Managers are often entrusted with the responsibility of evaluating team members. They often conduct performance appraisals of employees with the help of measurable performance standards. One of the best ways to evaluate an employee’s performance levels would be to use reliable and smart employee tracking software. Performance levels are usually evaluated against a few preset metrics, and the outcomes decide the future wages, promotions, and other personal skill upgrades of an employee.
Appraisals are usually conducted annually and are considered vital for improving employee productivity. But of late, concerns regarding employee turnover and lackluster performance appraisal procedures demand a dire call to revamp the existing processes. And that’s why we are here with the nine best ways to evaluate employee performance!
Essential criteria to evaluate employee productivity
Commitment and execution levels
A committed employee takes every effort to execute the task on time and in the best quality. No wonder on-time execution of projects is regarded as the most coveted quality of an employee. Human resource management teams often set execution quality as the top performance standard for appraisals. The team members should be able to prioritize their tasks and execute them within the deadline. Managers can use employee monitoring software to keep track of the employee’s productivity metrics.
Quality of work
Quality of work is the most important criterion that determines the efficiency of an employee. But how do managers measure the quality of work? Managers can conduct a regular review of deliverables, the employee’s role in meeting client demands, practices employed, and the feedback from clients. These efforts together determine the quality of work executed by the employee.
Creativity is an important aspect that determines an employee’s problem-solving capability. Leaders always vouch for creative employees who can come up with an innovative solution for a problem. So if your team member thinks out of the box and delivers an innovative solution, then the employee is definitely an asset for the company.
Desire to improve
Managers attribute an employee’s desire to grow as one of the most desirable performance qualities. While it is impossible to be perfect in every task they undertake, an employee who exhibits the yearning to learn more is considered an asset.
Opinions & feedbacks
Feedback plays a major role in evaluating an employee. If a team member successfully pitched an idea to your customer or built a good rapport with their colleagues, they earned a brownie point there. So, always keep an eye out for any feedback or opinions about your employees that comes your way.
While behavioral and capability index plays a pivotal role in evaluating the potential of an employee, pure metrics like sales revenue are easy indicators of their performance. If an employee brings in consistent profit to the company, then that person is definitely an employee worth retaining.
Response to feedbacks
Though managers expect their employees to take constructive feedback in the right sense and see it as an opportunity to improve, they do not expect an employee to agree to everything blindly. The employee should be able to analyze the situation critically and understand why they were asked to improve. It should be a healthy two-way conversation that helps in improving productivity levels, making corrections, and understanding each other’s viewpoints.
Employees who are willing to take ownership of their assigned work are observed to figure out exceptional solutions faster. Such employees are indeed a great asset to the company. Startup companies especially need employees with such skills to help them overcome challenges with undeterred passion.
The ability of an employee to withstand pressure and ensure that the deliverables are completed on time is definitely something every employer would look for. So, if you want to evaluate an employee, check their work completion rate and quality of the tasks done. The results will definitely guide you.
Choose The Criteria That Works For You
Though all the above pointers can help you in evaluating your employee’s productivity levels accurately, you can always rely on other criteria choices. The responsibility lies with the HR management to decide what criteria should go into the evaluation processes and what should not. But once the ideal method is decided, make sure that you follow it strictly and check the metrics regularly. This will help you spot the best talent and ensure your organizational growth.