It's probably safe to say that most managers and employees look forward to annual performance reviews as much as they would a painful root canal. Some companies like Adobe
have eliminated them altogether, in favor of less formal check-in conversations throughout the year that focus on ongoing feedback. Here are some other companies that are changing the way they evaluate their workers.
- Microsoft has gotten rid of its "stack ranking" employee evaluation process. Many former and current Microsoft employees consider stack ranking -- reviewing on a curve -- to be detrimental to both career and morale. From now on, Microsoft will be evaluating employees based more on teamwork and collaboration. [url]
- "People analytics" -- a big-data-driven approach to evaluating employees -- is changing the way companies hire, fire, and promote. There are plenty of big companies that have dedicated analytics teams in their HR departments -- Google, HP, Intel, General Motors, Procter & Gamble -- but even smaller companies are getting into the game. So, beware that no matter where you work, they're watching you. [url]
- Yahoo's new employee evaluation process may finally be yielding its first results. The new approach attempts to mimic the more data-driven process used at Google, where CEO Marissa Mayer spent her entire career before becoming Yahoo's latest leader. [url]
If you'd like to read more awesome and interesting stuff, check out this unrelated (but not entirely random!) Techdirt post