Performance Reviews - what are your thoughts on annual performance reviews? Have you all seen a really creative, effective, yet fast process that is not cumbersome or time consuming, and complements existing feedback channels, etc.? Any input, best practices or tips would be helpful. Working for a small VC backed company and we’re trying to find other ways to conduct reviews etc. TIA!

like
Posting as :
works at
You are currently posting as works at

Why don’t you hire Human Capital consultants?

like

We’re a cheap VC backed company bruhh, lol.

funny

I've heard that scatter plots are an A+ performance measurement method

funny

Performance, pay, and expectations should be reviewed at least annually openly with the reviewee and person ultimately responsible for reviewee within org. Performance and expectations should be formally reviewed at least monthly. Real-time reviews should always be given in the moment if possible and appropriate to the forum.

HR (or similar function) should compile as objective details, feedback or templates progression against expectations if possible. The call on performance and pay should be determined by a committee of the applicable cost center leaders (no less than two folks) and HR in attendance to call out blinds spots (age-ism, race-ism, etc) to protect the business

Depending on the size of org, HR should attempt to normalize performance distinctions—let’s be honest: not everyone is a top performer

The annual review should take a half-day for each group. Think 2 minutes per head based on feedback and KPIs collected. Make each cost center lead compile info on their team in a template that’s used enterprise-wide

like

Joking aside, a company I worked for ages ago had my favorite performance management system.

It was called monthly checkpoints. It was basically a monthly report card with a top line on track/off track rating and 5 categories where your manager rated your performance on a 1-5 scale. No narratives besides an overall comment field where the manager justified the overall ratings. There was also a midyear and annual rating, but those were just rollups of the monthly checkpoints. There was also a quarterly 360 rating using the same format, but it was submitted to your skip instead of your manager.

The rating components were standardized across the firm for level and job family, so all entry level SWEs, for example, were rated on the same 5 components.

I was a first level manager there and had a team of 6. It would take me about 2-3 hours all total to do my monthly checkpoint ratings for them, and that included digging through emails and whatnot to find evidence of their performance and such.

like

I don’t think there’s a way to do this both well and quickly. All companies that famously do this well make senior execs put a lot of time into it.
Of course there are ways to be more efficient and less efficient. But not to do it quickly

Related Posts

I lost a really close friend because I didn’t feel the same way he did. He never told me he liked me but now refuses to speak to me because I started dating someone. I friendzoned him apparently

like

What are some of y’all’s fave sales books or podcasts?

Self-Promotion Alert: In association with my upcoming personal finance blog, I have a draft of a blog post about paying off my car that I would love to get some feedback on

DM me if you’re interested

Can we expect 16L CTC for 6+ Mainframe Developer...

As customer support, knowing that your approach in handling negative feedback is crucial. What are some important steps that have helped? Asking for a friend!

like

Looking for a job change.im having 8 Yoe as a business analyst.

Any M or Sm in this group?

No referrals etc please.

There is a special place in hell for people who merge cells and add spacer columns.

like

Hi guys ,
I have received an offer as technical test lead at
Infosys. Would like to know about the work that I ll be doing. Will it be like managing the team or how ? Any insights pls..

Thanks in advance!! Infosys Limited

like

Is it common for melatonin to not work? What is a standard dose for someone trying it for the first time?

like

Thoughts on OMD?

like
like

Do you believe influencers have just as many efficient marketing skills as someone in the field?

like

Difference between having female baby doggie and male baby doggo? I’m confused which one I should get!!!

like

I’m going in to my second year teaching and I’m seriously so stressed and nervous about it. (Going from gen ed 5th to sped 1st). I can’t sleep because my mind just runs all night. Any advice?

like

Hands on question! We’re recording our first interviews for an upcoming podcast this week. It’s internal so somewhat casual and we’re DIYing it. Anyone been there and have any tips for recording or coaching my interviewee??

like

Thinking about first job out of PA Tax as a senior with 3 years exp, long term wise , what’s the best spot to go?

like

What are your plans to balance work responsibilities with schools closing? They are now saying schools in my area might close for a month and curious how other families are handling.

like

How to compare competing offers assuming all else equal? Proven platform/known commodity vs. more “entrepreneurial” opportunity. When is the right time to take that career risk? Pre-VP or post? Both would involve moving and I want to make the right long term decision for my family.

like

Hi fishes,

Just wanted to know, honeywell has office in Delhi ncr ???

like

Has anyone dealt with severe headaches during pregnancy and found relief somehow? I’m in my first trimester and have been getting headaches at least 3 times a week, lasting all day. Tylenol isn’t doing much 😕 Any suggestions for remedies that work? It seems that it’s a common thing during pregnancy. (Spoke to my doctor already, she suggested Tylenol but that’s about it)

like

Additional Posts in Consulting

San Francisco hotels: the Westin, The Palace Luxury Collection or W?

Hey Guys, wanted to know whether utilization gets adjusted when you take LOA. TIA

likehelpful

Sounds like some 🐟 heard the dog whistle loud and clear. Ending DACA would harm a million economic contributors with clean records––don't pretend your motive is anything but hatred of immigrants.

like

What are typical backgrounds for people who go into product management at FAANG companies?

like

Every time i get delayed and get home 2-3 am on a Friday, I ask myself why i still have this job

like

Few things better than a Friday when you can just roll out of bed and walk two steps to the hotel desk to work, while I wait for room service bacon and waffles!

like

What makes a manger a good manager from a client perspective and those managed under the manager?

like

What are your top book recommendations? I’m genre neutral.

like

Seriously almost all guys in my team time pass with bar girls and try to look around for one night stand. Cannot imagine, how pathetic is that!

like

I've been in the world of consulting for several years; amazed at how much more analysts and others feel the need to be constantly utilized. Seeing posts about how holidays impact the metric (cont'd)

like

How's average comp for a postgrade role (Junior Consultant) in Europe?
Just got an offer for Capgemini at 36k lol 🥴

funny

I have a BA in business communication is consulting for me?

like

How do I get a free NYT subscription?

Books to learn more about how to drive sales in consulting? Any recommendations?

likehelpful

Geek 🐠: Taking suggestions for a new video game, ideally available on Apple TV (we have the gaming remote) and something I could play piecemeal. Portal, Zelda, and Mass Effect are past favorites

like

Classpass vs. Lifetime vs. LA Fitness. Which is the best and why? Gracias.

Is WLB better at S& than MBB/Tier2 or worse?

I feel like it’s probably the latter because of Utilization/PwC culture, but want to validate.

like

ACN 🐟: If a hotel is in policy do you feel as though it's okay to book unless told otherwise? SF hotels are insane and I stayed at a crappy Sheraton with more expensive options in policy.

like

Sunday travel. Tumi bag. QC35. Stainless coffee mug. Running shoes and jeans. Lulu top. What's the meaning of all this?

like

About to board a flight, see a guy with a sweatshirt that says, “I’m a consultant. To save time, let’s just assume I’m never wrong” 😂

funnylike

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal