In many organizations, performance reviews are still done only once a year. Growing number of managers and employees feel that the ‘once-a-year’ performance appraisals are not giving the results expected. More and more organizations are converting their one-time performance appraisals to ‘all year round’ performance reviews.
When performance management is done correctly and throughout the year, employees show high levels of engagement and increased output. Below is a list of benefits for doing performance reviews all year round.