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Performance Appraisals

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Performance appraisals have traditionally been considered the best way to [blank] an employee's performance, but increasingly organizations are finding them of little [blank] . Employees find them stressful and unhelpful. Importantly, they also take up a lot of time. When Deloitte analyzed their own [blank] , they found managers and employees spent around 2 million hours a year on performance reviews. A growing number of companies have decided to [blank] performance reviews altogether, instead introducing more regular catch ups .

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Performance appraisals have traditionally been considered the best way to evaluate an employee's performance, but increasingly organizations are finding them of little value . Employees find them stressful and unhelpful. Importantly, they also take up a lot of time. When Deloitte analyzed their own process , they found managers and employees spent around 2 million hours a year on performance reviews. A growing number of companies have decided to abolish performance reviews altogether, instead introducing more regular catch ups .
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