A GloboForce survey supports the belief that performance reviews may not be as beneficial to employees as they are designed to be. According to the results, 51% of the U.S. workforce believes that the review does not accurately evaluate their work.
The survey also revealed a couple other important issues for HR to consider:
- They found an overall dissatisfaction with frequency and effectiveness of performance reviews
- Only 25% receive a review every year while a surprising 22% have never had a review
- 24% of respondents dread the annual review more than anything else on the job
“Our survey results show what many in the HR community and business world feel right now: the annual performance review is broken. Providing employees with feedback and recognition only once a year is a huge missed
opportunity and simply unfair, given the fact it’s a based on a biased sample,” said Eric Mosley, CEO of Globoforce.