Covid-19 pushing companies to ditch annual appraisals

While employers feel they don’t get real-time data on team performance, employees feel they need continuous feedback and recognition, according to insights from the report ‘Performance in the New World of Work’, which surveyed more than 250 compan...

Updated: Oct 20, 2020, 10.45 AM IST

More than a third of companies are moving towards quarterly or bi-annual reviews, while two-thirds are re-evaluating present systems. While employers feel they don’t get real-time data on team performance, employees feel they need continuous feedback and recognition, according to insights from the report ‘Performance in the New World of Work’, which surveyed more than 250 companies.