Performance management does not need to be a hassle or a headache. Almost 80% of companies struggle with completing performance reviews in a timely fashion. Generally speaking the workflow, approval and reviews themselves usually are the problem! Manual performance reviews take way too much time out of your day to complete, whether you are in HR or the employee actually completing the performance reviews.
Thats why we are here to help! Here are three reasons as to why people should swap to an online performance review system to help streamline your processes to avoid the pain of yearly reviews.
1) Improve Communication
Performance reviews have become a surprise and that is the antithesis of what they should be. By having reviews become a surprise, employees are not getting what they need out of the process. Reviews should focus on empowering and fostering a desire for betterment, not confusion. "Why did I get a three out of five? Nobody told me I wasn't doing well during the year!" has been a sentence uttered far too many times. By automating your review process, you are able to utilize your online system to provide regular feedback between managers and employees to make sure that your review isn't a complete surprise.
2) Time Management
We have all been there. You complete your review, email it to your manager, it sits in their inbox. Once they complete it, they forget to send it to HR and now you are in limbo until you send 50 emails to make sure it gets done. On average a single review takes anywhere between 30-40 work hours to get through. If we do the math, multiply that by your employee population... that is a LOT of money wasted. Automating your reviews makes sure that when one step is completed, the next is automatically triggered so people don't have to run around! This also ensures that if you have an approval route, the next step is started immediately! No more back and forth.
3) Workflow Management
Workflows are critical to ensure a process gets completed efficiently! In terms of a performance review process, the workflow determines the schedule and the steps needed to ensure that your performance review gets completed! There are no guessing games as to where things go next, when things are due, or who's turn it is to review. Workflows in an online performance management tool allows for your team to focus on what is necessary, not chasing down people who are delinquent. This also allows for trigger events to help schedule next steps. Things like PIPs, checkins, etc can all be developed to make life easier.
If you are interested in learning more, ReviewStar has a webinar that you can watch to learn a lot more on the specifics of automating! Click below to watch the webinar.
~ The ReviewStar Team