The annual employee review is antiquated. While some companies are making changes and conducting them on a regular basis, many employees still say they’re deeply flawed.
In fact, a January survey by Adobe found that 72 percent of the 1,500 U.S. office workers polled called performance reviews time-consuming. Additionally, some 59 percent said performance reviews had no impact on how they do their jobs.
So, the takeaway here is that the review process is not only a waste of time, but it’s ineffective as well as demoralizing for employees. Here are five ways to change this scenario, using lessons from real companies: