Annual employee reviews can be so much of a hassle, that many managers wish there was an alternative review process. Fortunately, there's a great new alternative format for assessing the progress of your team members. It allows managers to bullet-point key areas to discuss with employees and isn't just limited to annual reviews. Think about incorporating this new review process after an assignment, before a promotion or role change, or even as a quarterly assessment.
Consider these 6 Key Points When Reviewing Your Team Members:
- The 3-5 Core Deliverables of the Role—This does not reflect on the employee. This is an evaluation of the impact the role makes on the department or business. For small businesses, this generally relates to income, cost, operational performance and customer satisfaction.
- The 3-5 Biggest Company Achievements—The manager should evaluate what things the employee did to make a difference. This should be a measurable evaluation (i.e. boosted sales by 5% because they did "x").
- The 3-5 Personal Traits You Most Appreciate—These are not tangible elements but are important because they relate to how the employee performs to better improve their work (i.e. Productiveness, cost-consciousness, sense of humor, loyalty, ability to follow directions, etc.
- The 3-5 Company or Department Goals—Discussing company goalsin the review process allows a chance to cover the contributions and employee can make. employees want to know that their valued and important and this gives you the opportunity to do just that.
- The 3-5 Biggest Challenges Expected for Next Quarter—This is a great opportunity to discuss what you believe to be the biggest upcoming challenges for the next quarter with your employees, and often you'll find that your employee will have an idea you may have missed completely. This is an excellent time to strategize and plan for the future.
- The 3-5 Biggest Contributions the Employee Can Make—take this opportunity to let your team members know what you want from them. It lets them know how they can make the boss happy, make a difference, and avoid getting in trouble. A mutual understanding of this is a big step towards achieving company goals.
This new review process not only allows your employees to understand the impact they make on your company and that they are valued, but it also keeps your business on track and allows you to plan for the future.
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