When it comes to performance reviews, a one-off assessment each year is just not enough, according to Sandra Reder, founder of Health Bridge HR and Vertical Bridge HR.
“For the most part, there are still organizations that do the annual review, and that’s about it. I don’t [think] that it really supports their efforts to be a top performing organization… because people need more than annual feedback.”
Instead, employers must shift their approach from “performance reviews” to “performance management”, says Reder.