Performance Appraisal. Performance Review. Annual Review… There are nearly as many monikers for it as there are stars in the sky but what it really means is the annual demotivation farce which is perpetrated by employers on their employees.
What it boils down to is an asymmetric negotiation about pay and benefits in which the employer holds all the power and the employee must justify their contribution to the company in order to secure a better future for themselves. It’s archaic, unfair and frankly downright distasteful. We need modern enterprises to evolve beyond that.