Tag: Performance Management System

Traditionally, performance appraisal have been the bedrock of corporate culture and have enabled organizations to assess their employees’ performance, pinpoint improvement areas, and align all employee contributions with the organizational goals. But with rapid changes in the workplace, old-style annual reviews are becoming increasingly irrelevant. Both employees and employers are becoming increasingly sensitized to the potential drawbacks of the once-a-year review, often insensitive to engaging, growing, and establishing a culture of continuous feedback. It will only be if companies would, in reality apply the modern concepts that enhance the growth and development of the employees instead of making it a ... Read more