Employee evaluation forms are used to formally review and document an employee’s performance.
Evaluating and providing feedback on an employees’ performance is often seen as an unimportant, time consuming task for line managers and HR representatives. In fact, research shows that 58% of companies say it’s not an effective use of time. Only 8% of companies believe their performance management process drives business value, and one in every five employees won't receive feedback on how they’re performing.
However, as dull and dreary as it may seem, evaluating an employee and giving them constructive feedback on their performance is imperative for a happy, productive and effective workforce.
The proof can be found in this pudding:
According to Steffen Maier (Co-founder of Impraise), companies that complete regular employee evaluation forms to give performance feedback have a 14.9% lower turnover rate than companies that don’t.
A study by LinkedIn found that 69% of employees say they would work harder if they felt their efforts were recognized.
And, not to ‘over-egg’ this pudding, Forbes has also spoken.
‘Recognition is the number one thing employees say their manager could give them to inspire them to produce great work’ - Forbes
Not only do employee evaluations boost employee morale, confidence, and therefore performance, they also provide critical information for companies to use when making important decisions, such as promotions, pay raises, and layoffs.
So, with this in mind, we, at Process Street, have created this employee evaluation form.
Use this performance review template to ensure that the lines of communication between the employer and their employee, about their level of performance, are crystal clear.
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