Why is work performance assessment vital?

Not just to save you money

The Thrive Global Community welcomes voices from many spheres on our open platform. We publish pieces as written by outside contributors with a wide range of opinions, which don’t necessarily reflect our own. Community stories are not commissioned by our editorial team and must meet our guidelines prior to being published.

As a business owner or manager, you already know the importance of recruiting the best staff and providing employees with the required tools to do their jobs. To ensure your staff meet or exceed your business needs, you should conduct at least annual assessments of their productivity and efficiency.

Employee performance evaluations may seem time-consuming with no value added to an organization. Sometimes managers do not know how to deal with the assessment results so they overlook the importance of performance assessment. Performance assessment though is not just important; it is vital to the well-being of the organization as it documents negative behaviors in case a former employee takes legal action, and it monitors the top talents in order to reward them appropriately.

Everyone enjoys getting recognition for the value they add to the organization they work for. By acknowledging their contribution, you make them feel appreciated and this motivates them even more. The work performance evaluation is the tool that creates engaged, productive, effective, and devoted workforce.

Employee performance assessments allow the manager to elaborate on future goals and expectations regarding the employees’ performance. With an employee performance assessment, managers address each individual’s needs in the organization, identify top talents for further development and ensure everyone stays motivated and maximizes their potential.

One of the performance appraisal objectives is to address any issues and challenges hindering the employee’s ability to reach their personal goals and work seamlessly with the team. Open communication resolves problems and conflict, relieves any negative feelings and makes the organization goals’ achievement easier and faster.

Overall performance appraisal helps you track any gaps in communication, makes employees more motivated and gives you insights on their future career paths. By understanding who is a top performer, you can start preparing them for leadership roles and reward them with an increased salary, training and personal development opportunities and mentoring. However you should keep in mind that performance assessment should be conducted by an objective person, ideally someone outside the company who will have no positive or negative feelings about the employee under evaluation. At Skema Projects we can help you assess every employee, from junior to C-level.

Share your comments below. Please read our commenting guidelines before posting. If you have a concern about a comment, report it here.

You might also like...

How to increase employee engagement through training

How to increase employee engagement through training?

by Brahim Jaouane
Performance Management Trends In 2021

Performance Management Trends In 2021

by Abhishek Ghosh

5 Key Insights to Help Employees Achieve Their Full Potential Using Performance Development Plans

by Narendra Sharma
We use cookies on our site to give you the best experience possible. By continuing to browse the site, you agree to this use. For more information on how we use cookies, see our Privacy Policy.