80%
of employees prefer on-time feedback rather than waiting for an annual review
14.9%
lower turnover rate at companies that provide regular feedback
2.5%
increase in productivity at companies that provide regular feedback
75%
of employees who receive feedback find it valuable
These stats reinforce the idea that timely, constructive feedback isn’t just helpful, it’s essential for engagement, productivity, and retention.
Yet, it’s one of those things that is usually held off till mid, annual or performance reviews… or dare I say it… not done at all.
21%
of managers admit to avoiding feedback entirely
44%
of managers find giving developmental feedback stressful or difficult
