Last updated on November 8th, 2018 at 01:10 pm
Why Do Quarterly Appraisals?
Only 13% of staff and 6% of CEOs believing year-end reviews are effective, finds Leadership IQ, and many employees actively hate and distrust the annual appraisal format. Ditching annual appraisals is not the answer. Performance assessment is essential. Rather, mimic industry leaders like Microsoft, Google, and GE in replacing this awkward, annual format with a more frequent, research-proven, lighter-touch quarterly/monthly check-in format. Quarterly appraisals allow your company to be more agile, quick-to-market, and responsive-to-change, giving you the edge in the modern, unpredictable business world.
Try our Quick and Simple Quarterly Appraisal Form
Why Buy StaffTRAK Quarterly Performance Appraisal? (Word Format)
- Improves performance, firms that do quarterly appraisals deliver 31% greater investment returns. Source: Bersin by Deloitte.
- Uses motivational constuctive feedback format, rather than a crude performance rating system which demotivates staff.
- Focussed around self-evaluation, which research shows that employees find more motivational.
- One Page Form, for ease and speed of use, perfect for the time pressurized small business manager.
- Download straight after purchase. You’ll be automatically directed to the download page after purchase. No delays. It’s instant.
StaffTRAK Quarterly Appraisal
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.
Value for money:
For a company of 20 people, it’ll cost you over £1,000 a year for performance appraisal software. StaffTRAK Performance gives you the ability to manage your own performance appraisals, using just 5 documents. If you want great performance management at a fraction of the price then StaffTRAK Performance is just for you.
|MARKET PRICE COMPARISON: StaffTRAK Perform VS Appraisal Software|
|Appraisal Software Vendor||Yearly Price Estimate|
|Small Improvements||£1,500 a year for 35 staff|
|Assessteam||£1,260 year for 35 employees|
|People HR [Perform]||£1,050 year for 35 employees|
|StaffTRAK Perform||£10 for unlimited employees|