Components of effective performance review program

If the list were easy, everyone would have nailed it by now. Mastering this list is a journey. The good news is, technology can help support many of these components. Organizations need to have excellent processes. Those pieces must be in place. Then, technology can effectively support the system. Organizations cannot let the difficulty of the task keep them from creating a successful performance management process.

This is a great list of essential elements to include in any best practice performance management process. In other words, these elements are essential but are too often considered unimportant or of low priority. Hopefully your article will encourage people to place greater importance on things like feedback, learning, and coaching!

Enroll for Free. This Course Video Transcript. Taught By. Larry Bourgerie Senior Lecturer. Try the Course for Free. Explore our Catalog Join for free and get personalized recommendations, updates and offers. Get Started. If there is anything to look forward to when performance appraisal time comes around, it's anticipating a salary increase or year-end bonus. Constructing an effective performance appraisal program requires collaborative work with compensation and benefits specialists to determine allocations for salary increases, incentives and other monetary rewards.

Communication with employees is also essential -- anticipating a raise but not understanding how salaries and wages are computed in relationship to performance can be confusing. In addition, employers should make it clear that year-end and discretionary bonuses are not part of guaranteed wages. This is where communication is extremely important in developing an effective program. Ruth Mayhew has been writing since the mids, and she has been an HR subject matter expert since Her work appears in "The Multi-Generational Workforce in the Health Care Industry," and she has been cited in numerous publications, including journals and textbooks that focus on human resources management practices.

Ruth resides in North Carolina and works from her office in the nation's capital, Washington, D. Share It.