Performance reviews! Employees hate them. Managers hate them. Organizations can’t do without them. To make matters more complex, the rules of the review aren’t quite the same during 2023’s shrinking economy that presents serious challenges. As employees battle budget cuts, tanking morale, and fewer helping hands, performance reviews act as engagement, developmental and communication tools that decide if an organization will successfully weather the storm.
What does this mean for people managers conducting performance reviews? Which rules must change to adapt to the times? In this episode, we speak to HR leaders and create a playbook for seamless performance review cycles that will help organizations navigate the downturn—and set them up for success.