Thank Us Later – 4 Reasons To Start Thinking About Performance Reviews

by Srikant Chellappa Nov 6,2015

The People Strategy Leaders Podcast

with Srikant Chellappa, CEO

Employee performance review is a huge responsibility. You have to keep track not only of employee performance throughout the year but also the areas where employees require improvement.

Most employers avoid these reviews because of their elaborate nature. Many employers debate that performance management should be trashed. But are they that useless?

Here are 4 reasons why employee performance reviews are useful, not useless.

1. Better focus on areas of improvement

A manager should know the areas that their employees are good at and the areas where they need improvement. When you conduct performance reviews, you go through the previous performance records of an employee, which allows you to know where they stand.

2. Proof of employee performance

Reviewing the performance of an employee can be painstaking but you will have proof which provides basis for their promotion, transfer or termination. This will actually help you check how dedicated your employees are and helps you identify the employees who deserve promotion and who do not.

Also Read: Performance Management – Are you doing it right?

3. Performance aligned goals and objectives

Most organizations are confused about their yearly goals. When you have a performance review process, it gives you scope to align performance to goals and objectives of the organization. It gives you a direction to achieve your organizational goals by linking them to individual employee goals.

Also Read: 7 Reasons To Set Employee Goals

4. Employee loyalty and dedication

Having a review process for employee performance makes employees feel that their work is being valued and being reviewed. This feeling alone can drive a lot of enthusiasm to work. When you review your employee’s performance regularly, and tell them where they are good and where they need help, you’ve got yourself a loyal employee who is going to try harder to live up to your expectations!

Want to improve employee engagement at your organization? Then Engagedly is just the thing for you!

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Srikant Chellappa
CEO & Co-Founder of Engagedly

Srikant Chellappa is the Co-Founder and CEO at Engagedly and is a passionate entrepreneur and people leader. He is an author, producer/director of 6 feature films, a music album with his band Manchester Underground, and is the host of The People Strategy Leaders Podcast. He is currently working on his next book, Ikigai at the Workplace, which is slated for release in the fall of 2024.

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