As a business owner, you already know the importance of recruiting the best staff. As a leader, you want your team to perform at their best level. Many of you may also use performance reviews to conduct quarterly or annual evaluations of staff work, efficiency, and morale. If you aren’t sure what exactly performance reviews are- don’t worry, we’ve got you covered. Performance reviews are routine evaluations where the performance of a team member is documented and presented to them. This review can either be done in the form of a physical document given to the employee or a discussion given during a one-on-one meeting. Performance reviews can be given daily, weekly, quarterly or even, annually.
Performance reviews serve a variety of purposes. They benefit both the employer and the employee so it is best practice to put a review process into place if you don’t already have one. Think of these like customer satisfaction surveys often presented by stores you may shop at or given online after receiving support from a company. Surveys are a good way to let people know what areas they are doing awesome in and which areas can be improved. To get the best performance out of someone, you must first let them know their expectations. Prior to giving a performance review, it is a fair practice that you give the employee a set of expected tasks or skills that you wish to be completed or learned.
Ideally, the feedback an employee receives regarding his or her strengths and weaknesses will be invaluable to showing how the staff member can put his or her interests and talents to the best use to benefit your company. Employee performance reviews are an easy way to ensure you and your employee are on the same page. In addition, by letting someone know where they can improve you are providing feedback that can improve performance dramatically.
Peer Recognition Programs Rising in Popularity Recognizing employees for their achievements is essential, and you likely already understand this. Recently, many companies have introduced peer-to-peer recognition programs. But what exactly is a peer-to-peer recognition program? It is a system that allows employees to praise their colleagues for their hard work. This kind of recognition not…
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Understanding Vacation Time A recent study by the Pew Research Center found that 46 percent of American workers did not use their vacation time last year. In contrast, many European workers, especially those in France, Scandinavia, and Germany, typically take six weeks of vacation each year. According to Fortune, Americans leave an estimated 429 million…
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Delegation is an important skill that all bosses should possess, but that many fail to ever properly learn. It is a balancing act where the authority and tasks in a business are divided and shared by the boss and his or her subordinates. While delegating may seem counterintuitive, it actually allows you to get more…
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