Why should I have a performance review process?
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.