Deloitte Joins Adobe and Accenture in Dumping Performance Reviews
blog.impraise.com
blog.impraise.com
Is there any better source for this?
I admire the intentions, but I'm a little cautious about what comes after. Tried to read the article, but got tired of the words/marketing slant, and the hbr link posted in a different comments wasn't working when I tried it.
Replacing performance reviews is a huge endeavor, I didn't really get the feel from this article of the definitive thing they found that enabled them to do it without making everything worse
http://blogs.seattletimes.com/microsoftpri0/2013/11/12/micro...
I have as little insight into the process as before. We get to do performance paperwork more often, but the process that turns that into money is as opaque as it ever was.
That may seem like a wisecrack, but it's actually based on engineering maxim "don't change what works". Since in corporations most things work somehow, any change is bad.
Except, of course, when it isn't. However, one should always understand the rationale for the original solution before making some change. This is actually impossible for mere mortals (with their limited brains, even if they have MBA) to do properly on company-wide scale for largish companies. From this follows that best course of action to be taken by upper management is to never initiate any change, lest the problem is not well understood.
Unfortunately, such philosophy doesn't really lend much credence to upper management's existence, therefore it's unlikely to be adopted.
I put quotes on those words because I find they're usually just corporate excuses to not pay someone what they could be worth elsewhere. That's totally the company's right by the way, not complaining about that, it is in their best interest to pay you as little as is necessary just as it is in your best interest to be paid as much as necessary.
But what it did do was enable you to at least have something as a sticking point when it came to review time -- "My performance this year has definitely been not-bad, as demonstrated by my contributions to x, y, and z projects, when is my raise coming" is something I feel like you can at least say if there is a formal performance review process in place. Once there is no performance review process, it's not clear when you would even say that?
Worst case I can only imagine a world where the yearly review (and with it the yearly expectation for higher pay) was no longer a thing, and the mentality that talking about pay/asking for more of it became/stayed somewhat taboo.