Using Performance Reviews In A Down Economy

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Executive Summary

It is at times like now that employees' performance in the workplace defines the margin between profit and loss. This is where performance assessments come in - when an employee does not put enough effort into his or her assigned tasks, your business loses potential revenue. In a down economy, a business cannot afford a major loss. This is why you need to determine who is an asset to your company and who is a liability. Performance reviews are not only valuable to employers, but they are important to employees, as well.

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