By conducting a performance evaluation of its employees, management can assess their performance and identify deficient areas that employees need to rectify. A performance evaluation system consists of employees’ job description that needs to be evaluated. Another component of a performance evaluation system is the staff review form that should be completed 1 week prior to the actual performance evaluation.
Other components include the management review form and a staff salary matrix. 360-degree reviews enable workers to evaluate their fellow workers and staff to rate supervisors. It measures employees’ competencies and behaviors. The system provides feedback to employees on how their fellow employees view them. The technique addresses skills like planning, listening, and goal setting.