Conducting Annual Employee Reviews
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10+
62
$60
WHAT TO EXPECT
Learning 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 Outline
Module One: How to Conduct Annual Reviews
- Develop the Process
- Set Benchmarks Early
- Agreement with Set Benchmarks
- Hold an Effective Meeting
- Case Study
- Module One: Review Questions
Module Two: Categories for Annual Review (I)
- Company Mission and Values
- Customer Service and Quality Control
- Problem Solving/Judgment
- Production
- Case Study
-
Module Two: Review Questions
Module Three: Categories for Annual Review (II)
- Work Style
- Resource Management
- Communications Skills
- Teamwork
- Case Study
-
Module Three: Review Questions
Module Four: Common Mistakes (I)
- Contrast Effect
- Similar-to-me Effect
- Halo (or horn) Effect
- Central Tendency
- Case Study
-
Module Four: Review Questions
Module Five: Common Mistakes (II)
- Leniency/Desire to Please
- First-impression Bias
- Rater Bias
- Recency Effect
- Case Study
- Module
Five: Review Questions
Module Six: Successful Tips for Concept of Pay for Performance
- No Surprises
- Focus on the Basics
- Show Clear Disparity
- One For All and All for One
- Case Study
-
Module Six: Review Questions
Module Seven: How to Tie Employee Compensation to Firm-Wide Returns
- Set Quarterly Revenue Target
- Set Employee Goals
- Conduct Quarterly Reviews
- Pay Out Quarterly
- Case Study
-
Module Seven: Review Questions
Module Eight: How to Communicate Employee Expectations Effectively
- Have Regular Conversations
- State What’s Working
- Be Honest
- Provide Mentoring
- Case Study
-
Module Eight: Review Questions
Module
Nine: Meaningful Questions to Gauge Employee Happiness (I)
- Ask Questions Frequently
- How Transparent is Management?
- Rate Quality of Facility?
- Contributing Factors to Work Easier?
- Case Study
-
Module Nine: Review Questions
Module Ten: Meaningful Questions to Gauge Employee Happiness (II)
- What Makes you Productive?
- Recognition?
- Opportunities to Grow and Advance?
- Confidence in Leadership?
- Case Study
- Module
Ten: Review Questions