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What is a Performance Review?

A performance review is a formal appraisal in which a manager evaluates an employee’s job performance, identifies strengths and weaknesses, provides feedback, and sets goals for future performance. Performance review is also called performance appraisal or performance appraisal. In the past, many organizations conducted annual performance reviews for their entire workforce; However, more and more companies are moving towards a continuous feedback performance management system in which managers conduct quarterly, monthly or even weekly reviews. In fact, some organizations are ditching formal performance reviews altogether in favor of more casual manager check-ins and face-to-face.

When done properly, performance reviews can help employees understand what they’re doing well, how they can improve, how their work aligns with the company’s larger goals, and how they can help them. what is expected. Managers who use performance reviews effectively can identify high-performing employees more easily, fix issues before they happen, communicate expectations, encourage growth and development. and promote employee engagement.

How Should Employees Prepare for Performance Reviews?

Whether a performance review is formal or casual, employees should be encouraged to prepare for it. Here are some tips to offer employees that will help make the review a success for both parties:

Prepare notes. Encourage employees to make notes before each performance review. They should document the topics they want to discuss, strengths, weaknesses and goals. Brainstorming example. Employees should be able to share concrete examples of how they have met the goals set in the previous review and how they have improved overall. Do a self-assessment. Employees should practice self-evaluation by giving themselves a mock performance review. They should identify new strengths, weaknesses, achievements and goals.

Come with questions. Employees must have a safe environment to ask questions in performance reviews. Preparing questions ahead of time can help ensure that all the questions that are asked are asked.