Managers treat performance review as nothing but a waste of time activity done to so Human Resources department can tick off a task from their list.
While for the employee, it is clearly for most hated time of the year.
Performance management is beyond just grudgingly participating in this annual discussion trying hard to justify the missed targets & objectives. It is beyond just concluding salary increments or decrements. It is beyond just meticulous documentation.
Performance management & review should be an ongoing process.
Effective Performance Review Process
Effective performance management is a robust, focused & streamlined system where the employees & the management are working together in regular intervals like a well oiled machine appreciating the rights instantly which boosts the morale and confidence of an employee and the wrongs are nipped in the bud, eventually saving the organization a lot of money.