What Employees Really Think About Performance Reviews
As technology has sparked an evolution in the way we work, it has also shifted expectations for the way we evaluate work.
INSTEAD OF A SINGLE, TRADITIONAL ANNUAL REVIEW, EMPLOYEES WANT MORE REGULAR FEEDBACK.
• 80% of Millennials prefer on-the-spot recognition over formal reviews.1
• Companies that implement regular employee feedback have 14.9% lower
turnover than companies that don’t.1
• 43% of highly engaged employees receive feedback at least once a week.