Bringing in a new change which aims to enhance productivity of the employees, IBM has abolished its annual appraisal assessment and replaced it with a Checkpoint appraisal system. In the new system, employees will be subjected to four yearly reviews and will be rated on a scale of five.
This will give an immediate feedback to the employees and let them improve their skills. The checkpoint will consider the following aspects of an employee’s performance; Business results, impact on client success, innovation, personal responsibility to others and skills.
The system will now ensure that employees perform in all the quarters of the year and not just one good quarter performance.
The announcement was made by Virginia Rometty, CEO, chairman & president, IBM in a townhall which was held in Bangalore for its employees.[source]