To win a competitive race, you have to work with every one of your competitors or HR evaluation always and everywhere
“Your company is like a team of professional car racers. You need to do race car maintenance while knowing the current performance of each racer. Know how he is improving over time and what he needs support in to improve his performance even more. If you don’t have this information, you won’t be able to compete as a team. Employee evaluation is the tracking of individual competitor performance. It allows you to see which competitor has the best technique, who has the best reactions and who is good at a particular maneuver or discipline. Based on this feedback, you can improve not only the performance of the individual, but more importantly the performance of the entire team, and gradually move up the ranks in the overall race.” explains the importance of employee evaluation in the company Jarmila Brixová.
Jarmila Brixová,
HR specialist for performance management system
and wellbeing in companies
With this lovely lady, we are currently developing a sophisticated SmartFP module focused on evaluation, including a 360° feedback method.
What are the main benefits of introducing a performance management system – appraisal – in companies?
- Increases employee motivation: when employees see their performance being monitored and evaluated, it increases their motivation and engagement at work.
- It allows you to align the goals of the organization with the goals of individual employees and helps them understand their role in the overall company strategy. By cascading company-wide goals to individual departments and then to employees, each employee knows how they contribute to the overall results. This contributes to their motivation.
- Helps set goals and plans for employee development: appraisals help employees better understand what is expected of them and set clearer goals for their development.
- Improves communication and cooperation: Ongoing feedback enables better communication between employees and their supervisors and promotes teamwork.
- Increases quality and enjoyment at work and helps people achieve excellence: through assessments that involve talent work, employees can identify their own talents and develop them into strengths to achieve exceptional results. If we try to develop something for which we have no innate talent, we will achieve mediocrity at most, and that will not bring joy to our lives.
- Identification of high performing employees with potential for future growth: this allows the company to develop and promote its best employees, thereby improving the overall quality of work and performance of the team.
- Helping companies in the employee empowerment process: employees themselves are involved in setting their goals and projects for the next period, while suggesting what skills they need to strengthen and develop for their work.
Employee reviews allow companies to gain valuable insights into the performance of their employees and their entire team. However, traditional employee evaluation also has its drawbacks and limitations.
Disadvantages and limitations of traditional employee evaluation
- One of the biggest problems is the frequent focus on only certain aspects of performance, such as productivity and quality of work, without taking into account other important factors such as teamwork, creativity and innovation. Therefore, it is always advisable to include a competency model (= describes all the assumptions that can be used to describe a job. It is the sum of the qualifications, experience, knowledge, abilities, skills and personal characteristics that are needed to perform the tasks effectively and succeed in the job overall). This model is based on and supports the fulfilment of the company’s values.
- It is often carried out once a year and does not cover all aspects of employees’ work and performance. It may not take into account actual changes in staff work and performance. It is therefore very important that regular appraisals are supplemented by ongoing informal feedback.
- It can be very time-consuming and therefore costly. In particular, the associated administration can deter some companies from implementing a performance management system. And we can help you with that with our SmartFP module.
- It can be very subjective. Evaluators may have different views on what is important and how employees should be evaluated. Often, as a result, we learn more about the evaluator than the evaluated from a traditional evaluation. This can lead to unfair and biased results, causing potential dissatisfaction among employees and a reduction in their motivation. If you want to avoid subjective evaluations, it is possible to enrich the traditional evaluation with 360° feedback.
How it works 360° assessment and what are its benefits?
360° assessments are one of the most effective and comprehensive ways to evaluate employees. This evaluation process allows employees to be evaluated not only by their supervisors, but also by peers and subordinates, giving a more comprehensive and objective view of their overall performance. At the same time, this evaluation method promotes teamwork because it incorporates feedback from different people and allows employees to better understand how they can adapt their work to meet the needs of the team. But even 360° assessments have their limits.
You always need to consider what type of positions you will use it for and ensure that feedback is sensitively delivered to the appraisee. This method is intended as a development tool and measures need to be taken to avoid its misuse to maximise the benefit to the employee and the organisation as a whole.
The whole evaluation process will be greatly simplified by the use of the information system!
Less paperwork, more systematics, clarity, regularity and above all saving time and related finances…
And which information system would we recommend? How else than SmartFP! The assessment model is currently undergoing a revamp in collaboration with HR specialist Jarmila Brixova, which will include classic assessments but also the possibility of using 360 feedback.