Tag: Performance Review
Simplilearn lets go 200 staff members for poor performance
Simplilearn, the edtech startup based in Bengaluru, has let go 200 team members, based on their performance. Most of those impacted belong to the...
New performance-review techniques challenge traditional norms
It is time to do away with the traditional methods of evaluating and providing feedback to employees. These outdated ways have long been criticised...
Byju’s trims 400 more jobs post performance reviews
Edtech platform, Byju's has reportedly let go of around 400 employees, following a performance review process, though the company's official statement says that only...
Trimble conducts its performance-review sessions over tea!
Global giants from GE to 3M or even Indian multinationals such as the Tata Group and the Aditya Birla Group stick to traditional rating...
Royal Enfield lays off 100 as part of performance review
Earlier this month, Royal Enfield launched its Classic 350 and made headlines by starting to deliver the enhanced and upgraded model to its customers....
Delhi government staff’s performance review to be digitised
Starting this year, that is, 2021, all health details of the employees of Delhi government will be submitted on a portal. All government departments...
DXC aims for transparency, regularisation of hikes, more hiring
DXC Technology, the American IT services company, will focus on regularising increments and will also expand its India team further in 2021.
The focus is...
150 asked to resign at HDB Financial Services, based on performance...
HDB Financial Services has asked almost 150 employees to resign following a performance review. However, the employees who were asked to submit their resignations...
Govt organisations to review employee records and submit monthly report
All central government departments, banks and public sector undertakings (PSUs) will now have to follow the Government’s orders and review the performance of their...
Kerala State Electricity Board introduces performance appraisal
The performance indicators are customer complaint redressal, the release of new service connections, e-payments, safety-zero fatality and quality of power.
Now, performance review for central government employees
These include 25,000 IAS, IPS, and IRS officers.
GE plans a farewell for the annual appraisal
GE is reviewing whether the annual practice of making changes in compensation to acknowledge achievements and efforts of employees is the best way to do it.
Performance appraisal biases – one should avoid
Here are some strategies employed or measures taken by reviewees, to which the managers often fall prey and end up forming biased notions.
Employee behaviour: A new metric in performance review
Swiss bank, UBS, has introduced ‘employee behaviour’ as an integral part of the performance review giving as much as 30 per cent weightage while deciding the bonus payable to the employee.