communicate clearly
• Set cascading goals
• Set the tone at the top
• Ensure accountability from employees and managers
• Link pay to performance
• Provide training
• Ensure fairness and objectivity
The report also features five case studies of organizations that have
challenged themselves to improve their performance management systems:
Bell Aliant, BC Cancer Foundation, Export Development Canada, Pratt &
Whitney Canada, and BP Canada.
The report is available at www.e-library.ca. Nicole Stewart will present a 60-minute interactive webinar on Tuesday, June 26, 2012 at 1:00 p.m. EDT.
Link to publication: http://www.conferenceboard.ca/e-library/abstract.aspx?did=4843
Link to webinar: http://www.conferenceboard.ca/e-library/abstract.aspx?DID=4883
SOURCE CONFERENCE BOARD OF CANADA
For further information:
Brent Dowdall, Media Relations, Tel.: 613- 526-3090 ext. 448