Can the Annual Review Be Replaced By an App?
More companies are turning to apps that offer real-time feedback from bosses, peers and subordinates alike. But do they work?
There are few workplace institutions so widely reviled as the annual performance review. Managers dread them because they’re time-consuming to prepare and nerve-racking to deliver. Employees see the review process as upsetting and outdated. In a recent study conducted by the software company Adobe, 59 percent of office workers said reviews had no impact on the way they approached their work, and 37 percent said they had reacted to a review by looking for a new job.
Continue reading this article -- and everything on Entrepreneur!
Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5!