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Management
Performance
Evaluation
Details 
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Management
Performance
Evaluation
System
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Sorry managers... just because you've joined the top ranks
doesn't mean performance evaluations are a thing of the past. But that
isn't a bad thing! Annual evaluations are an opportunity to put things
in perspective, measure performance over a period of time, correct gaps
in day-to-day communication, and set new goals.
A well-conducted evaluation defines both objective and subjective measurements of job performance, and provides guidelines for:
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Compensation and Bonuses
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Promotions
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Job Development
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Improved Communication
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Job Security
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Future Responsibilities
These are important aspects of your career, so your performance evaluation
should be comprehensive and consistently conducted. The evaluation system
I use incorporates input from at least four sources: employees, co-manager(s),
owner/senior manager(s), and a self-evaluation. I also include a section
for defining goals and an action plan for the following year.
A well-conducted job evaluation highlights areas in which you've made
progress. It can illustrate any disconnects between your perception
of your performance and the perceptions of your fellow workers. It can
also identify any areas in which you need to make improvements. The
job evaluation process gives you an opportunity to talk with your immediate
supervisor and discuss your contributions to the business and lay out
a path for "moving up" in the company. Of course, the data
may also provide tangible evidence to support promotions, raises or
bonuses.
If you receive annual performance evaluations, make
sure they're comprehensive and consistent. If you don't, talk with your
owner/senior manager about instituting them. The absence of formal evaluations
and progressive discipline may leave your company vulnerable to lawsuits.
Use our system as a guide to update your existing system
or develop a new one. Be sure to have your company lawyer review the
final version to ensure it complies with local, state and federal laws.
Take the initiative. Act like a leader. If you're working for the right
company, your efforts will be appreciated and everyone will benefit
in the long run.
For Trade Secrets Members, we've
provided additional detail
on the sections in a comprehensive performance review system, as well
as types of questions that should be asked. For our customizable Management
Evaluation System containing all the forms and protocols you need,
visit our on-line store.