The idea to press the accelerator just before the appraisal season in April won’t work now. Get ready for the surprise appraisals. Now your boss is always watching.
The latest to trigger the trend of frequent appraisals is Adidas India, Germany-based sportswear brand. The company is set to adopt its global appraisal procedure and will discard the process of the annual procedure by next year. “We are in the process of aligning the appraisal procedure with our global policy. We will now appraise our employees after every 90 days,” said Arijit Sengupta, group HR director, Adidas India. The company will roll out the new cycle from next year, 2018.
With the increasing competition and increasing pressure on margins, companies are forcing meaningful conversations throughout the year. In appraisals, when reporting managers appraise their teams on their competencies, it may get skewed basis the recent happenings. “Activities and incidents the managers recall from the last few months often tend to take precedent over actions of the entire year,” said Sengupta.
Also, the new age workforce consists millennial in the majority and to monitor their performance efficiently is key for the future of talent management.
By last year, half yearly and monthly appraisals grew common after companies started discarding the bell curve and annual appraisal traditions, instant appraisal sessions became new fever of the season.
Several companies including RPG Enterprise, BookMyShow, KPMG and majority of technology giants such as HCL Infosystems and IBM among became the first ones to adopt regular feedback systems.
Some companies have turned to quick, app based appraisals while a few other firms appraise employees over regular over a cup of coffee catch-up sessions. At KPMG India, which had done away with the interim appraisal, now allows managers to usually catch up with employees and have a chat on the performance, as and when required.
