You may find yourself asking “Why is developing the performance review so significant?”. A performance review can easily have a long-term impact on your employees, so here are some factors to keep in mind when developing your performance review:
- Perception of job performance.
- Growth and development.
- Ability to be motivated to perform job requirements.
- Capability to be retained.
- Capacity to modify behavior to achieve desired business results.
- Salary increases.
- Future promotions.
- Allow sufficient preparation time for each performance review.
- Distribute a copy of the performance review to each employee before being reviewed.
- Explain the importance of the self-evaluation process to each employee.
- Define how performance is evaluated (i.e., exceeds, meets, does not meet expectations).
- Review performance review form completion steps with each employee.