Measuring Employee Performance in Your Company
Business experts are one in saying that your employees are your greatest assets. They are the movers of your ideas and contributors of great insights. That’s why selecting and hiring new employees are very important tasks for many entrepreneurs.
Equally important is measuring how well they are faring compared to their assignments as well as their relationship with other employees. Also, employee performance reviews offer a glimpse of their satisfaction level with your company. To make each review more productive, here are some things you should do:
- Be ready. Gather all information you have and read it carefully before talking with an employee. This will give you enough time organize your thoughts and handle the discussion.
- Criticize the performance not person. Avoid any personal attacks and do not provoke your employees. Be objective and highlight both their high points and low points.
- Probe on the job satisfaction level. Most of the time, poor performance is strongly related to poor job satisfaction level. Make the evaluation a two-way communication and find out what you need to improve or change to improve satisfaction.
It is advisable that you have a formal system to evaluate your employees. You can read a comprehensive guide from Seeds of Growth on how to implement a performance management system.
