Tag Archives: human resources

Scrap Your Company’s Performance Appraisal System

Many of us blindly accept the premise of the performance appraisal system and do not question its effectiveness. In his article, Don’t Redesign Your Company’s Performance Appraisal System, Scrap It! Fred Nickols advocates dumping the entire system. He believes the hard costs (billions of dollars annually) and unknown soft costs are not worth the return […]

Why Do Companies Implement Performance Appraisal Systems?

There are many reasons companies implement performance appraisal systems and many believe the performance appraisal systems are a valuable part of their organizational structure and company culture. Performance reviews are in place for a lot of reasons, including: Provides a hierarchical management tool. Ranks employees for proper compensation increases and promotions. Provides needed feedback to […]