Employee Performance (2)
To Review or Not Review...Why Is That The Question?
The great HR debate has resurfaced. Should a company conduct formal employee performance reviews or should they provide employees with on-going feedback? Many are opting to do away with the formal reviews and develop a system of on-going feedback instead. I have to say I have never understood what the fuss is all about. Why do you have to choose?
In my travels as a consultant, I’ve noticed companies are beginning to feel a slight ease in the economic burden, but are still uncertain of the future. The management teams are looking toward giving pay increases, but are very cautious about making sure the process makes sense. I was recently asked: How can performance appraisals be used to establish pay raises?