Performance ratings have been the norm in corporate practice for decades. But now there’s a move to shift from numeric rankings and grading labels toward a more nuanced conversation to evaluate work.

Numerous companies are dropping simplified categories in favor of richer conversations to enhance performance by employees and employers alike. Exhibit A: GE, long looked to as an example of corporate management, introduced ratings-free reviews for 30,000 of its 310,000 employees over the past couple of years, according to the Wall Street Journal. And the results have been positive: an internal report concluded that pay and promotions were awarded effectively, and that both managers and employees preferred the new approach.

Read more: http://bit.ly/2aO3T9R

© 2016 | 3BL Media | All Rights Reserved