Many organisations know that staff satisfaction should be at the top of their priority list right now, and whilst there are many things employers can do to make work life better for staff, there may be a big one they’re not thinking about.
For many years now organisations across the world have been using the same out dated method to track employee performance, the annual appraisal. Not only is the annual appraisal an inaccurate way of measuring performance, due to recency bias, but it’s also dreaded by many employees and managers.
A few weeks before the appraisal meeting employees start panicking, trying to root out their objectives that they wrote down a year ago, asking people for feedback on their work, and writing down a long list of subjects they want to cover in this already busy meeting.
And managers know they need to try to rate their teams performance based on one meeting, and amongst this they will most likely be swamped with requests for promotions and pay rises.
An article in the Harvard Business Review also shows us that employees don’t feel that the questions asked in these reviews are always relevant to their roles, and they feel that the evaluation process is unfair, and simply compares their performance to where others are in the organisation, rather than monitoring their own personal progress across the year.
So what is the alternative? We suggest introducing an online performance management system!
Clear Review allows for regular meaningful catch ups around performance throughout the year, rather than trying to cram everything into one end of year review. It allows for the setting of short term goals to be set and viewed by both managers and employees, and progress against these goals to be tracked regularly. You can also enable feedback between employees to be given and received in real time, and stored on the platform for managers to view.
Because this information is all stored, managers have a full overview of their team members’ performance throughout the year, meaning they already have everything they need to do their employees end of year review without the need for another meeting.
Managers can view this information easily on Clear Review, showing them a complete look at an employee’s progress throughout the year, then they can use the Performance Snapshot to carry out the end of year review.
The Performance Snapshot poses a small number of highly targeted questions to identify key employee metrics around performance, top talent, promotion readiness or succession planning. Our Performance Snapshot functionality enables employee performance to be measured and assessed based on information which the technology serves up at the key moment.
By conducting reviews this way employees are likely to be happier, because they are being reviewed fairly based on their performance throughout the year, and they don’t need to go through the stress of an end of year appraisal. And Managers are happier because they have all the information they need on an easy to use platform, eliminating the need for them to complete appraisal meetings with every member of their team.
To find out more about how you can ditch annual appraisals and make performance management easier and fairer, book a demo, or get in touch with a member of our team: hello@clearreview.com