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Consider alternatives to your formal annual review process

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in Centerpiece,HR Management,Human Resources

by Kate Bischoff, Esq., Gray Plant Mooty, Minneapoliemployee performance review documents

Nobody loves the formal performance review process. Man­agers grumble about completing the forms, employees get nervous and the paper and deadlines can push the most pa­­tient HR professional over the edge.

Many companies—including Adobe and Netflix—have abandoned formal annual reviews, adopting a more agile approach that focuses on continuous performance management. Could this process work for you?

Performance management is key

Most people agree that performance management is key to having high-performing employees and business success. Managers set expectations, give guidance, measure performance in a written review and set future ex­­pectations. The rationale is that employees do better when they know how they will be evaluated and what’s expected of them.

Plus, documenting expectations and offering performance feedback can pre­­vent legal claims or at least better pos...(register to read more)

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