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CheckPoint HR, a trusted advisor empowering small and medium size businesses in managing their human capital throughout the entire employee life cycle, today released tips to enhance end-of-the-year employee performance reviews. The list details ways that employees can use their end-of-the-year performance reviews to their advantage as well as reasons why performance reviews are vital to an organization.
ChinaHRP.com Edison, NJ December 18, 2008 - CheckPoint HR, a trusted advisor empowering small and medium size businesses in managing their human capital throughout the entire employee life cycle, today released tips to enhance end-of-the-year employee performance reviews. The list details ways that employees can use their end-of-the-year performance reviews to their advantage as well as reasons why performance reviews are vital to an organization.
1. Performance Reviews are Linked to Business Goals
Companies who are trying to identify ways to cut costs, improve processes, develop new products/services or increase revenue should encourage their departments to consider themselves "mini businesses." In conducting this practice, supervisors and line staff alike develop a contributory and ownership-like work ethic. Employees become more aware of their contribution and value, and are therefore more engaged in their company's success and their role.
Performance appraisals are a great method which can capitalize on company objectives to be shared with staff. This direction allows managers and staff alike to engage in an open dialogue regarding goals, objectives and next steps. With accountability for an end result, employees can share a sense of reward and accomplishment.
For organizations who integrate company initiatives through the workforce, the end result is a united, targeted agenda which is tied into financial results or level of service.
2. Open the Lines of Communication
It is important for supervisors to understand the value of feedback and employee engagement. Open communication allows employees to better understand the expectations and goals of the organization, as well as the supervisor to offer guidance on productivity.
Employees should never leave the discussion with any doubt about what is expected of them. Additionally, this is a time to identify what has worked and offer ideas to improve on the things that may have been challenging.
3. Reflect and Reset
Performance appraisals offer a means for both employees and supervisors to reflect on the past year's challenges and successes. While performance reviews are often times geared toward the employee, this can also be a time when employees inform their supervisors what type of management style that they work best under. This is the opportunity to hit the "reset" button and take what was learned in the previous year and apply it to the goals and expectations for the coming year.
"Taking the time to conduct performance reviews allows employers to effectively manage and engage employees, while at the same time working towards common goals," explained Michelle Moylan, HR Specialist, CheckPoint HR.
About CheckPoint HR
Since 2001, CheckPoint HR, based in Edison, New Jersey, has been a trusted advisor empowering small and medium size businesses in managing their human capital throughout the entire employee life cycle. CheckPoint HR's innovative Web-based Human Resource Management System (HRMS) technology platform and payroll servicesoffer an affordable, comprehensive solution to manage payroll and benefits administration, as well as other business-critical human resources processes. This allows mid-market organizations to deliver world-class services to its employees, reduce costs, and improve operational efficiencies. Clients include such names as The American Stock Exchange (AMEX), The Applied Companies, Croda, Inc., Flemington Family of Dealerships, Hamon USA, Kyowa Pharmaceutical, Nickelodeon Hotels, and Starwood Capital. Further completing its HR solutions, CheckPoint HR boasts one of the largest insurance agencies in the Northeast through The Wilshire Group, its benefits affiliate that offers its customers benefits procurement backed by a sales team of licensed insurance brokers. In November 2007, The Wilshire Group launched the BENeLERT? Process, a 180-day proven practice to help clients identify the best rates and plans for their insurance needs. For more information on CheckPoint HR, please visit www.CheckPointHR.comor call 800.385.0331.
