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Talent Management vs. Performance Management: What’s the Difference?

Extensis

Quick look: While the terms talent management and performance management are often used interchangeably, they play different (yet equally important) roles in a company’s human resource function. While the two terms may seem similar, they represent distinct approaches with unique objectives.

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HR Year-End Checklist: 10 Critical Areas to Assess

Extensis

Performance management As the year winds down, it’s the perfect time to prioritize performance management. Completing year-end performance reviews and setting future goals fosters growth, engagement, and alignment within a company. Employee engagement and culture Company culture is a hot topic, and for good reason.

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Ensuring Continuity: Succession Planning Strategies for Professional Services

Extensis

Quick look: Professional service firms depend on executive and managing teams to keep their business competitive and workflow successful. Investing in a succession plan enables companies to overcome gaps in leadership and encourage talent nurturing among current employees.

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8 ways HR expertise helps facilitate business growth

Insperity

Engage in succession planning so that critical leadership roles are never left unfilled when someone unexpectedly leaves. Go back to strategic workforce planning, examining organizational structure and reviewing HR processes in rapid-growth periods. There is another solution: partnering with a PEO.

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Building An HR Department: A Step-By-Step Guide

HR Tech Girl

Without these professionals fostering and handling employee retention, succession planning and hiring skilled talent would be challenging. Some organizations opt to outsource either all or part of their human resource function. Outsourcing is often evaluated in the early stages of building out the HR team.

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What Brokers Can Be Thankful for in 2024

Extensis

Your clients depend on you—and will continue to do so The business landscape constantly transforms, but one thing remains steady: small- and medium-sized employers will continue to turn to their brokers to help them differentiate themselves in the market.

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What is Leadership Coaching and How is it Beneficial?

Extensis

Gallup reports that only one in 10 people have the natural talent to lead, while performance management software 15five states that 65% of managers struggle to perform and feel less prepared and more challenged than ever, reinforcing the need for management training.