Real Time Feedback Platform Pay Compliment Releases New Features to Foster Frequent Feedback Habits

General News

Summary

Today Pay Compliment is pleased to introduce the Network Strength indicator; a dynamic measure of individual employee feedback effectiveness.Sydney, Australia, October 08, 2017 --( In addressing one of the most difficult aspects of continuous coaching conversations the Network Strength indicator dynamically measures the extent to which each employee has (or has not) formed a healthy feedback habit.When implemented effectively real time feedback can improve business results by upwards of 30% when employees are continuously aligned and doing their best work every day.However, many organizations are not achieving anything like this due to both poor initial take up of coaching conversations and, rapid reversion by managers to the feedback famine that has for so long been the norm.Sydney, Australia, October 08, 2017 --( PR.com )-- Todays release of the Network Strength indicator will make it easier for organizations to create and sustain a feedback rich culture where employees take accountability for their own high performance and professional development.In addressing one of the most difficult aspects of continuous coaching conversations the Network Strength indicator dynamically measures the extent to which each employee has (or has not) formed a healthy feedback habit.The growing trend to replace or augment traditional annual performance reviews with continuous feedback makes light of the difficult cultural change involved to get employees used to the idea of frequent feedback interactions.When implemented effectively real time feedback can improve business results by upwards of 30% when employees are continuously aligned and doing their best work every day.However, many organizations are not achieving anything like this due to both poor initial take up of coaching conversations and, rapid reversion by managers to the feedback famine that has for so long been the norm.

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industries
Fintech & Banking
applications
EduTech - learning

AskAI Classifications

Labels
Performance Management Software Employee Engagement Software Customer Feedback Software

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Pay Compliment
$1M to $5M