Kill your once a year performance review culture
Updated: Nov 23
Did you know that traditional performance reviews and appraisal systems, with their annual feedback rituals, are often more detrimental than helpful?
📊 74% of all employees in the UK find the annual review process outdated and ineffective (Source: YouGov). Yet, most companies persist with this through habit.
🎉 Let's change...
It's time for more frequent feedback, here are the benefits:
Accelerated Growth: Regular feedback accelerates personal and professional growth.
Enhanced Productivity: A culture of continuous feedback can increase productivity by up to 12.5% (Source: Gallup). Why wait a year to address issues that can be resolved today?
Improved Morale: When employees receive regular feedback, they feel more engaged and valued. This boosts morale and job satisfaction.
Innovation: Frequent feedback fosters a culture of innovation, where employees feel comfortable sharing ideas and improvements.
Lower employee turnover: 14.9% lower turnover rates in companies that implement more regular feedback (Source: OfficeVibe)
So, what can we do about it? 💡
It's time to demand better tools and processes that facilitate regular feedback. Let's shift from once-a-year evaluations to continuous, meaningful conversations.
Change the game, break the cycle, and embrace a culture of feedback that empowers us all, and unleashes our potential.