A naukri.com initiative
HRKatha
1M
186
Image Credit: HRKatha
Why employee value cannot be measured only by KPIs
- Key Performance Indicators (KPIs) are traditionally used to track progress and performance in organizations.
- However, KPIs alone may not fully capture the value of an employee.
- Employees who contribute to the company culture, mentor others, or collaborate across functions may not be fully recognized through KPIs.
- The ability to influence beyond immediate responsibilities and demonstrate leadership potential is often overlooked by traditional metrics.
- Context, such as operating in volatile markets or new teams, can affect performance but may not be reflected in KPIs.
- Intangible leadership qualities like empathy and curiosity are crucial but not easily measurable by KPIs.
- Supplementing KPIs with narrative assessments, peer feedback, and mentoring impact offers a more holistic view of employee performance.
- Recognizing employees for their overall contributions beyond just task completion leads to increased engagement, trust, and loyalty.
- In the current business landscape, redefining performance assessment is crucial to acknowledge the true value of employees.
- Valuing employees based on their holistic contributions fosters a culture of collaboration and long-term growth.
Read Full Article
11 Likes
For uninterrupted reading, download the app