Performance Reviews

We are getting closer to the end of the financial year, which is when many businesses conduct salary reviews. Fair Work has already indicated there could be a rise to award rates of between 5 – 7%. We know this will have a significant impact on many businesses so we’re hoping that common sense prevails and a lower rise is announced.

If you’re looking at conducting salary reviews then we would always recommend doing this in conjunction with a performance review. This ensures that you can discuss any areas for improvement, set new goals, and identify training and development opportunities.

If you’re unsure about how to prepare for and conduct employee performance appraisals and salary reviews, we can help. Whether it’s knowing how to structure a discussion; having the confidence to address performance issues; or simply developing the right questions to assess employee performance against what matters most for your business, we can support you.

As a business owner it’s important for you to understand how best to measure and discuss key performance measures such as efficiency, and quality and quantity of work so that you can really understand how the business is performing. It’s also critical that staff feel heard, and have an opportunity to reflect on their performance and provide feedback about the business. We can coach you through how to have these discussions to ensure you and your employees are getting the maximum value out of the process. Properly facilitated performance reviews improve transparency and communication and increase employee productivity, which in turn boosts business growth.