It probably comes as no surprise that employees and managers are not big fans of traditional performance reviews. But what may surprise you is just how much employees despise these reviews — and how they could be driving top talent out the door.
In a recent survey by Adobe, 22% of employees admitted to crying as a result of a performance review. So at any given time, more than a fifth of your workforce could be brought to tears as a result of traditional annual performance reviews.
Who’s crying? This may surprise you as well:
Adobe collected responses from 1,500 office workers.
What may be even more distributing is how adamant some workers are to get away from companies that still conduct traditional reviews:
In total, 55% of employees said they wished their company would get rid of their formal review processes.
The majority of employees said their company’s reviews are dated, stressful and have no impact on how they do their jobs.
The bad news doesn’t just extend to employees. Managers aren’t fans of the review process either — with 66% saying they wish their company would change its current performance review process.
And if your managers aren’t happy about conducting the reviews, it has got to make you question how much effort they’re really putting into making them worthwhile, right?
Some disturbing views from today’s managers:
The good news: Employees and managers acknowledge the fact that there needs to be some process in place to gauge how well employees are performing their jobs.
But rather than a traditional review, employees want: