The case for performance reviews
Managers who involve employees in goal-setting are 3.6x more likely than other employees to be engaged
Employees who receive daily (vs. annual) feedback from their manager are 3.0x more likely to be engaged
Engaged employees generate 43% more revenue than disengaged employees
Source: Adapted from Hay Group 2009, MacLeod 2009, IMB 2015, CLB 2008
High engagement can lead to 3x profit growth, reduce staff turnover by 87% and improve performance by 20%
© Andrew Knight, 2022
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