Americans Want Overhaul of Performance Reviews, Says Globoforce
Key insights from the survey include:
• 57 percent of employees reported that the current process for performance reviews was inaccurate as an appraisal of their work.
• 63 percent are most dissatisfied with the review process due to inaccuracies.
• 83 percent of employees who were satisfied with their performance reviews were also satisfied with their jobs.
• Three quarters of respondents both contribute and are informed by crowdsourcing sites (e.g. Yelp, Amazon, TripAdvisor).
• 80 percent think that accurate performance appraisals include crowdsourced input and feedback from their direct supervisor.
• 76 percent think that crowdsourced feedback from recognition would improve performance reviews.
• 83 percent of respondents want feedback from more than just their manager.
• 73 percent prefer unsolicited, rather than forced, feedback.
• 89 percent prefer positive over negative feedback as a means of motivation.
“These results clearly indicate that employees would welcome crowdsourcing to enhance the traditional performance review,” said Eric Mosley, CEO of Globoforce. “The traditional annual performance review is rooted in what could fairly be termed as a single point of failure. Through inspired and objective feedback across an organization, employees can receive the accurate performance evaluations they have long sought.”