iStock/Thinkstock(NEW YORK) — Many companies are doing away with that time-honored tradition of the yearly review for employees, and a new study finds there may be plenty more following in their footsteps.
A survey led by software company Adobe, and cited by StudyFinds, notes that the reviews may do more harm than good — and that men are more commonly left in tears by a poor one.
Key Findings:
• 64% of employees and 62% of managers surveyed say yearly reviews were a waste of time.
• Nearly 60% of the workers thought the reviews were “needless” and didn’t help their career growth.
• 61% agree their managers played favorites.
• 20% of workers say a bad review led them to quit.
• 25% of men coped by crying — compared to just 18% of women.
Not surprisingly, millennials, they of the “participation medal” generation, liked reviews the least, with a third of those reporting they’ve quit after a bad review. They also reported crying more after a bad review from their superiors.
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