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How to Quickly Improve Any Performance Appraisal System

DecisionWise

Performance Reviews Need Help. In a recent survey conducted by Adobe, 88% of the survey participants indicated they were part of a performance appraisal process. This same study found that managers in these programs spent, on average, 17 hours per employee preparing for their performance reviews.

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5 Keys to Building a Human-Centric Performance Management Process

Bonusly

Here are four keys you can begin implementing today to support a more human-centric performance management process: Build Genuine Relationships. Many of the big successful firms are abandoning traditional performance reviews. Formal annual performance reviews are outdated. Empower your team, and do not micromanage.

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Performance and Rewards: Differentiate Only When It’s Worth It

Visier

Merit-based rewards are seen as a hallmark of a “high performance culture.”. 91% of companies linked pay to performance in 2011 , up from 78% in 2009. 89% of companies differentiated performance using numerical ratings in 2014-2015. Should we rethink the idea that differentiating performance and rewards is always good?

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5 Ways to Shine After a Critical Performance Review

Reflektive

A study on the performance review process led by Adobe revealed that this common HR practice isn’t as proactive towards employee improvement as you’d imagine. The Harvard Business Review gathered data in a 2014 article revealing that 57 percent of people preferred corrective feedback; only 43 percent preferred praise or recognition.

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Forgoing Annual Performance Reviews: What Are the Alternatives?

Astron Solutions

A 2014 survey report from the Society for Human Resource Management (SHRM) finds that 70% of organizations use annual performance reviews and 16% use semi-annual performance reviews. However, only 32% of surveyed organizations believe that managers are able differentiate between poor, average, and strong performers.

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Top Employee Engagement Tools (Detailed Comparison)

Vantage Circle

Maximising employee engagement and elevating employee performance are the key ways of employee retention and attaining better productivity. The Private Manager Assessment ensures fair assessment and accuracy in performance management. Yelp, McDonalds, AirBnB, Etsy, Adobe, Greenhouse, Oracle. Link: [link].

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R.I.P. Annual Performance Review. Now what?

WorkHuman

And yet, this is essentially how businesses have designed performance management since the third century. More and more companies are ditching the demoralizing and ineffective annual performance review in favor of more frequent communication and coaching throughout the year. They would likely be fired for incompetence.