In the past, managers conducted performance reviews once every year. It was a formal process that could take a day or week because managers from different departments had to conduct reviews on all their employees. But it seems things are changing as managers take a more relaxed approach. Here are a few examples that show why formal performance reviews may be no longer necessary.
Nintex
Nintex is a digital transformation company based in Washington. It provides automation solutions for businesses. The head of presales at Nintex, Vadim Tabakman, has talked about how the company is shifting to more direct reviews. Managers interact with their team members on-site and try to find out how to improve their services using a centralized system to write down what they expect from an employee. The employees can access the system anytime to see the manager’s comments.
Udemy
Udemy is an e-learning platform that has helped thousands learn new skills. Cara Brennan Allamano, the head of human resource at Udemy, says that they’ve had to change how they do reviews during this COVID period. The company is considerate of employee responsibility. They know that some employees have children to take care of. As a result, they tailor their expectations around the employee’s schedule. This approach makes Udemy employees more flexible and approachable.
Intel
According to Julie Ann Overcash, the head of human resources at Intel, performance reviews were already becoming a thing of the past before the pandemic. The company realized it was more effective for managers to have one-on-one conversations with team members. The talks are centered on three things: learning, results, and culture.
Due to the COVID pandemic, the company conducts remote reviews every week or month, depending on the department.
Keystone Partners
Keystone Partners used to have a formalized review process. According to the managing partner, Elaine Varelas, they have switched to doing reviews twice every month. The managers have expectations for the employees, and every day there are a series of tasks that workers are supposed to complete. The company allows workers to be flexible with their time as long as they finish the required tasks within 24 hours.
The company is more open to its employees during these tough times. Managers are encouraged to seek the input of workers to make them feel appreciated.