Looking to review your employee’s performance review? Look no further, with the Business Kitz Employee Performance Review Template!
Often businesses can end up in disputes where the employee is not notified beforehand that they will be subject to regular performance reviews. The Business Kitz Employee Performance Review Policy and Procedures clearly and comprehensively sets out the expectations and requirements imposed on both employers and employees pertaining to performance reviews.
The Employee Performance Review Policy and Procedure template covers the following topics:
- Scope and application
- Policy administration
- Performance management
- Core principles
- Upon commencement
- Informal process
- Formal process
- Unsatisfactory performance
- Organisation Policies and Procedures
Why does your business need a Performance Review Policy and Procedure?
A Performance Review Policy and Procedure will help manage the performance and development of new and existing employees, as well as employees in managerial positions to ensure that they are communicated with to either acknowledge their achievements or to suggest ways they can improve their performance.
The Performance Review Policy and Procedure applies to all employees and clarifies performance appraisal processes for managers on how to lead and direct their teams, how to give feedback, and how to give constructive criticism when necessary.
A Performance Review Policy and Procedure will assist your business in providing clear, actionable goals for employees, provide a tool to recognize and reward employees in financial and non-financial ways, and create space for development opportunities that will help grow employees professionally.
Formal performance reviews between a direct supervisor or manager and an employee will usually happen bi-annually but managers should attempt to find time weekly or fortnightly to have short, informal catch-ups with employees. This is so team members can receive feedback in a timely manner and avoid being blindsided in formal performance reviews.
Implementing a Performance Review Policy and Procedure will show that a business is committed to helping team members develop and improve their performance and skills to better serve the needs of the business. We recommend that you purchase and implement this Performance Review Policy and Procedure to ensure the smooth running of employee feedback systems and human resources management.
If your businesses is growing fast and you need to streamline your onboarding process, take a look at our Full Time Employment Agreement Template which governs the relationship when hiring a full-time employee.
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