Re-evaluating Performance Evaluations: Four Best Practices

Many organizations cling to yearly performance reviews out of habit, lack of a better alternative, or a belief that reviews ensure the ongoing success of the business. However, a recent survey put out by Towers Watson revealed that only 37% of North American companies find their performance evaluation programs to be effective at all. Additionally, only 26% of those surveyed said that their managers and employees are satisfied with the process. [...]