Gauging performance

The Providence Business News Executive Poll is a weekly survey of 70 business leaders throughout the state, representing small and large companies in a variety of industries. More
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PBN Executive Poll

Gauging performance

Posted 12/31/69

How often do you review an employee’s performance?

• Annually – 68.8%

• Quarterly – 18.8%

• Only when necessary – 12.5%

Does your company offer incentives for employees who perform above the company average?

• Yes – 78.1%

• No – 21.9%

If yes, how?

• Bonuses or raises – 74.2%

• Prizes – 22.6%

• Other/doesn’t apply – 19.4%

• Comp time or extra vacation days – 9.7%

Do you think most employees are compelled to improve their performance after a co-worker has been recognized?

• Yes – 56.3%

• No – 43.8%

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