Employee performance review encourages the employee to invest more efforts and achieve goals assigned to them. It is an evaluation of the performance of an employee during a given period of time. Employee performance management plays a vital role in increasing the efficiency of the employees. There is a thin line of difference between performance review and performance appraisal. Performance appraisal is an annual procedure that determines the salary increment and rewards to be given to the employees for their hard work and goals achieved in a financial year. Performance review can be done on a monthly basis to keep a tab on the progress of employee performance and assist the employees to overcome challenges affecting their performance.
Let’s dig a little deeper and discuss few essential elements that need to be considered while reviewing an employee’s performance:
Honest and clear feedback
An essential element of any evaluation is honest feedback for the employee. An honest review assists the employee to have a clear understanding of the situation as it is. Each employee cannot maintain a consistent performance throughout the year. A clear feedback mucks in with motivation and increases the productivity of the employee. It is of utmost importance that the review is comprehended in simplified paragraphs as a complex review can perplex the employee.
Choosing words with caution
Choosing the wrong word can be interpreted with negative connotations. So, it is compelling for the superiors to choose words with caution. Language plays a crucial role as a statement said or written with good intentions but framed with imprecise words can connote a negative impression and demotivate the employee. It is important to have a layout of the employees’ skills and key responsibilities to know the competencies that the team may possess.
Unbiased feedback
Every employee is not obligated to work for 12 hours or have to achieve the same set of goals which implies that every employee cannot be reviewed in the same manner. Each employee has a different set of goals and duties to perform. Web-based applications are designed to proffer a dashboard allocated to each employee which can be accessed using the credentials provided by the IT team. These dashboards empowers the employee to keep a tab on the projects & assignments and notify the managers and team leaders about the progress of the tasks. It assists the superiors to track the performance of the employees and make unbiased decisions on increments and promotions. An honest review based on the employees’ performance updated on the software builds a transparent bond between the employee and the employer.
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Alignment of goals
Surveys indicate that “93% of the employees in an organization desire for recognition.” Distribution of goals in an organised manner assists in managing employees KRA and KPI. Goals aligned in a simplified manner structures team goals, individual goals and organizational goals. It defines the employees’ individual responsibilities and establishes their role in the organization. It empowers the employee to keep a tab on his/her performance and motivate themselves to function effectively increasing the productivity of the organization.
Streamlined feedback
Employees’ performance reviewed on a regular basis imparts a very clear impression of the organization. It gets easier for the employees to keep a tab on their performance. It highlights the challenges faced by them that decrease their productivity. Human resource management team assists the employees to overcome the challenges by providing the required resources and counsels them to increase their efforts and performance. Streamlined feedback aids in recognizing the employees’ hard work contributed to the organization.
Employee performance management plays a vital role to ensure smooth functioning of the organization. Performance reviewed on a regular basis assists the human resource to keep a tab on the loopholes adversely affecting the employee performance. It is also used to take direct action and increase the productivity of the organization, thereby ensuring employee satisfaction.