article thumbnail

Should Compensation Be Tied to Performance Reviews?

15Five

Performance reviews can be scary. Sitting down with your manager to go over your performance for the last year and getting feedback is nerve-wracking but essential for employees who want to grow in their careers. Should you tie compensation and performance reviews together?

article thumbnail

A New Look for Performance Reviews

Association Now Leadership

But workers should also be empowered to establish reviewable goals and how to meet them. It’s practically axiomatic at this point that the annual performance review is broken. More regular check-ins are a common approach to getting away from the dreaded annual review, of course.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How to Use Performance Reviews to Motivate Employees

15Five

Now, when was the last time you felt that way after a performance review? It’s no secret that performance reviews have gotten a bad rap in recent years. When done right, reviews can inspire the same motivation and drive in your workforce as that conversation did for you. Here’s how: 1. All done, right? Think again.

article thumbnail

Ensure Fairness and Consistency During Performance Reviews with Calibrations

15Five

Here at 15Five, we know the importance of not only running regular performance reviews, but also in ensuring that the process is fair and equitable. This feature enables HR leaders to compare and adjust performance ratings in real time, right in 15Five. For example, let’s say there are two employees with two different managers.

article thumbnail

3 Tips For Unlocking Employee Career Growth Through Performance Reviews

15Five

That’s where managers come in. For managers, helping employees map out their career goals and uncovering opportunities to lead them in the right direction isn’t easy to do during casual, weekly one-on-ones. So instead, we recommend conducting frequent performance reviews. Focus on impact and purpose.

article thumbnail

Streamline your Compensation Management Decisions with 15Five Compensation Powered by Partners

15Five

One of the biggest challenges facing Human Resource Managers these days is how to equitably and fairly make changes to compensation such as raises and bonuses. Many organizations struggle with complex spreadsheets that don’t connect with their performance software. This situation is obviously not ideal. How does it work?

article thumbnail

How to give better employee performance reviews? Don’t.

Know Your Team

Our take on how to give better employee performance reviews – and what to consider instead. “How to give better employee performance reviews?” ” This is a question I’ve consistently received over the years, and becomes more pronounced as we enter performance review season.