Is it time to kill the traditional performance review?

12/18/2011 | Wall Street Journal, The

The majority of human resources executives grade their companies' formal performance reviews as average or below average, and about 1% of companies have done away with performance reviews, research shows. Instead of traditional performance reviews, which experts say can intimidate employees and decrease their motivation, companies are experimenting with feedback systems involving weekly, informal meetings and group performance bonuses that aren't tied to individual employee evaluations.

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