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Tech Gets Tough on Employee Evaluations

three at judge's table hold up low score ratings

One company gave thousands of employees subpar ratings in recent performance reviews.

Credit: Getty Images

Performance reviews are the latest frontier in the employer-employee tussle. Large employers are setting higher standards for employee performance reviews, with intentions to weed out underperformers and cut down on rising labor costs.

That doesn't mean organizations should set unrealistically high standards for the sake of cutting workers. Employers should connect organizational development goals with individual goals, according to a McKinsey blog post.

How are leading companies updating their performance management to reflect new business needs and the economic climate? One key theme is a focus on tangible contributions to organizational growth.

From Fortune
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