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5 Reasons why employees need performance reviews

by Yellow 330 Days

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Performance reviews are often criticised for being old-fashioned. But they’re still very important, especially for smaller companies. 

Appraisals can hugely improve employees’ performance and productivity, helping them feel that their hard work is being acknowledged, and encouraging them to strive for higher levels of achievement.    

Here are 5 reasons why employees need performance reviews, even in today’s fast-paced business world.  

  

They are versatile

A performance review can be whatever you want it to be, as long as it works for your business and employees. Formal annual reviews are now a thing of the past. They’re time-consuming and soul-crushing, because they involve traditional review techniques that try to pull together a year’s worth of performance data. Instead, most companies opt for weekly or monthly one-to-one chats.

Some companies even use apps or software, where employees can leave feedback periodically at their own pace, without the pressure of always having to face a superior. Don’t be afraid to experiment with different types of performance reviews, until you find the format which gives you the best results. 


Internal communication is improved