We’re hearing more and more about how real-time feedback can solve engagement problems and drastically lower turnover. But for those companies that already have a great performance management process in place and a highly engaged workforce, is real-time feedback really worth it? No matter what your situation is, adding real-time feedback to the equation can support and strengthen your performance management process in several ways:
BUILDING ON AND TRACKING PROGRESS BETWEEN REVIEWS
First and foremost real-time feedback should be used in between reviews to help your employees develop and strengthen their skills. Performance management shouldn’t end after the annual performance review.