Continual Coaching is the Key to Great Performance Management
The trend to ditch the annual performance review is making its way into corporate America. Inc. Magazine’s article, “7 Reasons to Dump the Yearly Performance Review,” provides a compelling argument against the tried and true practice of writing annual performance appraisals. The article stresses feedback, whether you utilize formal annual reviews or not, and the necessity for managers and supervisors to continually coach and counsel their people to great job performance.
Reward Performance the Right Way
Revisit your compensation planning to find ways to motivate and reward employees for a job well done. Performance feedback is important, but you also want to make certain your compensation is competitive to retain top performers and shape a culture of accomplishment. Contact me to get your annual compensation planning review.