Performance appraisals have traditionally been considered the best way to…

Performance appraisals have traditionally been considered the best way to 1 and employees performance, but increasingly organizations are finding them of little 2. Employees find them stressful and unhelpful. Importantly, they also take up a lot of time. When Deloitte analyzed their own 3, they found managers and employees spent around 2 million hours a year on performance reviews. A growing number of companies have decided to 4 performance reviews altogether, instead introducing more regular catch ups.