Stop Handing out 5's Like Candy!

EPISODE · Aug 18, 2025 · 12 MIN

Stop Handing out 5's Like Candy!

from Build A Better Business · host Marty Pearson

Those of you that have been in my world for a while know that I am not a fan of annual reviews. Mainly because most companies don’t make the effort to do them well. They pull out the form and check all 5’s so that they don’t hurt the employees’ feelings and treat them as a quick check the box exercise so that HR leaves them alone. And let’s be real—most annual reviews are dreaded by everyone. They’re uncomfortable, they’re awkward, and most of the time they don’t actually improve performance. But if you are willing to put in the effort and do them right - they could.   Today, I am going to walk you through 4 things that will make your annual reviews more effective—and way less painful. 1. Don’t wait all year – use annual reviews as a summary of your ongoing 1:1 conversation. 2. Stop handing out 5s like candy – Normalize Meets expectations as the standard so ratings mean something. 3. Set clear goals – because if they don’t know where they are going, they are already off track. 4. Get the employee’s perspective – self-evals aren’t a hoop to jump through; they’re insight into how the employee sees their performance. Reviews are a chance to celebrate growth, realign expectations, and talk about the future—not just rehash the past. If you stop treating annual reviews like a chore and start using them as a tool for connection and clarity, everyone wins—your employees, your leaders, and your culture. 🎧Don’t forget to subscribe for more leadership and business tips!   The truth is that most managers are expected to lead without ever being taught how.  I've created The Managers Playbook to solve this problem. It's a short practical leadership toolkit designed for real managers working with real world team. It isn't theory or fluff. It's a set of practical, proven tool that you can start using today! https://www.lftconsult.com/the-managers-playbook   Additional Resources: https://www.lftconsult.com/smallbusinesstoolbox https://www.lftconsult.com/transformyourbusiness

NOW PLAYING

Stop Handing out 5's Like Candy!

0:00 12:26

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

MG Show MG Show The MG Show, hosted by Jeffrey Pedersen and Shannon Townsend, is a leading alternative media platform dedicated to uncovering the truth behind today’s most pressing political issues. Launched in 2019, the show has grown exponentially, offering unfiltered insights, comprehensive research, and real-time analysis. With a commitment to independent journalism and factual integrity, the MG Show empowers its audience with knowledge and encourages active participation in the political discourse. Ask A Spaceman Archives - 365 Days of Astronomy Ask A Spaceman Archives - 365 Days of Astronomy Podcasting Astronomy Every Day of the Year French Your Way Jessica: Native French teacher founder of French Your Way Boost your French listening skills and test your comprehension with this one of a kind series of podcasts. Get the chance to listen to a real conversation between native speakers talking at normal speed AND customise your learning experience through carefully designed sets of questions (2 levels of difficulty) available for download at www.frenchvoicespodcast.com. All interviews also come with the transcript. French teacher Jessica interviews native speakers of French from around the world who share a bit of their life and passion. Where else would you meet in one same place a French yoga teacher based in Melbourne, a soap manufacturer from Provence, or a couple cycling around the world? The Small Business Startup School – Business Notes | Financial Literacy | Retail Psychology – For Professionals & Entrepreneurs The Small Business Startup School Inc. Starting or buying a small business? While personal circumstances may vary, business patterns remain timeless. On The Small Business Startup School, we explore strategies, insights, and practical solutions to help entrepreneurs confidently navigate their journey.Hosted by Ola Williams—a retail entrepreneur, fintech founder, and financial coach with over two decades of experience—this podcast marries financial awareness and retail psychology with optimism to deliver actionable takeaways.Join us to learn, grow, and connect as we uncover the keys to business success.Let’s continue to learn together and be encouraged to keep on connecting!
URL copied to clipboard!