Performance

The Importance of Setting KPIs and How To Do It Effectively

Research has shown that 60% of fortune 500 organisations and therefore the most successful companies use KPIs in some form or other – which should underline the relevance of KPIs to delivering high performance within a business. But, why are they so crucial and how do they help businesses to drive performance and succeed? The answer to this is that in a complex, rapidly changing and competitive commercial environment, a well designed set of KPIs act like a digital dashboard, providing the senior managers with the tools and insight to monitor performance against their goals and make adjustments which will lead to performance improvements. Arguably managers that operate without a digital dashboard of KPIs are effectively ‘driving blind’.

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How to Manage Your 3 Month Performance Review

It is very common practice amongst Australian employers (and most employers world-wide), to employ staff on an initial 3 month probationary period. In some countries, the probationary period can be up to six months, but this would not be a prudent action for employers to take in Australia as employees become entitled to claim for unfair dismissal after a 6 month qualifying period. This is why most Australian probationary periods will be 3 months long.

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How To Ask a Manager For Assistance

In large established companies you are likely to find that there is a more formalised support structure in place to help you do your job and operate effectively within the business. From the first day, there are likely to be well established channels of upward communication through which you can pose questions and these channels will most likely to be explained to you on your first day. In a large company, you may be informed of the H&S contact, HR contact, facilities manager, line manager, department head etc…

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How To Negotiate a Higher Starting Salary

There are two important steps to negotiating a higher salary; the first is trying to place yourself in as strong a bargaining position as possible and the second is how you actually conduct the negotiation.

So what is the significance of a bargaining position?

Take the example of sports stars who, with the help of their agents, regularly manage to secure lucrative contracts with new teams. They manage to achieve these lucrative contracts because the sports star has a strong bargaining position, which means they can show the following:

  1. that they are great at what they do;
  2. that they are in form;
  3. that they will make a difference to the team they join;
  4. and finally, that they have other options.

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