Should companies get rid of performance ratings?

The paper "Getting Rid of Performance Ratings: Genius or Folly? A Debate," published in the Industrial and Organizational Psychology journal in June 2016, presents a thorough examination of the contentious issue of eliminating performance ratings from organizational performance management systems. The discussion is structured around a debate that took place at the 2015 Society for Industrial and Organizational Psychology (SIOP) conference, where prominent experts in the field of Industrial-Organizational Psychology discussed the pros and cons of retaining or abolishing performance ratings.

Background

The dissatisfaction with traditional performance appraisal systems is widespread, with over 90% of managers, employees, and HR leaders expressing that these systems fail to deliver the desired