What to Look for in an Employee Performance Appraisal System

Employees desire feedback. In fact, 96% say that regular feedback is preferred to infrequent, formally-structured reviews. Sitting down only once or twice a year to discuss goals, behavior, career advancements, etc. isn’t effective for performance management, nor is it beneficial to either the manager or the employee. Instead, establishing a regular performance and feedback process has proven to be better at keeping employees engaged and building productive, thriving teams.

The performance appraisal isn't the most popular part of an employee’s job. Though companies around the world commit to them every year, 45% of employees think they are a complete waste of time.