1. Are Performance Appraisals Obsolete?

2. Current Situation
Study conducted by SHRM showed 90% of performance appraisals are ineffective
Study showed 40% didn’t even have yearly performance appraisal
Reviews focus on last 2-3 mo. not full 12

3. Why Do Performance Appraisals?
Shows employees
Contributions to organizational goals
Improvements
Shortcomings
Career plan
Legal purposes including documentation
Determines employee compensation

4. Ongoing Performance Feedback
Employees want to know frequently how they are doing compared to annually
Personal recognition of successes
Informal conversation
Formal, written
Public
Team/Group recognition company-wide