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Whether you are the manager or the employee, you should already know what a performance review is, but sometimes we may need to revisit and reevaluate what a true performance review should consist of and why we have the process in the first place. A performance review is an essential component of a successful performance management program. The performance review is designed to provide feedback and to:
  • Identify whether your employee is meeting job requirements/expectations for the current performance period.
  • Strengthen the manager-employee relationship, as a clear understanding of performance that now exists.
  • Reveal your employee’s perspective regarding performance related issues.
  • Outline goals, development, and future direction.
The main reason we have a performance review process is that it provides an open forum for you and your employee to communicate. Other purposes for a performance review process include the following:
  • You can praise and positively outline your employee’s contributions to company success.
  • The performance review is designed to work for your employee and consider professional development and career aspirations.
  • Your employee is challenged to perform, grow, and establish direction for the future.
  • You can integrate employee and company goals to achieve success and reinforce organizational values.
No matter how many performance reviews you have written or received, it is always a good idea to refresh your knowledge on what the performance review is and why we do it. Watch for new postings on workforce strategy here on our blog, as well as Facebook, LinkedIn, and Twitter.