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What penalties are attached to the extended SMCR regime?

Posted on 16th October 2018 by Lucinda Carney

With the forthcoming extension to the SM&CR regime, it is wise for Senior Managers to understand the extent of their personal and corporate risk. Now the FCA have been at pains to emphasise that this regime is about…

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What is the difference between a performance appraisal system and performance management system?

Posted on 15th October 2018 by Lucinda Carney

A performance appraisal system and performance management system are often discussed in the same breath but are they actually interchangeable? 

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What you should be doing now to meet the FCA’s requirements for SMCR

Posted on 11th October 2018 by Gemma Scott

Enough time has passed that the term ‘SMCR – The Senior Managers and Certification Regime’ is probably well on your radar. Since the FCA published their near final rules in July 2018 we have been speaking to various financial…

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Can an online performance appraisal system increase engagement?

Posted on 8th October 2018 by Lucinda Carney

You already know that introducing a performance appraisal system has lots of potential benefits, which is why you invested in the first place. However, introducing a performance appraisal system will not bring you …

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How to create an effective performance appraisal system

Posted on 1st October 2018 by Lucinda Carney

There are many potential benefits to creating an effective performance appraisal system. You can increase productivity and engagement, reduce risk and retain talent; however, if you are to maximise your return, it is really …

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Using SMCR and Performance Management Software to achieve Culture Change

Posted on 28th September 2018 by Lucinda Carney

At first glance you would consider SMCR and Performance Management Software to be unlikely bedfellows. However, the synergy between the two could be the key to the culture change demanded by the FCA through…

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5 steps to success with 360 Feedback

Posted on 10th September 2018 by Lucinda Carney

With many businesses turning away from the traditional appraisal process, it is so important to get 360 feedback right. It can often be seen as the panacea however there are a number of obstacles to overcome if you wish to avoid a…

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The pros and cons of 360 Feedback Software

Posted on 3rd September 2018 by Lucinda Carney

360 Feedback Software can be used as a highly valuable development tool for nurturing self-awareness. Generally, when we start out in the workplace we see things from our own perspective and have little understanding of …

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