Update annual-review-process.md (#1408)

* Update annual-review-process.md

change to annual season process

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company-policies/annual-review-process.md

@@ -13,8 +13,14 @@ Our regular feedback and review cycles help us accomplish this. The process isn'
 
 ## How it works
 
-In your review month, you will receive an invitation from Culture Amp at the beginning of the month. You will be asked to nominate five peers to give you feedback. You will also receive a link to fill out your self reflection about the previous year. Once you have nominated your peer reviewers, your manager will approve and/or add additional reviewers. Your peers and your manager will fill out the review form over the next few weeks. Toward the end of the month, you will receive a form containing the feedback, some notes from your manager, and logistical information, including any compensation changes and data about your hours and utilization over the past year.
+We have an annual review season and reviews are delivered in the last two weeks of April. In Culture Amp, you will do a self reflection about the previous year and two of your peers will give you feedback. Your manager will take that feedback and complete their review as well. Your manager will meet with you to discuss the feedback and any compensation changes and data about your hours and utilization over the past year.
 
 ## When it happens
 
-This retrospective is conducted once per year, usually near the team member's initial start date.
+The review season starts in January and concludes in April with reviews being delivered. Below are the phases and who is involved in each phase.
+
+Phase 1: Prep (PeopleOps)
+Phase 2: Reflect and Feedback (Entire Team)
+Phase 3: Analysis (PeopleOps and Leadership)
+Phase 4: Approvals (PeopleOps and Executives)
+Phase 5: Review Delivery (Entire Team)