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Performance Reviews Need a Brand-New Profit and Loss

Five questions to keep top talent motivated

Chengyi Lin
Wed, 11/10/2021 - 12:01
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Performance reviews are clearly in need of an overhaul. A 2019 Gallup poll found that a mere 14 percent of employees are strongly inspired to improve based on their performance reviews. At best met with a lack of enthusiasm, at worst with resentment, this annual exercise in the era of The Great Resignation has scope for improvement.

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Solutions are possible. For example, research shows that workers consider evaluations based on their own past performance to be fairer than those comparing them with the performance of colleagues. Yet self-reflection might need a bit of structure when it comes to evaluations.

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