Performance Review

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Business

A performance review is a systematic evaluation of an employee's performance in the workplace, typically conducted by a supervisor or manager. This process is essential in the realm of business as it helps organizations assess employee contributions, identify areas for improvement, and align individual objectives with organizational goals.

Purpose of Performance Reviews

The primary purposes of performance reviews include:

  • Evaluating employee performance against established standards.
  • Providing feedback to employees regarding their strengths and weaknesses.
  • Identifying training and development needs.
  • Setting goals for future performance.
  • Facilitating communication between employees and management.

Types of Performance Reviews

Performance reviews can take various forms, each suited to different organizational needs:

Type of Review Description Frequency
Annual Review A comprehensive evaluation of an employee's performance over the past year. Once a year
Quarterly Review A review that focuses on performance over the last quarter, allowing for more frequent feedback. Every three months
360-Degree Feedback A holistic approach that gathers feedback from various sources, including peers, subordinates, and supervisors. Varies
Self-Assessment Employees evaluate their own performance, often used in conjunction with other review types. As needed

Performance Review Process

The performance review process typically involves several key steps:

  1. Preparation: Managers gather relevant data and feedback regarding the employee's performance.
  2. Evaluation: Managers assess the employee's performance against predetermined criteria.
  3. Feedback Session: A meeting is held to discuss the evaluation, provide feedback, and set new goals.
  4. Documentation: The review is documented for future reference and to track progress.
  5. Follow-Up: Regular check-ins are scheduled to monitor progress towards goals.

Criteria for Evaluation

Common criteria used in performance evaluations include:

  • Quality of Work: Accuracy, thoroughness, and attention to detail.
Autor:
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