{"id":3154,"date":"2019-04-11T10:00:00","date_gmt":"2019-04-11T10:00:00","guid":{"rendered":"https:\/\/sonusbenefits.com\/why-getting-rid-of-your-annual-reviews-wont-work-2\/"},"modified":"2019-06-25T18:27:11","modified_gmt":"2019-06-25T18:27:11","slug":"why-getting-rid-of-your-annual-reviews-wont-work-2","status":"publish","type":"post","link":"https:\/\/sonusbenefits.com\/why-getting-rid-of-your-annual-reviews-wont-work-2\/","title":{"rendered":"Why Getting Rid of Your Annual Reviews Won\u2019t Work"},"content":{"rendered":"

You want to get rid of your annual performance reviews— and rightfully so. Nobody looks forward to those stressful, once-a-year meetings.<\/p>\n

But simply getting rid of annual reviews isn’t a good idea. You’ve got to replace them with something better.<\/p>\n<\/p>\n

The “good” old days<\/h3>\n

The annual review process is clunky and antiquated, harkening back to the days when job security was the norm, employers and employees were happy sticking together for the long haul, and regular raises were pretty much a given. (Two martini lunches may have also been a thing.)<\/p>\n

In this Mad Men<\/a> environment, stability and consistency were the names of the game. Getting together once per year to review standard processes in a standard format was standard fare. Meeting annually to document last year’s performance and this year’s raise was generally seen as good enough.<\/p>\n

But times have changed.<\/p>\n

The workforce is much more dynamic and diverse. Business and technology are rapidly evolving and changing. Processes change. Consumer expectations change. Employer\/employee expectations change. Technology and markets change. And, perhaps most importantly, employees are more mobile than ever.<\/p>\n

If you wait an entire year to discuss employee performance, processes, metrics, needs and expectations, you will be having two completely different conversations. If that person is still on staff.<\/p>\n

In the current business environment, stability and consistency can lead to a slow and painful death.<\/p>\n

An inefficient model<\/h3>\n

Let’s think about things we do once a year, shall we?<\/p>\n