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Also known as: performance evaluation, performance appraisal, annual review

Performance Review

ConceptualOperations

Definition

Performance Review: Performance reviews are formal assessments of employee work quality, accomplishments, and growth over a specific period. Modern approaches favor frequent feedback over annual reviews, focusing on development rather than just evaluation. Effective reviews align individual goals with company objectives and create actionable improvement plans.

Example Usage

β€œWe moved from annual reviews to quarterly conversations with continuous feedback. Employees prefer it, and managers catch issues earlier.”

Common Misconceptions

Annual reviews are sufficient. Continuous feedback and frequent check-ins are more effective for growth and retention.
Reviews are just evaluation. They should primarily be development tools that help employees improve.
Stack ranking improves performance. Forced rankings damage collaboration and create political environments.

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