Conducting Annual Employee Reviews

Course Description

Any great boss will tell you that employee reviews are a cornerstone for having happy and productive employees. Employees need to know what their strengths and weaknesses are. Once an employee understands their performance, you and the employee can take steps to improve their weaknesses. Objectives • Understand the process of conducting an annual review. • Determine the categories for an annual review. • Know the mistakes managers make during an annual review. • Understand the concept of pay for performance. • Know how to tie employee compensation to firm-wide returns. • Know the value of employee communication. • Gauge employees’ happiness.   Course Contents: • How to Conduct Annual Reviews • Develop the Process • Set Benchmarks Early • Agreement with Set Benchmarks • Hold an Effective Meeting • Categories for Annual Review • Company Mission and Values • Customer Service and Quality Control • Problem - Solving/Judgment • Production • Work Style • Resource Management • Communications Skills • Teamwork • Common Mistakes Managers Make when Conducting Employee Reviews • Contrast Effect • Similar-to-me Effect • Halo (or horn) Effect • Central Tendency • Leniency/Desire to Please • First Impression Bias • Rater Bias • Recency Effect • Show Clear Disparity • One for All and All for One • Review Questions • How to Tie Employee Compensation to Firm-Wide Returns • Set Quarterly Revenue Target • Set Employee Goal • Have Regular Conversations • Be Honest • Provide Mentoring • Meaningful Questions to Gauge Employee Happiness • Ask Questions Frequently • How Transparent is Management? • Rate Quality of Facility? • What makes you Productive? • Recognition? • Opportunities to Grow and Advance? • Confidence in Leadership? • Words from the Wise What You Will Get When Enrolling? 1. Course PowerPoint Presentation 2. Training Manual 3. Training Audios 4. Training Videos 5. Course Activities 6. Case Studies On Completion Book for a Free Course Assessment Session and receive Your Course Certificate