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Wednesday, June 13, 2007

Measuring Employee Performance

A recent survey by learning and talent management software provider SumTotal Systems indicates that more than 55% of companies struggle when it comes to assessing employee performance.

Other related findings:

  • Nearly half (47 percent) keep tabs on workforce performance with paper, computer spreadsheets or word-processing programs
  • Over one-third (38 percent) of survey respondents cited internal time and resources as the biggest challenge to overcome when considering technology for assessing employee performance - closely followed by budget challenges, at 20 percent
  • More than 30 percent of North American and European companies surveyed said they have, or plan to buy, software for managing talent because they are automating an existing process for measuring workforce performance

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