Annual Performance Appraisals Are Deadly for Top Performers
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Annual Performance Appraisals Are Deadly for Top Performers
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Let's face reality: yearly reviews should be extinct. Top performers hate them, and most managers are terrible at delivering them. In business management, annual performance appraisals are standard practice for evaluating employee performance, setting goals, and making decisions about promotions, pay raises, and terminations. However, beneath their seemingly systematic structure lies a cognitive bias that often skews the evaluation process: the Peak End rule. Listen now and learn what to do instead!