About this document
Companies Ditch Annual Reviews for Feedback by Gaurav Gopal is a document available to read on EtoBox.
Several large companies like Deloitte, Adobe, and GE have replaced their traditional annual performance reviews with continuous feedback systems. Traditional performance reviews focus on ratings and rankings which research shows can damage company culture by creating competition. Most employees now work in service or knowledge jobs that are difficult to rate. Additionally, 95% of managers are dissatisfied with performance reviews. Yahoo tried implementing stack ranking but it backfired by forcing competitio
- Author
- Gaurav Gopal
- Language
- EN