IT companies across globe are following new methods while companies are not using traditional bell curve system which involves a continuous feedback process throughout the year.
Here are some companies who changed their appraisal system.
TCS is moving to a system of continuous feedback.
Infosys is using new performance system called iCount to reward employees.
Accenture has shifted to new performance achievement’ system.
Wipro is also implementing new evaluation system.
Cisco also shifted from traditional methods to ‘sync up’ conversations between appraisers and appraises.
IBM is performing a new method called Checkpoint for appraisals.
Microsoft’s new system is working on continuous feedback.
HCL Technologies is using feedback-based performance appraisal system.
Google conducts peer group reviews by managers.
Adobe has shifted to a feed-forward process.