News: Snapdeal replaces yearly employee appraisal with trimester reviews

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. 

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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Topics: Performance Management, #Corporate

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