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.
