Performance reviews made easy
Streamline your performance reviews so you can see business results.
Today’s workplace looks a lot different than it did 50 years ago. In the past, it was not uncommon for employees to work at one company for most of their adult lives and retire with a pension plan. Employee loyalty isn’t just practiced; it was ingrained in the work culture.
We can’t say the same for today’s work culture, where change is the new norm and expected. And, there are a couple of good arguments for changing jobs, one being that people who change jobs can get a raise of 10 – 20% just by switching to a new company. What’s worse is that employees who stay in organizations longer than two years get paid, on average, 50% less. How is it fair to those who are loyal to make less over the course of their lifetimes?
The problem begins with the failure to recognize performance and reward it accordingly, and the solution begins with effective employee evaluation.
John Bersin, a contributor on Forbes.com, wrote a great article on performance reviews and what needs to change. For one, Bersin writes:
“Managers cannot typically ‘judge’ an entire year of work from an individual at one time (imagine if your spouse gave you an annual review!), so the annual review is awkward and uncomfortable for both manager and employee.”
So, how do we create effective employee evaluation programs? By revamping the entire program into something that will drive efficiency, create opportunities for improvement and make employees happier, leading to employee loyalty.
Here are seven tips for creating an effective performance review program.
Interested in creating an effective evaluation program in your organization? Request a free trial of SFS Pro, an employee evaluation software that streamlines employee evaluations to drive improvement and organizational efficiency. Our software collects data in a meaningful way to collect data that will drive results.
Interested in revamping your performance reviews? Request a free trial of SFS Pro today: