Performance Management

Snapdeal replaces yearly employee appraisal with trimester reviews

Snapdeal is replacing annual employee appraisals with trimester reviews, as one year becomes too long a period to evaluate staff performance in an industry which is on a fast growth path with quickly changing priorities and challenges. The new system means the 5,000-odd employees at the Delhi-based ecommerce company will go through performance appraisals and goal-setting every four months, in line with Snapdeal's own way of fixing its business targets. 

Read Economic Times full report here.

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