For most businesses, performance reviews are used to support decisions related to career development, compensation, promotions and employee terminations.1 They generally consist of setting clear and specific performance expectations that would be addressed in the following years’ review. However, many companies are replacing annual performance reviews with quarterly performance reviews— and for good reason! Waiting a year to get feedback from your manager can sometimes cause the employee to get further off-track than they would be if they had a quarterly check-in. With more frequent reviews, employees can address mistakes and learning opportunities in real-time. In addition, managers can see how employees performed relative to
California small businesses still unclear on provisions of healthcare reform law, poll finds
A poll commissioned by supporters of the healthcare law finds that 57% of small businesses surveyed are unfamiliar with new tax credits that small employers can use to offset the cost of an employer-provided health plan. Also, 62% did not know about new state-regulated insurance markets. March 20, 2011|By Noam N. Levey, Washington Bureau Nearly a year after President Obama signed his landmark health overhaul, most small businesses in California are still unaware of provisions in the law designed to help them provide their employees with health benefits, according to a new poll. The survey of more than 800 businesses with fewer than 20 employees