Performance appraisals tend to be something businesses either embrace, ignore or conduct in a fairly half-hearted manner (because they know they should do them but don’t really want to). The businesses who either ignore or are half-hearted about performance appraisals, tend to be those who haven’t seen any benefit arise from them. There's been a lot in the press about how businesses are no longer doing performance appraisals and you can find out more about this here.
When a performance appraisal process is designed in such a way as to be right for the business, and conducted in a consistent and regular manner, we know that this makes a significant positive impact on the business. Effective Performance Appraisal System will incorporate the key aspects of regular feedback, frequent employee/line manager check-ins and a true focus on developing the skills of the employee with a future focus.
Lighter HR Solutions can help you put a performance appraisal solution in place that will work for your business.
There are so many different ways to design and implement performance appraisal solutions that it’s impossible to give you an “in a nutshell” overview of all of them. What we can do is tell you that what we’ll put in place will depend entirely on what your business needs:
- You may have nothing in place and just want to get started with something simple.
- Alternatively, you may have an established performance appraisal system from which you are looking to gain more information and insight into your business.
A well-structured performance appraisal solution will contain objective and target setting for staff. You’ll go through the process of thinking of what you want each role to contribute to your business and how success can be measured; this exercise in itself can really focus your mind on how your business is structured.
From the simple…
The simplest solution provides elementary, printed templates to capture an individual’s targets, key achievements and development areas. The summary information is collated in spreadsheets enabling basic analysis as part of the business review processes.
…to the sophisticated…
At the sophisticated end of the range, targets will be aligned to business goals, and desired changes in business capabilities will be driven by business strategy. The solution may be provided through a web-hosted system using online templates that capture information from the employee, the manager and the employee’s peers. This 360-degree view on individual, team and department performance feeds into the analysis of overall business performance, as well as supporting succession planning and resource management.
…and everything in between.
It’s likely that the performance appraisal solution you need falls somewhere between the two. We’ll work with you to capture your requirements and provide you with what you need.
As well as the process, templates and any systems, the solutions include training of those involved. The only way a performance appraisal solution will add value, however, is if it’s used effectively by trained staff. Again the training ranges from general guidance on the templates and processes, through to detailed training for employees and managers on target setting and conducting performance reviews.
Service Key Features
- A clear way to measure the performance of employees.
- A process in place that helps you to identify development areas for employees.
- A way to ensure that employees are clear as to what is expected of them and what good looks like.
Given the huge variety of solutions available it's very difficult to give a clear price guide.
- A very simple solution could be as little as £500
- A complex, web-based solution with training for managers and employees could be £15,000
Give us a call and we'll chat through your requirements and give you a high-level cost estimate so you can see whether the numbers are aligned to your budget without committing hours to meetings.