As companies including General Electric and IBM have announced changes to their annual performance reviews meant to foster innovation, it’s interesting to see what younger technology companies are doing to engage their employees and promote learning and development. As the modern workforce is increasingly being driven by knowledge workers, the annual performance review is lacking.
Facebook’s VP of HR Janelle Gale says performance isn’t evaluated by output or actions, but by impact.
Performance reviews at Facebook include just 2 questions: what impact did this person have, and how can they increase it. #CultureinAction
— Josh Levine⚡️ (@akajoshlevine) August 18, 2016
Their method, a biannual 360 review, is forward-facing and encourages managers and employees to have developmental conversations. Facebook also prioritizes getting the right people into management. Employees know having the right person to help them develop and grow their career can make all the difference.
— Reflektive (@reflektive) August 18, 2016
Learn more about Facebook’s performance management in our free resource: