Nip potential problems in the bud with frequent staff appraisals and performance management systems
When it comes to performance evaluations, it’s important to get it right.
Nearly half of HR professionals think annual appraisals don’t accurately capture employees’ achievements. To be effective, feedback needs to be given on a regular basis.
By regularly evaluating your employees’ performance, they’ll feel less intimidated and more likely to work with you to set objectives that benefit both parties.
How often should you conduct performance appraisals?
So, how often do you actually need to review employee performance? Monthly? Weekly? Little and often has proved to be the right cadence for gathering employee feedback. Constant and continual feedback will help you and your employees understand exactly what they are doing and identify problems before they impact productivity or output.
Your performance management system should include reviewing employees’ objectives. As part of the performance management process, hold regular, goal-driven catch-up sessions to encourage employees to really focus on what matters to them and the business. Make sure to record this information so it’s easier for managers to track performance and reward employees accordingly.