Category Archives: Nice Find

Ditching Annual Performance Review

Last week, while browsing on Facebook, i encountered a story about a certain company ditching out its employee’s annual performance review. I was shocked and at the same time interested to know the reason why this company fearlessly decided to remove their yearly evaluation. It was indeed a bold move for that company.

One of the main reasons why this company opt to remove performance review is:

 Rather than having managers rank and review workers once per year, the new initiative — called Performance Achievement — calls for informal reviews that can be given at the manager’s discretion, for example, after a worker has completed a specific project.

“……. The new system is intended to give workers more opportunities to get feedback from managers and coaching to improve their performance. The new system will still be used to inform decisions made about compensation and promotions, Jones added.

Companies have been doing performance appraisal every year to identify and achieve the team member’s individual KPIs.  Performance appraisal is also being used to identify strengths of the employee or identify those areas that needs improvement.  In short, this process is for evaluation and developmental purposes.

As an HR practitioner, i know the purpose and importance of performance evaluation. Some may perceive it differently  or positively, as follows:

    • It encourages employees to perform better in the future
    • It presents an opportunity for employees to leverage positive performance for an increase in salary or promotion
    • During the appraisal, employees can discuss strengths and weaknesses with a supervisor, in effect, allowing employees to discuss personal concerns
    • It provides communication between a supervisor and employee on a regular basis to discuss job duties and issues with work performance
    • It allows employees to identify what skills may be lacking and need to be acquired or improved upon. There are instances when education provided by the company is a necessity to advance success overall
    • It holds employees accountable for their job performance, and since the employee knows that an appraisal is coming, the employee has the opportunity to prepare in advance
    • It provides the opportunity for managers to explain organizational goals and the ways in which employees can participate in the achievement of those goals( http://www.atessabenefits.com/atessa-blog/understanding-the-importance-of-performance-appraisals/)

The most challenging aspect of a performance appraisal is measuring the actual performance of the employee since performance will be based on actual vs target. The process itself is time consuming especially if you have several employees to be evaluated, sometimes twice, in a given year. In several instances due to the number of employees to be evaluated and lack of time management there were employees whose evaluations have been compromised and completed for the sake of compliance. You’ll only get to know the scenario once employees started to make noise or manifest dissatisfaction.This leads to the pain points of performance appraisal.

Dissatisfied Employees
Dissatisfied Employees

Some pain points of performance evaluation as quoted in Yahoo’s article:

Criticism of performance reviews is ubiquitous among academics who study workplace management. Their main pain points: the system wastes time and money, alienates employees, and is all-in-all redundant, since any good manager is already keeping an eye on employee performance without a system in place. A whopping 95% of managers said they are dissatisfied with their performance review process, according to a 2014 survey of 10,000 workers, also conducted by CEB. Nearly 60% of employees said they felt reviews weren’t worth their time. CEB also estimates that for a big company with more than 10,000 workers, annual reviews can easily cost upwards of $35 million with less than stellar results. Ninety percent of HR professionals surveyed by the firm said they did not feel performance review results painted an accurate picture of workplace productivity. (http://finance.yahoo.com/news/accenture-is-the-latest-major-company-to-ditch-dreaded-annual-reviews-192428343.html)

Do we really need yearly performance evaluation?Is performance evaluation helpful to the business? Is it time to look for a more creative and practical ways of evaluating employees?

Ariva has an upcoming event which includes performance management and other HR Topics. Please check out these interesting subjects and inspiring speakers at Philippine HR Congress to get creative innovations about HR global transformation.

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If you need to know more about performance management, gain knowledge in other facets of HR, plus network with Resource Speakers and Event Delegates including: CHROs, SVPs and VPs for HR, COOs, CFOs, Directors, Executives, Deputy Directors, Managers, and Team Leaders with responsibilities in:

  • Strategic Human Resources Management
  • Talent Management and Retention
  • Change and Transformation Management
  • Performance Management
  • Succession Planning
  • Talent Acquisition, Development and Retention
  • Employee Engagement
  • Strategic Leadership
  • Training and Learning Development
  • Corporate Culture and Diversity
  • Human Capital Strategy
  • Organizational Development

Join the Philippine HR Congress

Phil congress

To learn more about the HR and Training Congress 2015, visit the event page: http://www.ariva.com.ph/philippine-hr-congress-2015-2/
Ariva! Events Management Facebook Page:https://www.facebook.com/HRandTrainingCongress
HR and Training Congress Facebook Page:https://www.facebook.com/HRandTrainingCongress
Ariva! Events Management Website: http://ariva.com.ph/

For a limited time, Ariva! is currently offering a promo:

Register today and get your
50% discount at Super Saver Rate
or avail our FREE 3 Days / 2 Nights
Hotel Accommodation

To register, call Ariva! at 370-9961 to 63 or email successseminars@ariva.com.ph or register online at http://www.ariva.com.ph/registration/

#‎PhilippineHRCongress‬
‪#‎HRAppreciationDay‬
‪#‎HRandTrainingCongress‬
‪#‎GlobalHRLandscape‬
‪#‎HRTechnologyEXPO‬
‪#‎ArivaAcademy‬

King Chef (50% off Dimsum)

I was at Lucky Chinatown when i discovered this yummy Chinese restaurant that offerss 50% on dimsum everyday from 3-5pm and 9pm-12mn. Its  interior is quite intimidating but don’t be misled, that’s just a glimpse of how good their foods are.Image

So we tried their hakaw,

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fried dumpling,
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steamed fish with beancurd,
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and two more, spareribs toppings and steamed seafoods.

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We ate all of these for:

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Not bad if you’re looking for quality dimsum!

Total Savings P260

Three weeks after we visited King Chef ,  but on a different location, we discovered that they they also have a branch in Banawe, Quezon City(near Starbucks) so we tried it once more, together with friends, and all i can say is i will definitely  come back. 🙂

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FREE Movie Treat from SM on December 8, 2012

SM Cinema gives back to its loyal patrons with another FIRST in Philippine cinema history—the FREE MOVIE DAY event, a grand movie blow-out slated to happen this December 8, 2012.

This SM Cinema event will offer free movies in all of SM Cinema’s 246 Digital Theatres in all 45 branches nationwide! The line-up of movies will include the horror-thriller House at the End of the Street, Stolen, the latest Nicolas Cage action flick, the biopic Supremo: The Andres Bonifacio Story, crime drama film Deadfall, the popular Step Up Revolution and the restored version of Ishmael Bernal’s Himala. Apart from these six movies, two independent films courtesy of the Film Development Council of the Philippines will also be a part of the line-up.

Registration for SM Cinema’s Free Movie Day is from November 22 to December 6.

Just follow these five easy steps:

1. Like and Register at our e-PLUS Facebook Fan Page (www.facebook.com/eplus.sm)
2. Click on the Free Movie App.
3. Choose your Cinema, Time and Movie
4. Print the confirmation email.
5. Surrender the printed confirmation email at your preferred SM Cinema branch for your free two tickets.

50% OFF @ VIKINGS (SM MARIKINA)

Enjoy half the price on lunch or dinner buffet when you use your
Citibank Credit Card at Vikings SM Marikina.
 
Valid from November 23 – 25 and November 30 – December 2, 2012.
Located at SM Marikina – 2nd Floor, Marcos Highway, Calumpang, Marikina
Operating hours are from 11:00am – 2:30pm and 5:30pm – 10:00pm.
 
For reservations, call: 0917-8766888 or 0919-9993888
 
Valid at the SM Marikina branch only.
Discount is applicable to a maximum bill of P5,000 only.
Not valid in conjunction with other discounts and promos.For more info, go to http://www.citibank.com.ph/gcb/promos/cards/1207_vikings.htm

FREE 2pcs Crispy Glazed Chicken from Greenwich

Get FREE 2pcs Crispy Glazed Chicken with rice for a minimum bill of P600 at Greenwich using your Citibank Credit Card.
Only valid at Greenwich branches that accept credit cards. For dine-in only.
Promo is valid until February 28, 2013

For more info, go to http://www.citibank.com.ph/gcb/static/all_promos.htm

WIN ASUS Eee PC X101H LAPTOP

SM 3-DAY SALE

SM Supermalls will have another sale event this coming week. You can avail of up to 70% discount on selected great items plus you can have a chance to win  Asus Laptop from Aug 3,4 & 5, 2012, .  A total of 15 winners can win this very interesting treat from SM . The SM Supermalls 3-DAY SALE will happen on the following SM shopping malls:

SM City Sta. Mesa – http://www.facebook.com/SMCityStaMesa?ref=ts
SM Center Valenzuela – http://www.facebook.com/smcentervalenzuela?ref=ts
SM City Masinag – http://www.facebook.com/smmasinag?ref=ts
SM City Calamba – http://www.facebook.com/smcalamba?ref=ts
SM City Tarlac – http://www.facebook.com/smcitytarlac

You may want to visit SM’s facebook fan page for more details.

Gift Checks – No Expiry Dates starting July 2012

Guidelines on the Issuance, Use and Redemption of Gift Checks, Certificates or Gift Cards in accordance with Republic Act No. 7394 or the Consumer Act of the Philippines, and for other Purposes

Gift Check/ Certificate/ Card – an instrument issued by a supplier to an individual, partnership or a juridical entity for monetary consideration evidencing a promise by the issuer that consumer goods or services will be exchanged in favor of the bearer upon presentation of said gift certificate/ check/ card to the value, credit, specific good, service or event shown in the instrument. It represents value held in trust by the issuer/supplier/distributor, thus DTI intends to regulate its use to protect consumers and ensure that they are not unduly deprived of their money
Salient Features
  • Upon effectivity of the order, 16 July 2010, all gift checks/ certificates/ cards issued must bear a date of issue and an expiry of two (2) years.
  • Starting 01 July 2012, all suppliers, issuers, distributors and sellers are prohibited to issue and/or sell gift certificates/check/cards with an expiry date.
    • Gift certificates/checks/cards that are distributed to consumers under awards, loyalty or promotional programs are not covered.
    • All gift checks/certificates/cards with no expiry dates shall be redeemable until used by the bearer.
    • Holders of unused and unexpired gift check/ certificates/ cards after June 30, 2012 shall be entitled to replacement after revalidation by suppliers.
    • Terms and conditions of unused gift checks/ certificates/ cards issued before the effectivity of this order shall be honored; but those bearing expiry dates beyond June 30, 2012 shall be subject to revalidation or replacement.
    • Goods and services that are paid with gift certificates/check/card are qualified in promotional sales activities, loyalty programs, warranties, return policies for cash purchases, and discounts for senior citizens/persons with disability.
    • The suppliers cannot be held liable for gift certificates/ checks/ cards under that are:
(a) lost due to no fault of the supplier; and
(b) mutilated or defaced due to no fault of the supplier and such damage prevents the supplier from identifying the security and authenticity features thereof.
Source: DTI

GREAT NORTHERN SALE @ SM CITY NORTH EDSA

SM CITY Great Northern Sale

The SM City North EDSA will once again delight you with their enticing offers and promo. You can avail of up to 70% discount on selected brands at  SM City North EDSA’s  Great Northern Sale on July 13, 14 & 15, 2012.  See you there!

You can go to their facebook  fan page for more details:www.facebook.com/smnedsa