Frist Friday Preview Newsletter December 2019
Trend to Watch: Increased Focus on Performance Management The year 2020 will mark fierce competition among employers who want to hire and, more importantly, retain the best talent at their organizations. After all, unemployment in the U.S. is hovering at near-historic lows, with the most recent Employment Situation report from by the U.S. Bureau of Labor Statistics illustrating that the unemployment rate within the executive, managerial and professional labor market was just 3.3 percent. Click to watch the video. “In 2020, companies will want to ensure their performance reviews are specific, frequent, tied to relevant work and are as practical as possible,” says Annette Wehrli, director of leadership and organizational effectiveness for MRI Network. “This helps both the organization and employees have candid conversations about progress, development...