Hastheperformance review process in your 37%ofworkerswithanopinionsaidthat F companyundergone afundamental shift since2020? performancemanagementis an outright I N failure in their company.That’san “F” grade D I whenitcomestotheirperformance,alignment, N G andcareergrowth. 1 Performance reviews are changing. Since Despitethesetrends, only 1in3 (32%)of all 2020,46%of our survey respondents toldus employeestodaysaidtheircurrentperformance their companies haveadded new performance management system helpsthemperform better. management technology(17%),new processes (18%),or both (11%). Thismayaccountforwhysofew employees believe the performancereview processwas This likely reflects eforts on the part of leaders agooduseof theirtime:19% said the to streamline performancedevelopment and process was never a waste of createmoreequitable review anddevelopment timeandefort,and 64% seeitas processes in response tomajor changes in how always or sometimes a waste. weworkandtheongoing talentcrunch. Someof theseeforts are paying of. For Similarly, only 46% of employees said they believe example, employeeswhosecompanies performance managementisasuccess.But implementednew technologyand/or 27%of respondentssaid they didn’t know, and processes were morelikelytosee their another 27%of workers said that performance performancereviewsas fair and unbiased, say managementisafailure in their company. they felt recognized, view performance management as relevant totheir dailywork, If weremovethosewhodonotknow and andweretwiceas likelytofeel theperformance recalculate, that’s 37% of those withan opinion management processwasuseful totheir on their performancemanagement saying it is performance(61%versus 28%). an outrightfailure. That’s an “F” grade when it comes totheir performance, alignment, and H career growth. O M E 2023 Global HR Research Report: The State of Performance Enablement 15