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Why appraisals are essential to business growth

by | Jan 19, 2021 | News

Man doing calculations while on the phone

With a new year comes new opportunities, new chances for growth, and positive change! It’s very important to hold regular Personal Development Plans (PDPs) with your staff to make sure they are on the right track. Some businesses opt for once a year, but every 6 months is ideal. This doesn’t necessarily mean a pay rise every 6 months, it just gives you the chance to really sit down with your staff, review past performance and set realistic future goals. Keep reading to find out why appraisals are essential to business growth! 

Staff development

Regular appraisals give both you and your staff time to develop. From a staff point of view, it’s important that staff understand they are being monitored and that good behaviour will be rewarded! It’s also a great chance for you to point out any training that may be beneficial for them. By setting goals within the appraisal, you are both clear about what will be followed up in 6 months or a year’s time. It might be a great time to recognise the efforts of some of your key players and reward them accordingly!

Management growth

Appraisals/PDPs are also really beneficial for you, being the manager or company director of a business! You may receive some feedback from your staff that may spark a change in management processes. As well, it’s a good opportunity for you to make your expectations really clear and introduce any company changes that will be happening in the next 6 months.

How can we help?

Delivering good news to employees can be an easy conversation, however, when you’re dealing with underperformers the conversation can be a bit trickier. Here are just a few ways that we can help add value to your performance management process: 

  • Working with managers to set objectives/KPI’s
  • Implementing an appraisal process and providing full training
  • Dealing with underperformers

If you feel as though you or your management team needs help or guidance when it comes to appraisals, we’re here to help. It’s what we do!

Simply fill out our contact form or give us a call on  01925 626253

As we had recently come up against some difficult staffing issues which we had not experienced before, Ellen Parkin at Spire HR was recommended to us by one of our business partners to guide and assist us with the complex HR legalities we needed to adhere to.

Ellen was very efficient and professional and gave us instant confidence that she would be able to competently provide the help we needed. Ellen was readily accessible via email or telephone throughout the whole process and gave us the vital lifeline we needed during a very emotive and stressful time. Spire HR realised that as an SME, we had to balance the commercial viability for HR consultancy with the expertise and guidance we needed and Ellen was open and honest from the outset, providing a cost-effective and professional service. I would therefore have no hesitation in recommending Spire HR to anyone.

 

We are too small to justify a full-time HR employee; yet we cannot afford to ‘get it wrong’ The excellent service offered by Spire HR Solutions is the perfect solution for us

 

AGP have used Spire HR Solutions Limited for numerous matters relating to HR issues for both ourselves and clients of the practice. I have always found them to be extremely knowledgeable and helpful and to be very responsive to our needs.

Spire is now the practice’s first point of contact for any HR issues we encounter and I would certainly recommend them to anyone in need of assistance with any HR matters.

 

Ellen has helped streamline procedures and provide greater controls through her extensive knowledge and professional dedication, which has enabled me to concentrate on my main objective, growing the business.

I would say ‘key’ to her service is the confidence she provides with the HR guidance, I know without doubt that when dealing with my employees I follow the correct procedure and staff feel confident that they have the right HR support. The guidance on our bonus structure and appraisal scheme is one of many examples in which Ellen’s guidance has been invaluable.

I have been pleased with work Ellen has done for us and would not hesitate to recommend her to others. She provides a high quality, professional service and is very responsive to the needs of a small, growing organisation.

 
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