As more and more companies get rid of performance ratings, one questions remains: How do you manage compensation without employee ratings?
The truth is, performance ratings systems do not work. While they can benefit top performers, performance ratings create a toxic culture that is not conducive to skill development and learning. Studies show that employees with both low and high ratings can lose up to 85% of their motivation to improve.Anyone who scored less than perfect dropped in engagement by 85 percent. Click To Tweet
In this e-book, we’ll cover how some companies have successfully moved away from ratings to modernize their performance management.
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