Costly & ineffective | Why your performance reviews aren't working and what to do about it

Traditional performance reviews are ineffective, outdated, and at times, even detrimental to employee engagement and growth. The concept of a ‘one-size-fits-all approach to structured development and assessment is simply not cut out to deal with today’s diverse workforce.

Many reviews are at the mercy of personal biases, whilst the lack of objective data often makes these reviews less trustworthy and less effective in driving performance improvements.

According to Gallup, only 14% of employees strongly agree their performance reviews inspire them to improve. They’re also expensive, costing organisations much as £2million to £29million a year in lost working hours for an organisation of 10,000 employees to take part in performance evaluations -- with very little to show for it.

They’re also fatally slow and largely redundant when it comes to sourcing the vital data needed from the processes. In fact, nearly half of employees say they receive feedback from their manager a few times a year or less.