Increase engagement, develop your people and retain your A-Players
It is critical that as employers you shift your mindset, cast aside that once-a-year time slot for reviews, stop focusing so much on salary, and really make sure that your employees are motivated and growing professionally.
A modern performance review is your best method for quality assurance when it comes to your employees. You’ll be able to ensure that your employees are performing exactly as you expect, and if there are any issues you can address them quickly before they escalate.
A well-structured, modern performance review should focus on:
You’ll be able to ensure that your employees are performing exactly as you expect, and if there are any issues you can address them quickly before they escalate.
Performance reviews are also supposed to help you, the employer, ensure that you have the right people in the right seats at your company and gain traction quickly.
We believe that modern performance reviews should feel less like a formal report card, and more like a forward-thinking approach.
In addition to that, keep the following ‘keys to success’ in mind when you implement a modern approach to your performance reviews:
Modern performance reviews can enhance your level of familiarity with your team, which makes it easier to level-up and build the best workplace environment. This is good in general for morale and individual productivity, and also makes it easier to promote from within…which in turn can save both time and money instead of recruiting externally down the road.
Quarterly reviews are beneficial when it comes to setting goals,too, by enabling shorter-term, practical goals alongside larger ones. Tracking and measuring progress is much more motivating and easy-to-understand when it’s done in a modern way.
The continuous feedback keeps employees more engaged, and excited about their development.
When employers take the time to give individualized feedback, it shows that they care about their employees and want them to succeed. The less robotic (and more conversational and comfortable) you can make your reviews, the better!
Another important element of employee happiness is cultural alignment and employee behaviour. This is something that can be better monitored, and improved upon, with modern performance reviews.
Our outsourced HR professionals work closely with our clients to help them change their performance review system top-down. Our approach is a unique one, and we will work with you step by step to implement it into your organization.