By Brigitta Poulos

Performance reviews are an integral part of the employee lifecycle – they help both the business and the employee navigate goals, objectives, and track career progression. The process can be time-consuming and stressful, however, by using online performance processes instead of manual procedures, you’ll remove the hassle from this task.

In this article, I discuss the importance of performance management and why it’s an essential process for businesses wanting to foster a culture of high performance.

Let’s get into it.

What are performance reviews?

Managing and reviewing the performance of all employees is vital to ensuring your business creates and maintains a culture of high performance, identifies and achieves key goals and targets, and addresses any underperformance issues within the team. This typically involves a one-on-one meeting between a manager or supervisor and the employee, where career progress, objectives, and achievements are discussed in-depth.

In larger teams, this process can tend to be exhausting due to the sheer number of reports a manager may have. This is where using online tools, such as those within the HRA Cloud, can make all the difference in creating a seamless review process.

Reap the rewards, experience the benefits

Performance reviews are an important part of managing your people and the benefits of conducting regular evaluations of employee performance far outweigh any negatives. They not only help to improve productivity and profitability, and mitigate HR risks but also increase job satisfaction, staff morale, and teamwork.

Conducting performance reviews using automated tools have several key advantages over paper-based and manual processes, including:

  • Improving flexibility and time management by allowing managers and employees to complete their assessments in their own time;
  • Streamlining the goalsetting (and reviewing) procedure by adding tasks or goals that can be automatically generated for the following review and designated as in progress or complete;
  • Improving goal visibility by allowing the employee and the manager to check up on the goal progress at any time, which in turn sets clearer expectations;
  • Track progress over multiple review periods; and
  • Building a high-performance culture by giving employees the tools to record their achievements, beat personal goals, and have easy access to regular feedback.

How HR Assured can help?

It’s not just our people who are experts in performance reviews but also our powerful Human Resource Information System (HRIS), HRA Cloud. Our inbuilt online performance review process can manage all your employees’ reviews with the click on of a button and the module can be customised to suit your business’s needs.

If this article has raised any questions about performance reviews or any other workplace matter, please reach out to our HR and WHS experts via our 24/7 Telephone Advisory Service.

Brigitta Poulos is a Workplace Relations Adviser HR Assured who loves helping clients and businesses achieve excellent workplace compliance with their obligations and duties, by way of interpretation of relevant employment legislation and awards. She particularly enjoys researching and explaining new or ‘hot’ topics in the workplace relations and human resources fields to our clients.