We Eliminated Annual Performance Reviews. Now What?
DECEMBER 28, 2015
What do Accenture, Adobe, Gap, Microsoft, and Netflix have in common? They all eliminated their annual performance review practices. In fact, six percent of Fortune 500 companies have already put a stop to their rate-centric performance management culture. The reason is simple: some say that if performance reviews were a drug, they would never pass the Food and Drug Administration given their wide range of vile side effects. And HR managers?