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Performance Appraisals
Performance appraisals have traditionally been considered the best way to an employee's performance, but increasingly organizations are finding them of little . Employees find them stressful and unhelpful. Importantly, they also take up a lot of time. When Deloitte analyzed their own , they found managers and employees spent around 2 million hours a year on performance reviews. A growing number of companies have decided to performance reviews altogether, instead introducing more regular catch-ups.
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