What's the alternative, exactly? You still need some way to tell people whether they are promoted or how big a bonus they get and why it happened that way. Whether you call that communication a "performance review" or not seems like an irrelevant detail.
> You still need some way to tell people whether they are promoted or how big a bonus they get and why it happened that way. If you've been giving them actionable feedback throughout the year, then it should be as simple as "here is your new salary and your new title" and no one should be surprised about anything.
Performance Reviews Are a Waste of Time
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Re: Performance Reviews Are a Waste of Time
#92What's the alternative, exactly? You still need some way to tell people whether they are promoted or how big a bonus they get and why it happened that way. Whether you call that communication a "performance review" or not seems like an irrelevant detail.
Re: Performance Reviews Are a Waste of Time
#93I was a young employee during a recession, and finding work was difficult. When I landed my first job I was I was grateful and focused on ways I might make my work contribute to the company's bottom line, by pushing the limits of my job description and tasks to ensure my role impacted revenue and value creation. I appreciated training and feedback, but forced myself to deliver results autonomously through self-teachi…
When I was broke and had no connections, I was willing to work the way you described.
Now that I have options, I'm not willing to expend that energy when I could save it for gym, girlfriend, self-education after hours, etc.
If I'm broke and need to switch to another industry or you're paying me multiple times my next best offer I'll do that.
Otherwise, no, my manager needs to do his job instead of asking me to do it for him
That said I'm now entering a graduate school and am willing to do that in this context because I'm intrinsically interested in learning the applied math I'll be working on
Software jobs, no
You would probably need to hire people who are interested in running their own business im a few years and mentor them towards that end to get that kind of commitment in my opinion
Re: Performance Reviews Are a Waste of Time
#94Earlier quoted context omitted.
Not everyone has the skills to run their own business. Some people prefer to be part of a team and not at the top of the pyramid. They get satisfaction by contributing.
I'd say that, in the professional world, most want to be part of a team because they want to trade the upside potential for stability and shorter, more predictable hours and a smaller, more defined scope of responsibility. You can't expect "change the world" passion from these people when they've traded that away as part of the bargain.
Re: Performance Reviews Are a Waste of Time
#95I was a young employee during a recession, and finding work was difficult. When I landed my first job I was I was grateful and focused on ways I might make my work contribute to the company's bottom line, by pushing the limits of my job description and tasks to ensure my role impacted revenue and value creation. I appreciated training and feedback, but forced myself to deliver results autonomously through self-teachi…
> I try to hire the same type of person. It is a profile increasingly hard to find. Anyone with your profile should run their own business. It's unrealistic to expect somebody to work long hours, over-deliver for "maybe someday"-promises. People aren't as idealistic as they used to be because they were taken advantage of and learned from it.
Those of us that are trying to build high-performing organizations will still avoid and remove those types of people. And we will continue to reward and not take advantage of our people to fill our end of the bargain.
Further, those of us that are also highly self-motivated will continue to leave bad situations, not become slackers in response to being taken advantage of.
Re: Performance Reviews Are a Waste of Time
#96I was a young employee during a recession, and finding work was difficult. When I landed my first job I was I was grateful and focused on ways I might make my work contribute to the company's bottom line, by pushing the limits of my job description and tasks to ensure my role impacted revenue and value creation. I appreciated training and feedback, but forced myself to deliver results autonomously through self-teachi…
Alas it even caused me harm in college, teachers weren't very welcoming my enthusiasm.
Re: Performance Reviews Are a Waste of Time
#97Earlier quoted context omitted.
Not everyone has the skills to run their own business. Some people prefer to be part of a team and not at the top of the pyramid. They get satisfaction by contributing.
It's in their best interest to acquire those skills, or keep being taken advantage of. A binary choice - that's the world we are living in right now.
Re: Performance Reviews Are a Waste of Time
#98I disagree with this dudes blog. I love my reviews. I seek criticism so that I can improve and like the positive feedback because it helps motivate. But maybe I am an outlier. And as a person who has to give reviews, I want to tell people where they need to work on and praise their strengths. I tend to work with people from East Coast finance world, and they not too keen on the touchy feely story telling stuff. Its s…
My concern (which I think is at least partially shared by this blogger) is the rigidness of formal annual reviews. A formal review should contain no surprises—if a formal review is the first time you've heard a certain piece of feedback (especially negative), then your management is shirking one of their primary responsibilities. Given an environment where feedback is frequent and useful, the formal annual review bec…
Reviews can also be an opportunity for the direct report to get career plans in writing from their boss. For instance, if you want a promotion to X, the result of the review may be a written plan by your boss on how you can achieve that promotion.
Re: Performance Reviews Are a Waste of Time
#99We tend to remember most recent things and assign them greater value. This means that if a below-average colleague did something phenomenal a month before the review, they will receive a more favorable review. Along the same vein, if a well-performing colleague slips up right before review time, this will unfairly penalize her. Annual performance reviews are bad because they are done 50 weeks too late.
We've been trying to address this at the current company I am working with. At 15Five we are building tools for continuous employee feedback and performance assessment.
There should be multiple communication processes going on all at once, with different cadence, that all add up to one's perception of an employee's performance.
We have weekly check ins, which are meant to be answered in less than 15 minutes and reviewed in less than five (hence the name!). People set goals one week and rate them the next. This has a biweekly cadence. Longer terms objectives and key results can be tracked as well, usually on a monthly or quarterly. All this feeds into a performance review, which ideally should happen quarterly, but can be done less often. The difference is that you don't spend a week before the performance review is due trying to remember how each of your team members did. You have that right in front of you, as you've spent the last X months interacting with them, having conversations, and earmarking notable feedback and conversations.
Our customers are happy with this process as an alternative to annual performance reviews.
Re: Performance Reviews Are a Waste of Time
#100I was a young employee during a recession, and finding work was difficult. When I landed my first job I was I was grateful and focused on ways I might make my work contribute to the company's bottom line, by pushing the limits of my job description and tasks to ensure my role impacted revenue and value creation. I appreciated training and feedback, but forced myself to deliver results autonomously through self-teachi…