Sunday, December 2, 2012

TLC Labs Doesn't Do Performance Reviews

I read an interesting post from The Library Corporation's TLC Labs.

Here's what I learned:
Since we ended reviews, we have seen employee retention improve substantially. A host of other metrics that one could argue would be likely to be affected by “performance management” have also improved. I can’t prove (or disprove) that not doing forced ranking was a major driver of these outcomes, but I feel safe in saying that at the least it has done no harm.
When you see your company asking how they can improve employee retention, try pointing them to this blog post and let them see what happens when people realize the futility of pitting employees against each other.