In general, more frequent feedback is more effective in
all cases in which you are trying to affect a person's behavior. This is because more
frequent feedback is more immediate and therefore more
meaningful.
If you are trying to get a person to perform
better, you will want to let them know how they are doing quite often. This is good
because it will give them feedback very soon after their actions. It is also good
because it allows them to try to make changes and then get feedback on those changes
relatively quickly.
By contrast, if you only review someone
once a year, the connection between performance and reward will not be immediate and
will therefore be less meaningful--it's less meaningful to say "remember what you did 6
months ago" than to say "let's look at what you did last week." The person will also
not get any feedback on any changes they make in their performance for another year.
Therefore, the longer time between reviews will be less
effective.
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