Continuous Evaluation
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Continuous Evaluation is a tool that helps companies assess the risk of their employees and contractors after they are hired. It provides alerts to help detect and reduce insider risk, workplace fraud, theft, and violence in various industries.
Strengths
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Efficiency
Continuous evaluation allows for real-time feedback and performance tracking, leading to increased efficiency.
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Accuracy
Continuous evaluation provides a more accurate representation of an employee's performance over time, rather than relying on periodic evaluations.
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Employee Development
Continuous evaluation allows for ongoing coaching and development opportunities for employees, leading to improved skills and job satisfaction.
Weaknesses
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Implementation
Implementing a continuous evaluation system can be time-consuming and require significant resources.
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Data Overload
Continuous evaluation can generate a large amount of data, which can be overwhelming to manage and analyze.
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Resistance to Change
Some employees may be resistant to the idea of continuous evaluation, preferring traditional periodic evaluations.
Opportunities
- Continuous evaluation systems can be customized to fit the specific needs and goals of an organization.
- Continuous evaluation systems can be integrated with other HR software, such as performance management and learning management systems.
- Implementing a continuous evaluation system can give an organization a competitive advantage in attracting and retaining top talent.
Threats
- Continuous evaluation systems can generate sensitive employee data, which must be protected from security breaches and cyber attacks.
- Continuous evaluation systems must comply with legal regulations regarding employee privacy and data protection.
- Implementing and maintaining a continuous evaluation system can be costly, especially for smaller organizations with limited resources.
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Continuous Evaluation Plan
Continuous Evaluation offers a tiered pricing model based on the number of users, starting at $5 per user per month for the basic version and $10 per user per month for the premium version with additional features.
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