About Employee Performance Reviews

Employee performance reviews are a critical part of managing an employee. It allows employees and managers to meet together and gage the progress an employee has made since their last review. This is also an opportunity for employees to raise any issues that he is concerned about during the one on one meeting with a manager. Employee performance reviews should be interactive, encouraging employee comments and feedback during the review.

Significance

An employee performance review allows an open exchange of information between both the employer and the employee to gauge the employee's work performance. Employee reviews give an employee the opportunity to receive an assessment of both his strengths and weaknesses. Many times an employee performance review is related to the opportunity for an increase in pay or promotion, but this is not always the case.

Function

The employee performance review is typically a written document. This document is reviewed by the employer and the employee. Many employers have an employee fill out a self-evaluation before an employee performance review is conducted. This allows the employee performance review to be a discussion and comparison between the employee and the employer about how the employee is performing in his job.

Features

The employee performance review will usually be a structured review listing several areas in which an employee's performance in his job is evaluated. Employee reviews will typically have a quantitative section and a qualitative section. The quantitative will analyze the employee's ability to meet specified goals, quite often these goals are able to be measured using a numerical score. The qualitative portion of the employee review measures many areas that can not be gaged on a numerical scale. Some examples of these categories include leadership, reliability and functioning as part of the team.

Time Frame

An employee performance review typically covers a determined period of time. This is commonly a one year period. Some companies will do employee performance reviews on a more frequent basis like every six months. For companies that do these reviews more frequently, there is typically a yearly one that includes the potential for pay raises and bonus payments.

Benefits

Employee performance reviews benefit the employee in two ways. One of those ways is discussed above, and that is the potential for earning salary increases or bonuses. The other benefit of performing employee performance reviews is the ability to set goals. The employer and employee can talk openly and honestly. The two can set obtainable goals to be achieved before the next review period. Offering a bonus or a reward for goals met is as an excellent way to motivate the employee.

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