Year-end performance reviews often coincide with a heavy workload for employees and managers, causing anxiety and impact on their professional reputations. A SHRM study revealed that many companies still rely on traditional annual evaluations based on initial goals, without regular progress checks. This can lead to confusion over expectations and lost opportunities for improvement and feedback. The article highlights the importance of continuous objective reviews, noting that only a small percentage of companies have adopted these practices, despite acknowledging their potential benefits for both employees and managers.
In a recent SHRM study, nearly 50% of companies utilize traditional annual performance evaluations based on initial goal achievement, with little review throughout the year.
Regularly revisiting objectives is crucial for employee performance, yet only 28% of companies implement frequent reviews, leading to missed insights and potential improvements.
#performance-evaluations #employee-engagement #goal-setting #management-practices #workplace-culture
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