Employee Handbook Update 2018

PERFORMANCE
MANAGEMENT
HOW AM I
DOING?
What is Performance
Management?
It is a process that helps an organisation
meet or exceed its goals. Performance
Management is the process of:
• Planning work & setting
employee expectations.
• Continually monitoring
employee performance.
• Developing the employee’s
capacity to perform.
• Periodically rating the
employee’s performance.
• Rewarding good performance.
The Performance Management
process consists of three steps:
Step 1: “Objective setting – develop mutually agreed
upon objectives.” Managers and employees
determine performance objectives, how they will
be achieved and how results will be measured.
Step 2: “Mid year review – review progress against
objectives.” Should be done periodically
throughout the year.
Step 3: “Year end review – review annual performance
against objectives.”
What should you expect?
Objective setting begins with the manager
and employee agreeing on a set of written
objectives and the results which should be
achieved. These must be SMART objectives:
S-Specific
Objectives must focus on specific results
rather than on general or vague actions.
M-Measurable
If an objective cannot be measured (time,
quantity, etc.), it cannot be effectively
managed.
A-Agreed
Managers and employees should both agree
on objectives in the performance plan.
R- Realistic
Objectives must be relevant and achievable
and aligned with and support the goals of
the department, division and company.
T-Timely
The objective should be linked to a time
frame in which it should be achieved.
Mid year review:
Provides for the chance to have at least
one formal feedback discussion in the
middle of the year to discuss progress
against objectives:
• What’s going well?
• What can be improved?
• “Ensure there are no surprises.”
Year end review:
The employee summarises their
accomplishments against objectives for
manager’s review and the manager
formally reviews the performance rating
with the employee.
These personal and confidential reviews are
collaborative, in other words you give your
input together with your manager. They
are a great opportunity for you to talk
about how you are doing and also about
your career at Varsity College and what the
future could hold for you.
Employee Development
Worksheet (EDW):
Your line Manager will sit with you
annually to draw up an individualised EDW
that will speak to a personal development
plan for you. This will include looking at
training needs, career aspirations and
development plans to assist you with
closing any gaps that may exist between
your current role and your future potential
position/s that has been identified.