Beyond the Annual Review: The Transformative State of Performance Conversations - HighGround
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Beyond the Annual Review: The Transformative State of Performance Conversations

HighGround research reveals what employees and manager expect during performance conversations.

Beyond the Annual Review

Many companies are moving away from the traditional annual review process and toward a new model built around frequent, collaborative communication between managers and employees. But what does this new approach to gauging performance look like – and what does it mean for the future of performance management?

We launched a study to understand what the evolution of performance management means for people on both sides of the table. Through separate surveys of 525 managers and 525 employees, we uncovered new insights about the state of coaching conversations and goal-setting.

  • While most managers are holding more frequent performance conversations with their employees, there’s a one-sided communication problem. Only 43 percent of managers use performance check-ins to ask their employees, “How can I be a better manager to you?”
  • Annual reviews may be dead, but in-person check-ins are still going strong. 78 percent of managers and 69 percent of employees say they prefer in-person check-ins to other methods like emails, instant messages, or formal reports.
  • The significant majority of millennial managers – 82 percent – have their employees set performance goals quarterly or more frequently.