Is it time to ditch annual performance reviews?
Monday, May 11, 2015 - 09:30
in Psychology & Sociology
Most of us have had annual or semi-annual formal performance reviews, but a new paper by psychologists at Rice University reinforce the importance of continuous feedback on employee performance, and how the social environment can either encourage or inhibit that feedback. Although there is little disagreement that companies need to evaluate and obtain accurate information on its talent and need to have performance management systems in place, the report cites the problems annual reviews inherently present.