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Fortune

Paige McGlauflin, Joseph Abrams

The annual performance review is outdated and opaque. That’s hurting both companies and their employees

A man and woman, both wearing business attire, sit on a couch in an office while having a work-related discussion. (Credit: shapecharge—Getty Images)

Good morning!

The end of the year is quickly approaching, and for many companies that means annual performance reviews—and all the agony that comes along with them.

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