Are annual performance reviews really dead? Do you think we should keep them or get rid of them? What are some potential benefits to performance reviews? How can we improve the process?
Annual performance reviews:
Annual performance reviews means evaluating the performance of an employee over the last one year and discussing the improvement areas for further development in a positive manner.
Annual performance reviews are not dead and should be continued by the organizations. Due to the following potential benefits:
1. An employee is able to learn regarding their improvement areas.
2. To identify the areas where further training is required.
3. To enhance job satisfaction.
4. To increase motivation among the employees to do better and strive towards achieving the organizational goals.
5. To strengthen the morale of the employees.
6. And, to understand the expectations of the employer.
Improvement in the process:
Annual performance reviews can be improved by the following ways:
1. Initiating annual performance reviews for every quarter.
2. Linking the outcomes of the reviews to the organizational goals.
3. Making it a process in the organization.
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