How to Improve Employee Performance Management

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How to Implement Growth Hacking Through Employee
Performance Management
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What is growth hacking?

• As we know growth hacking has been around us only
  for a few years, but now it is one of the most
  useful terms in the tech world. Growth hacking is
  the process to make experiments in product
  development, sales department and other areas to
  identify how to efficiently grow the business
  faster. Every startup business is looking for a
  way to achieve growth hacking. Because, they too
  want to grow fast, and achieve success and earn
  lots of money.

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How to achieve growth hacking through performance
management?

• All small to large size business needs
  Performance management software to quick growth
  in their company. This growth can be achieved not
  only through sales business but also through the
  HR department.

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If you can measure the performance of your
employees efficiently, it becomes easy to track
and rectify loopholes which are hindering the
productivity in working.

• factoHR Payroll Software Through You can quickly
  achieve the growth in your company by removing
  the bottleneck. To identify the factor
  responsible for a departments under-performance
  in a specified area, you need to measure your
  employees performance individually.

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1. Goal setting How do you set goals for your
employees to measure growth of your business?

• The first and foremost step to achieve success in
  any business is setting a benchmark to measure
  the growth. This benchmark helps a company to
  identify and set goals. Have you ever wondered
  what are the goals that can be set as a benchmark
  to measure employee performance? Is it possible
  to measure performance goals using a cloud-based
  software?

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2. KRA and KPI Are your employees having their
pre-defined goals from the starting of a month?

• After setting and identifying the goals for your
  business, you need to identify the areas and
  measure the development of individual department
  in a company. After identifying the goals and
  having pre-defined areas to measure the
  performance of a department, the evaluation of
  individual employee must be carried out and that
  too on a regular time of interval. Say, for
  example, the area in which developers need to
  work is developing a software or an application.
  But the roles they need to play is developing
  correct code and solve bugs in it.

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3. Training Are your employees trained according
to their performance?

• After having a clear analysis, training should be
  given to your employees to fulfill their goals
  efficiently and faster. Training given to a
  department helps in the growth of a company as
  employees can stay with the latest technology.
  Their knowledge gets regularly updated that
  increases their performance. The salary is
  calculated according to the performance, and so
  the employee satisfaction can be achieved easily.
  Satisfied employees lead to work better which in
  turn helps in company growth.

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Contacts Us

• 19, Balaji Towers, Sector 30A, Vashi,
• Near Sanpada Railway Station
• Navi Mumbai 400705
• Maharashtra, INDIA
• Phone [phone]
• Website https//factohr.com/

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