Human resources leaders have committed to major changes in performance management and human capital management processes, according to a new survey, but well over half haven't started the overhaul.
That's according to the survey from Wakefield Research and BetterWorks, which reports that while 99 percent of HR executives have committed to changing their current processes, 58 percent have yet to begin.
At present, 81 percent of respondents indicate they use, or plan to use, continuous performance management, including ongoing feedback and regular check-ins between managers and employees. And while over the last year a third of companies have ditched rankings and ratings, and more than half have launched a more frequent goal-setting process, plenty more haven't actually taken action—yet.
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