Performance reviews are periodic evaluations of how one has been performing for the period under review. They are meant to help show what progress you have been making against the goals set at the beginning of the period. They are useful for companies in evaluating the progress their employees are making towards achieving the company’s goals and objectives. However, performance reviews are also important to you as an employee.
Granted, the modern workplace has a new culture in which employees are given feedback regularly and consistently. This is based on the need by millennials to receive instant feedback. However, performance reviews still have their place in the modern workplace and you can use them to your advantage to achieve career growth.
Performance reviews are systems of receiving feedback on your performance over time, as opposed to being areas of punishment. In companies where the system is not well-developed, they are dreaded activities which are used to bash employees. However, in companies with proper structures and a culture of growth, they act as a good way of helping employees keep making great moves in their career. Here is why you should pay attention to performance reviews.
You Get to Know Which Areas to Improve
A performance review is basically an evaluation of your skills and competencies, in relation to your job. They help you know what areas you are excelling in and which ones need a little more. Work. the role of reviews is to basically provide insights into what skills you are utilising well hence achieving your goals and where your weaknesses lie.
When conducting your performance appraisal, it is a good opportunity to learn from your supervisor which areas you are excelling at and which ones you could be better at. This way, you get to constantly improve your skills over time, which will be instrumental in growing in your career. Therefore, take advantage of the performance review meeting to know which areas you should work on, as this will help you grow over time, through consistent improvement.
You Get to Communicate Your Concerns
While performance appraisals give your supervisor a chance to communicate to you what you have been excelling at and what you need to work on, they are also a chance for you to communicate your areas of concern. This is a chance for you to let your supervisor know what support you need to work better or achieve your goals. For example, if you need certain tools to do your work better, you could communicate this or if you need your boss to change his management style, you could also raise this.
Thus, it is an interactive session in which you also get to actively communicate what can help you and the company grow. This is because it can be hard to communicate such issues regularly or your boss may forget. However, when you raise them at a performance appraisal, you also get a chance to have a deeper discussion of why you think what you are raising is important.
You Get to Take Stock of What You Have Been Doing
At the close of every quarter, businesses take stock of what they have achieved, against their set targets. This is important in helping them evaluate their successes and learn from their failures. It also helps them set the agenda for the next quarter, with the goal of staying on track with their annual objectives.
The key to achieving increased productivity is to know what you have been doing and then making plans on what you need to do going forward. Thus, performance appraisals can help you take stock of what you have been doing to achieve your goals, which will then inform you what you need to keep doing and what you need to improve. This will help you improve your performance over time.
You Get to Discuss Future Expectations
Performance appraisals are a chance for your boss to also tell you what is expected of you in the next quarter. It is a good chance to set the agenda for the next period so that you know what to focus your energy on. However, while your boss gets to communicate what is expected of you, you also get a chance to have a discussion on the road map for the next period. This will ensure that you give your input on what is to be done in the next period, which will go a long way towards giving you ownership of your work and activities.
With your input, you also get to let your supervisor know what is practical and what is not, based on your resources, time, and skills. It also gives you a chance to communicate what support you need in terms of training and resources, to achieve what you have agreed on. The result is an ability to get down to work with little difficulty since you are in on the roadmap from the planning stage.
You Can Discuss Your Happiness
It may sound like you are making it the responsibility of the company to make you happy but you are not. Being happy means that you are satisfied with your job and that you find it fulfilling. When you are satisfied with your job, you are likely to be more engaged, which also makes you innovative. Therefore, make it a point to discuss your happiness and how it impacts your job. It is important to ensure that you are fully engaged at work so that you can focus on delivering on your responsibilities.
Performance reviews need not feel like a punishment. They are an opportunity for you to learn about yourself and your performance so that you can improve over time. This will also help you in learning how to evaluate yourself, which means that you can always carry out periodic analysis of your skills and capabilities independently, for self-improvement purposes.