A performance review held once a year on the anniversary of an employee's ire date. Anniversary reviews were adopted by some companies to avoid the widespread downtime of performance reviews held at the same time for all employees.
Benefits of anniversary reviews:
The use of anniversary reviews is not commonly used due to numerous pitfalls, including difficulty in creating accurate organizational-level insights due to reviews near concluding, frequent interruptions to workflow due to constant need to perform reviews, difficulty of ensuring fair compensation raises for every employee.
Back to Glossary