It’s old hat to say formal, annual performance reviews are declining: more than 70 percent of companies interviewed for Deloitte’s 2017 Global Human Capital Trends report confirmed they were getting rid of them. So, what’s next? Informal feedback, coaching, conversations, and check-ins. IDG surveyed 1,500 HR decision makers, managers, and employees, and this is what they found:
- 88 percent of employees at firms with informal processes say they’re more satisfied with their jobs
- 86 percent are more likely to recommend their companies as a “good place to work”
- 78 percent say the feedback they receive is more motivating
- 89 percent feel more positive about how information is shared
However, most organizations aren’t prepared for this kind of performance management. Of the HR leaders surveyed, 62 percent are struggling with how to build up competency in feedback and coaching skills.
Is your organization ready for informal performance management?
We put together this white paper to help you build a campaign by understanding:
- What HR leaders, managers, and employees think about the informal approach to performance management
- How to build digital campaigns into your employee communication strategy with a helpful guide
- Best practices for using a campaign-style approach to communicate new performance processes and philosophy
Make your performance management perform better for your organization.
Get the IDG White Paper Today