An annual performance review is like taking a bath once a year. One cannot eliminate all the dirt in one swoop since the frequency of the bath or review is so low. Some employees find performance reviews as a waste of useful time and just an annual ritual that has to be performed while working for the company.
Other employees find it extremely important to have a performance review at least once a year. Employees with a high level of emotional intelligence understand that-
The supervisor should give feedback to employees on a regular basis
Its not uncommon for supervisors and employees alike to see the performance review process as interfering with their work routine
Key leadership traits and ethics are at stake during a performance review
Discussing performance once a year will not develop empathy for other employees overnight
There are a few points that can make the performance review process very effective and productive-
Discuss the overall yearly record to identify the tasks that were performed well and those that require improvement. Also discuss the things that the employee desires or expects from their management team
Identify the areas where the employee needs to improve upon in a professional development plan. Discuss a list of actions that the employee must undertake in order to be more effective to the organization. Also give suggestions if the employee is doing well and how they can take their actions to the next level.
Finally, summarize the actions that are to be taken along with their respective deadlines.
It is imperative to understand that the review process is not a pointless exercise. Moreover, it must be understood that the employees will use the performance review to see how they contribute and fit in to the company.