Goal-Based Pyramid Performance Reviews Save Time & Improve Performance
April 15th, 2022
It's that time of year again. Time to sit down, assess performance, and decide who is getting a raise and who is not. Performance reviews are one of the most dreaded parts of work for both managers and employees.
But I've learned it doesn't have to be!
If you've done the legwork up front, annual performance reviews can be an exciting, rewarding experience that propels your team forward in their professional development.
By using a goals-based pyramid performance review.
This creates a structure where a goal is backed by a core behavior and contributes directly to a team or company objective.
By using this structure, clear direction to employees on what to do (goal) and how to do it (core behaviors) is given, while enabling managers with the information to build the case for merit or promotions (company objective).
This is how it works in real life:
- Ensure your team or your company has created and agreed on clear, measurable objectives that represent the results you want to achieve. These are typically called OKRs (Objectives and Key Results).
- Make sure you have defined core behaviors that relate directly to your culture and achieving your OKRs. For example, proactive communication and active follow up might be core behaviors for a customer service team, whereas, meeting preparation might be one for a sales team.
- Once your team understands where you are headed and the behaviors that will help get there - you want to set aside time for them to come up with 3-5 personal goals that contribute to the objectives and are backed by core behaviors. For example, for a service team member it might look like: Obtain >95 CSAT rating by practicing emotional intelligence in order to help increase our team’s CSAT by 20%.
- After your team has crafted these, make sure they are available in an easily accessible place and you have feedback loops set in place to continuously track the behaviors that are contributing to the accomplishment of the goal.
That's where teamble comes in. We've created a system that will help you manage performance reviews with ease.
With teamble, you can set up these goals easily and implement them into your day-to-day operations so you can track them over time. Then, when it's time for performance review season, everything is already in place, and all you have to do is check off the boxes!
When it comes time for official performance reviews you now have an easy template and data to quickly move through and assess performance in addition to all the information needed to put together evidence for merit or promotional advances in less time than ever.
It's that easy—and no more headaches during performance review season.