Linking appraisals to reward

Hi all, curious for your thoughts pls. Joined an org and they'd like to restart their dormant appraisal system. Personally, I feel you should be appraised informally throughout the year. If you have a formal appraisal system it should be tied to a reward. They are keen to have an appraisal system that doesn't tie to bonus/ raise. Thoughts? And thank you, as always.

Parents
  • And also - I agree with you Sunny that informal conversations throughout the year is the way forward.

    However, I disagree that if you *have* to keep an annual performance review, it should be tied to measures and reward.As Keith has said, that is trying to achieve two opposing aims with one process, and is one of the reasons performance appraisals don’t tend to work particularly well for either employer or employee.
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  • And also - I agree with you Sunny that informal conversations throughout the year is the way forward.

    However, I disagree that if you *have* to keep an annual performance review, it should be tied to measures and reward.As Keith has said, that is trying to achieve two opposing aims with one process, and is one of the reasons performance appraisals don’t tend to work particularly well for either employer or employee.
Children
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