performance report

It's once again time for the annual ritual of fear and loathing, also known as the performance review — at least for the companies that still do them.

Many have abandoned the old way of evaluating their employees in recent years. Last year, even General Electric — whose former CEO Jack Welch championed the system often known as "rank and yank" — did away with its annual review.

What's taking the old system's place? A hodgepodge of experiments, essentially.

In a first-ever report, the Pennsylvania Department of Transportation received high marks for 'safety' and 'accountability,' a middling grade in 'mobility,' and a poor assessment in terms of 'preservation and renewal.'