Recent Forum Topics

« All Events

  • This event has passed.

The Hidden Costs of Annual Performance Reviews (& The 3 Biggest Risks of Initiatives to Change Them)

October 25, 2023 @ 11:00 am - 12:15 pm

210 hours (nearly 5 weeks!). That’s how much time, on average, each manager spends each year on annual performance reviews. Employees each spend about 40 hours a year. All that, and only 5% of managers and 10% of HR leaders find the annual appraisals effective. Those are the (shocking) obvious costs. What about the costs we don’t see? Over the past 10 years, big companies, including Deloitte, Accenture, Adobe and Microsoft, have done away with traditional performance reviews. But most employers – large, small and in-between – maintain the practice. Join  fellow executives (including some who’ve experimented with performance management options) on Wednesday, October 25th at 11:00am ET for an off-the-record, virtual conversation about what the status quo is currently costing your organization, the pros and cons of different approaches, and the risks to pay attention to when you implement any change to the process.


October 25, 2023
11:00 am - 12:15 pm