“Flexible work schedule”, “millennials”, “ping them” “flex time” these are all terms used in today’s office environment that wasn’t conceivable 30 years ago yet with all the changes in the office environment we still hear about the performance reviews.
Managers hate writing them, employees hate receiving them. It is the only time of the year, everyone is walking on egg shells regarding work ethic and money. The larger problem is 53% of employers said they don’t even actively track performance during the year what’s the point? Plus research shows remembering the bad is a basic and wide-ranging principle of psychology. It’s in human nature,
To make matter worse, research has found that more than 9 in 10 managers are dissatisfied with how they conduct annual performance reviews, and almost 9 in 10 HR leaders say the process doesn’t yield accurate information and it’s a waste of their time. So why are they still doing it and…
What is a company to do?
Stop Insisting On Old Methods In A New Age
We all know Millennials want information now and seeing as they are now management material, everyone needs to regularly communicate with their team regarding performance. By doing so they will find their employees nearly three times more engaged. It doesn’t have to be a formal meeting but highly engaged employees receive feedback at least once a week! This doesn’t have to be written but a “walk by review”.
Good job. When I saw x consider y.”
When a manager “checks in” more often, this will essentially improve employee engagement, reduce turnover and increases company productivity, aggravation and mistakes!
As the New Year approaches if you are a manager, in HR or a CEO step away from annual reviews…if it’s not too late!
Turn over a New Year with a New Snowflake, take different steps to encourage more frequent engagement to ensure your company is heading in the right direction.
If only 8% of companies believe their performance management process is effective and over 50% feel it’s not effective at all, why are you wasting your time and money in the wrong places?
Jessica Glazer is the Founder of www.MindHR.com a head-hunting and resume writing agency in Montreal. She is a contributor to the HuffingtonPost, can be heard on Montreal’s NewsTalk Radio CJAD and seen on BTMontreal, ABC NEWS, CTV and Global television speaking about employment related issues. Learn more www.jessicaglazer.ca