BirdDogHR Blog How To Implement Real Time Feedback Performance Reviews

Annual performance reviews have traditionally been the main source of employee feedback. You meet with your staff, discuss their work, set goals and then go about your business until the next year. It’s no wonder why relying only on annual performance reviews for feedback isn’t beneficial. Can you imagine if you were only asked really important questions once a year without regard for changes in your work or the company itself? Studies have shown that although managers spend 210 hours per year on performance management, there is zero correlation between those employee evaluations and business results. Performance reviews shouldn’t be disregarded entirely, they just need to be adapted to occur more often and provide real time feedback.