Great news! At long last, the argument against annual performance reviews appears to be winning. Organisations that have already moved to ratings-free performance evaluations are showing no signs of turning back, and the number of businesses following these trailblazers are swelling fast. However, there still lurks one sticky dilemma that HR professionals are wrestling with… How to eliminate ratings but keep individual performance bonuses.
The human resources industry has been reflecting on the best way to impact todays’ challenges concerning corporate culture and workforce performance in the workplace. As an outcome of this ever-increasing focus, substantial shifts are expected in the ways in which technology can be utilised to identify, engage, connect people and the appropriate measures to be considered thereafter.