Manage and Maximize Your Staff Performance throughout the employee life-cycle with this small business focused Performance Management kit.
If you have employees then this performance management kit will enable you to set goals and review performance against those goals on a quarterly or monthly basis. Continuous feedback rather than annual reviews is now considered to be the gold standard in performance management. It also includes a specific form to manage new hires through their probationary period, along with a bonus scheme to help reward employee who meet and exceed goals, further driving performance.
- Includes a quarterly appraisal form containing goals
- Includes a probationary period form to manage new hires
- Includes a bonus scheme to focus and drive staff
- Includes a Performance Appraisal Training E-Book
- Contains a personal development plan
- Supports continuous feedback
- Optimizes staff performance
- Helps new hires to hit the ground running
- Encourages continuous improvement in staff
For a company of 5 people, it’ll cost you about £250 a year for performance appraisal software, and about £1,000 a year to have a HR consultant run it for you.
If you want great performance management at a fraction of the price then StaffTRAK Performance is just for you.
StaffTRAK Performance gives you the ability to manage your own performance appraisals, using these 5 documents.
- One page, simple quarterly appraisal form in word format for beginners
- One page, advanced excel format appraisal form, for advanced managers.
- Simple Bonus Plan to reward staff who perform well
- Point Guide To Make Your Staff Love Appraisals Again
- . Probationary Review Period Form
All documents can be downloaded straight after purchase, and allow quarterly appraisals which research shows to be far more motivational than annual appraisals.
1.Quarterly Appraisal Form (Word Format)
The appraisal system is in word format and contains four replica appraisals forms for February, May, August and November, enabling you to do quarterly appraisals.
It contains 2 very simple questions that enable employees to self-evaluate in a constructive way, and also has a comments section for managers to provide praise and constructive feedback.
It’s only meant to last 15 to 30 minutes;it’s a check-in.
No scores or performance ratings are given, as this has proven to be confrontational, it’s meant to be a reflective process that encourages honest discussion
2. The One Page Appraisal Form. (Excel Format)
The system contains: 1.) Notes for use, 2.) Appraisal Form, 3.) Appraisal Tracking system.
There are 4 parts to the appraisal form:
1.) Employee Self Appraisal – Employee evaluates own performance.
2.) Manager Appraisal – Manager evaluates the employee’s performance.
3.) Objectives/Targets – Set goals to motivate staff to perform
4.) Personal Development Plan – Set learning goals so staff improve
The appraisal form is uniquely designed in a way so that the employee and manager appraisal and development plan, sit side by side. The theory here is because the business is showing it’s commitment to development, staff will be more comfortable about discussing weaknesses.
The Rating System goes from 4 down to 1 as follows: 4: Exceeding expectations, 3: Meeting expectations, 2: Acceptable with specific improvements, 1. Not acceptable
The Tracker System is a means for tracking performance and is a Digital Dashboard to provide an overall perspective on performance. I’d recommend quick quarterly reviews.
3.The Small Business Employee Bonus Plan (Word Format)
This is a bonus plan system document and it includes everything you need to develop and administer a bonus plan for your small business. It is a 5 page word document of 1505 words in length.
The premise of this bonus plan is simple. Employees are given a bonus pot, which is a % of their salary. This bonus pot is combined with a Company Performance Factor (CPF), Individual Performance Factor (IPF), and Team Performance Factor (TPF) to determine the actual bonus award that will be paid, according to the formula shown below.
Base Salary X Bonus Target X CPF X IPF X TPF = Bonus
4.) 20 Point Guide To Make Your Staff Love Appraisals Again.
What This Product Does:
“I have spent most of my career working as a HR Consultant in small businesses. I understand what it takes to perform effectively in these environments.
I have built and now present to you an appraisal management guide, specifically suited to a small, but growing business with both new and experienced managers.”
Kazim Ladimeji MCIPD – HR Consultant and Editor
5. Probationary Period Form (Word Format).
This is a probationary period form and it includes everything you need to implement a trial period for a new into your business. It is a 3 page word document of 566 words in length. It details out a step by step which covers:
1.Initial Review Meeting
2.Interim Probationary Review Meeting
3.Final Review Meeting
It is a tabulated, instruction reach, easy to use document that will guide you every step of the way through implementing a probationary period in your small business. You will be directed to a page straight after purchase from which you can download the full kit.