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A Remedy for the “Underperforming” Performance Review

  • Madison
  • Feb 5, 2021
  • 1 min read

October 26, 2015 | By Mike Ryan


Presented by: Mike Ryan, Senior Vice President, Client Strategy

The current performance review process is ineffective: Executives find fault with it, managers rank reviews as one of their most disliked tasks, and employees distrust the process.


Whether you are looking to do away with yours completely or are simply thinking about revamping it​ social recognition is the remedy. So how can we help you eliminate the reviewer bias that creeps into your process and make it more transparent and actionable for all?


In this Webcast, Mike Ryan will examine how social recognition:

  • Eliminates the unfairness of a “single evaluator” model

  • Encourages and captures multiple points of view

  • Offers feedback and direction that is more actionable

  • Makes the entire process more efficient and transparent for everyone involved

  • Aligns perfectly with agile performance processes




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ABOUT THE COMPANY

​Nearly five decades ago, our founder, Werner Haase, started Madison in 1975. Beginning as an incentive company, Madison had the first internet-based sales contest in 1995, followed a few years later by the first consolidated recognition web portal application.

 

Madison has evolved through consistent organic growth from a starter incentive company in the 1970s to a leading global social employee recognition and incentive company.  

Madison is a proud Employee Stock Ownership Plan (ESOP) company. Through our ESOP, employees earn shares in the company over time, creating an added retirement benefit that grows alongside Madison’s success. With ownership comes a deeper commitment in the work we do and the clients we serve.

 

Partnering with an ESOP company means working with people who truly care—because when we succeed, we all share in the rewards.

CONTACT

315 Madison Avenue

New York, NY 10017

212-758-4385

info@madisonpg.com

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