• Skip to content
  • Skip to primary sidebar

Header Right

  • Home
  • About
  • Contact

Take the Sting out of Performance Reviews

March 18, 2020 by admin

Manjula P. Modi, CPA - Take the Sting out of Performance ReviewsPerformance reviews. Those two words can make employees sweat and fill managers with a sense of dread. But it doesn’t have to be that way. If performance reviews are handled well, they can provide opportunities for open and productive communication between manager and employee. And the outcome can be rewarding for both.

Too Little, Too Late

These days, reviewing employee performance once a year is generally regarded as inadequate. Experts recommend reviewing performance on an ongoing basis. Whether the actions prompting a review are positive or negative, providing feedback in a timely way is the best approach. The annual review can then serve as an overview of each employee’s progress — or lack thereof.

Attention to Detail

When discussing job performance, vague generalities are unhelpful. The more clearly the parties communicate, the better the chances of improvement are. If you’re doing the reviewing, give your employee specific examples of what he or she is doing right — and wrong. Make sure you can substantiate your comments. And take time to listen.

If you’re the one being reviewed, make sure you understand what’s being said. Don’t be afraid to ask specific questions. If you’re underperforming and there are legitimate reasons why, state them. If you’re meeting or exceeding expectations, discuss what your options are for the future. In either case, make sure you have a clear plan of action by the end of the review — and that you understand what’s expected of you.

It’s a Dialogue

Employee reviews can be very time-consuming. Are they really necessary? They are if the goal is a successful, well-run business with productive employees. There’s a much better chance of success when employees and employers are on the same page and performance reviews are used as a tool for communicating expectations and evaluating progress toward company and individual goals

For more tips on how to keep business best practices front and center for your company, give us a call at 817-741-2383 to learn more, or request a free initial consultation online.

Filed Under: Best Business Practices

Primary Sidebar

Search

Archives

  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019

Categories

  • Best Business Practices
  • Business Tax Tips
  • Individual Tax Tips
  • QuickBooks

Copyright © 2020 · https://www.fort-worth-cpa.com/blog