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Employee performance rating dies slow death
Companies are scrapping the annual evaluation cycle and replacing it with ongoing feedback and coaching. PHOTO | FILE
Widespread ranking and ratings-based performance management is damaging employee engagement, alienating high performers and costing managers valuable time.
A Deloitte 2015 Human Capital Trends survey shows that just 10 per cent of respondents believe that the performance management process within their organisation is a good use of time. In other words, 90 per cent think it’s a waste of time.
