Provide Employees Feedback Through Performance Review Software
Dec 01, 2021
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Employee performance reviews, also called appraisals, are often coordinated by HR departments. They allow supervisors to evaluate employees’ job performance and overall contributions to the company. To managers, they can be time-consuming and difficult. They often come with expectations of raises, which may not always be feasible. To the average employee, performance reviews can induce anxiety. Employees may expect the worst and fear that their job is on the line if they do not score perfectly.All that said, thanks to this increasingly digital world, performance reviews are rapidly changing. Many have questioned whether or not they are obsolete altogether, with only 6% of CEOs surveyed saying that their companies’ performance review system is useful. This is especially true as job descriptions continue to change and virtual work becomes more and more prevalent. As a result, companies are attempting to stay competitive by providing a more humanistic, individualized approach to employee evaluations.
One solution to replacing the outdated performance review is performance review software. The software also has the ability to expedite performance reviews, allow time to develop a workforce, and provide employees with specific and meaningful feedback. These are the top three reasons to implement performance review software into one’s business:
1. Reduce Administrative Labor
As with any human resources software, the intended goal of performance review software is to reduce bureaucracy and alleviate stress for everyone involved. For managers and supervisors, this software can drastically reduce the amount of time spent creating, scheduling and collecting data for performance reviews. The metrics that technology can provide are insightful and time-saving. It includes individual employee data, such as:
- absenteeism rates
- overtime pay
- productivity, such as number of sales/calls/e-mail tracking
- error reduction
2. Strategically Develop Your Team
Using the aforementioned metrics, performance review software can be used to develop a strong team of talent. Although employee appraisals are often thought of as exclusive to one person’s development, they can also gauge how the whole workforce (and, thus, the entire business) is faring when implemented strategically.
In many cases, performance reviews can also promote a company-wide dialogue, allowing employees across all departments to strategize for the future. One way performance review software helps achieve these outcomes is by making team goals and achievements more transparent and accessible for everyone.
3. Provide Employees Specific, Manageable Feedback
One common point of contention with performance reviews is that they often mean confusing, sometimes conflicting feedback and failure to communicate specific, meaningful courses of action. Performance review software can actively tackle this problem.
Often, these software systems include a wide range of features that allow employees to track their progress even when it is not “that time of the year.” Many software systems include online databases or dashboards that allow employees to assess their own performance. This provides employees the means to track their development and have progress and goals on their mind.
Bottom Line: Performance Review Software Is Worth the Investment
All good employees want to perform their jobs well. This can be challenging if they are not clear on what they need to work on. Performance review software allows managers to provide the valuable feedback that employees are looking for, which leads to more rewarding careers for all.
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