COVID-19, not just a flu disease

Throughout this pandemic, and of course, after it, companies and their human resources departments have begun to require a different perspective with regards to employee management. The most affected industries in this regard have been banking, finance, accounting, real estate, and IT. Many things have changed in these industries as a result of the switch to remote working and it’s only just the beginning.

Here is a list of the most affected industries:

Affected industries by COVID-19

Employees: a company’s most important asset

Companies around the world spend billions of dollars on employee development; they search for the best candidates and train them to improve their skills, knowledge, engagement, performance, and so on.

This pandemic created a new “disease” called The Great Resignation consisting of employees leaving their jobs or switching to others in droves. This “disease” is not only a result of the workforce taking action, but it’s also due to employers creating the ideal environment for it. Therefore, it’s now time for companies to do something about it before it’s too late.

There are five main reasons to invest in employee development:

Reasons to invest in employees

As we grapple with the effects of COVID-19, it is becoming apparent that there are many workplace practices that are outdated and will simply not be effective as we move into the “new normal”. What we thought we knew about how employees can and like to work is changing. And this time is showing us the massive importance of employee adaptability.
Investing in employee development is more than just upskilling employees with technical skills.
A focus on skills like effective communication, adaptability, and more helps to prime employees for whatever changes come their way. 

It is easy to get caught up in performing and managing the day-to-day operations of a business, but it is imperative that employee development is not overlooked, as it produces many benefits.”

Axy Employee Management: a solution for your Salesforce Implementation

Salesforce has released an all-in-one HR solution called the Employee Experience Management Platform. It has new modules for employee engagement, hiring, and learning, but doesn’t cover every part of employee management. Don’t fret however, as we have developed a new module inside Axy OKR called Axy Employee Management with features like:

  • Self, Manager, Peer, and Subordinate Feedback
  • Custom Questions & Questionnaires
  • Review Cycles
  • 360 Reviews
  • OKR Integration

Axy Employee Management is the best solution on the Appexchange for performing 360 reviews within your organization and the best part is that it comes free with Axy OKR

Take it for a spin on the Test Drive or get in touch with our team for a custom demo.