Annual Performance Reviews Are On Their Way Out

You’ve probably already heard it, but there’s a growing list of companies that are ending their annual performance reviews and ranking systems and switching to a better process. About 10% of Fortune 500 companies have already made the change because they recognize that annual performance reviews are often inefficient and that managers and employees alike dread this time of year.

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Performance Review, Employee Feedback

The Easiest, Most Impactful Thing You’ll Do All Day

 


Organizations are full of people who are motivated by recognition; they are propelled by seeing and hearing the value of what they do. Money is great, perks are wonderful, but many workers get the most fuel by being recognized for their everyday contributions. As a leader, the easiest and most impactful thing you can do on a daily basis is to make sure each person on your team feels valued.

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Employee Recognition, Performance Management, Employee Feedback

Giving Employee Feedback at Work: 5 Essentials

This article about employee feedback, orginally published November 2014, has been updated as of December 2016 to reflect newer statistics. To read more on employee feedback and performance, check out these articles:

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Performance Review, Performance Management, Employee Feedback

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