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dc.contributor.authorOakley, Steven
dc.contributor.authorChen, Dandan
dc.date.accessioned2020-11-17T15:58:44Z
dc.date.available2020-11-17T15:58:44Z
dc.date.issued2017-10-01
dc.identifier.other11326122
dc.identifier.urihttps://hdl.handle.net/1813/74565
dc.description.abstract[Excerpt] Over the past decade, organizations have begun to move away from traditional performance management processes (annual reviews, assigned performance ratings, a link to compensation) to remove “performance ratings” based on the perception that traditional PM is not working. As of 2015, more than 55 companies have removed performance ratings. Among those are some high-profile companies such as GE, Microsoft, Accenture, etc. (see Appendix A). According to a study of 244 companies in 2016, almost all companies in the study use ongoing feedback, 52% of companies have adopted ratingless reviews, and 34% of companies use ratingless reviews and ongoing feedback. 80% of participating organizations say that managers make decisions how to allocate rewards without ratings while staying within budget constraints. The perceived impact of these new performance practices is high: 90% of companies that have redesigned performance management see direct improvements in engagement, 96% say processes are more simple, and 83% say they see the quality of conversations between employees and managers increasing. It is noteworthy that the positive impact may not all be attributed to the removal of performance ratings.
dc.language.isoen_US
dc.rightsRequired Publisher Statement: Copyright held by the authors.
dc.subjectHuman Resources
dc.subjectperformance management
dc.subjectratings
dc.subjecteliminating ratings
dc.subjectreviews
dc.subjectperformance ratings
dc.subjecttalent management
dc.subjectrewards
dc.subjectincentives
dc.subjectengagement
dc.subjectemployee engagement
dc.subjectconversations
dc.titleWhat Organizational Changes Have Companies Experienced upon Eliminating Ratings within their Performance Management System?
dc.typearticle
dc.description.legacydownloadsWhat_Organizational_Changes_Have_Companies_Experienced_Upon_Eliminating_Ratings_Within_Their_Performance_Management_System.pdf: 327 downloads, before Oct. 1, 2020.
local.authorAffiliationOakley, Steven: Cornell University
local.authorAffiliationChen, Dandan: Cornell University


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