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What is Performance Management Review?

Performance Management Review is an ongoing, formal and informal process whereby the employee and his/her reviewer communicate and review the achievement of performance expectations and standards over a certain period of time. This is achieved by:

• Ensuring the employee understands the goals of the firm as a whole and those of the employee’s division, business unit and specific work team;
• Setting the employee’s individual work objectives and linking these to the Firm’s goals;
• Confirming the required performance expectations for the employee and the specific role;
• Assessing how the employee has performed against the objectives set previously and ensuring the employee have enough feedback to understand her/his performance, celebrating achievements and extend, maintain or improve the employee’s performance in the future...

This is achieved by:

• Ensuring the employee understands the goals of the firm as a whole and those of the employee’s division, business unit and specific work team;
• Setting the employee’s individual work objectives and linking these to the Firm’s goals;
• Confirming the required performance expectations for the employee and the specific role;
• Assessing how the employee has performed against the objectives set previously and ensuring the employee have enough feedback to understand her/his performance, celebrating achievements and extend, maintain or improve the employee’s performance in the future...

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