I'm keen to find out how other business conduct their annual appraisals.
We're a financial services business of c150 and have had the same appraisal process for the last few years - annual review in April and an interim in October. I'm always met with the same collective *sigh* from the Managers when I announce it's appraisal time and after prodding for some actual feedback this time, everyone seems to think the form is too big, the process too time-consuming and isn't specific enough for each department, and the reviews aren't really achieving much. Everyone agrees appraisals are important and necessary, but they also agree what we have isn't working!
I've already got some thoughts about how to change this, but I'm eager to find out if anyone else has recently had an overhaul of the way they do appraisals, and if so, what works?
(for reference, our appraisal scheme/process isn't currently linked with pay increases)
Thanks in advance!