HR professionals in Australia and New Zealand share what performance management looks like in their organisation
Annual performance reviews have been the standard method for providing employee feedback and organisational alignment of goals and objectives for decades. However, in recent years, discussion has emerged regarding the effectiveness of this method with numerous studies concluding that annual performance reviews are wholly ineffectual at driving engagement and accomplishment of KPI’s.
Does a single, annual discussion and goal setting session provide the motivation and strategic drive towards success for both employee and company? With feedback and development cemented as essential elements to the employee experience (and thus retention), this report outlines the current state of performance management in small & medium businesses and understand whether belief and practice regarding continuous performance management are aligned in today’s workplace.
Questions from this study explore:
The current priorities for running performance reviews
Frequency and method of feedback today
Obstacles to continuous performance management
How a culture of continuous performance can have positive benefits to both productivity, employee engagement and retention.
eBook: Continuous Performance Management
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