Many companies struggle with performance reviews. Modern performance appraisal methods typically consist of scheduled interviews, compensation discussions, and self-evaluation. When necessary, reviewers also offer ways for underperforming employees to improve.
But these methods are outdated. Most employees don’t find them valuable, and only 14% of workers attribute any performance improvement to reviews. Instead of merely evaluating employees year after year using the same dated tactics, HR professionals can change how they approach reviews and gain valuable insights.
A more nuanced approach to improving performance appraisals moves employees toward success, equips underperformers to overcome obstacles, identifies business practices that