Continuous Feedback & Recognition (CFR)
Meaning & Definition
Continuous Feedback & Recognition, or CFR, is a continual HR function of providing ongoing feedback and recognition to employees from peers and managers at the point of performance on a real-time basis. Rather than waiting for an annual performance review, CFR encourages ongoing dialogue, expresses appreciation and provides performance guidance throughout the year.
Important features of CFR
- Liberal, consistent, and real-time feedback improves employee performance.
- Timely recognition contributes to employee confidence.
- Removes dependency upon annual performance reviews.
- Strong manager-employee communication.
- Creates a culture of continuous improvement and engagement.
Compliance Requirements
No statutory compliance exists directly under the CFR in India. Although such CFR practices will usually be compliant with any existing internal employment practices related to performance management & employee engagement or other company-wide human resources policies.