Are your employees being rewarded for their good performance? Most likely, they’re not. And it’s equally likely that they’re not happy about that. So, why should you care? Unhappy employees can have a negative impact on the company’s productivity and its bottom line. Read on to learn about how employees really feel about the results of performance feedback from reviews,and what you can do to improve the situation.

Employee’s Feelings about Reviews

In May 2015, the HR services software provider BambooHR surveyed over 1,900 employees. Researchers asked the respondents about their attitudes towards the employee review process. The results of the survey surprised them.

Only 16% of employees surveyed actually wanted to receive feedback during their assessments. And less than 5% of respondents believe evaluations motivate and engage employees.

A large chunk of employees surveyed has very unfavorable opinions of the review process. Over two-thirds of respondents said their managers don’t listen to them during assessments. Sixty-two percent of employees surveyed never see changes implemented as a result of the feedback they provide during evaluations. And 56% don’t receive raises or bonuses when they perform well.

Read more on why 67% Of Employees Feel They’re Not Heard During Their Reviews

Why Employee Unhappiness Matters

You might think, “Well, this survey only represents a small segment of the workforce. And besides, employees aren’t paid to give their opinions.” That attitude could hurt your business in the long run.

When employees aren’t happy with their jobs, one of two things happens: either they become less productive and a demoralizing force at the office or they decide to look for another job. Managers can’t afford either of those scenarios. Low productivity and morale hurt company revenue, and it’s expensive and time-consuming to find new employees.

How to Improve Employee Morale

The researchers at BambooHR discovered what would make employees happier about the review process. They want to be motivated and inspired.

What would motivate and inspire them? Employees want to feel that their managers are listening to their suggestions and implementing them. Moreover, they would like rewards for good performance (such as raises and promotions). And they’d like to be recognized when they do something right. By putting these suggestions into action, you’ll discover you have happier employees who are willing to work harder.

Grapevine Evaluations: Improving the Assessment Process

Do you want to implement a review process that motivates and engages employees?

Contact Grapevine Evaluations today. Grapevine Evaluations are trusted by such companies as Pandora, Macy’s, and Thomson Reuters.

Click here to request a demo.

See our Overview of our 360 Performance Review Software tool.