Annual performance review

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Annual performance review

1. Purpose of Annual performance review

An annual performance review is conducted for the following purposes:

• To keep the performance of employees in line with the common goals of the Company;

• To provide feedback on the employees’ performance to encourage them to improve or further develop;

• To enhance the communication among staffs;

• To evaluate the development potential of staff members;

• To make basis for human resource policy of the Company such as recruitment, salary or training.

2. Roles of managers

The annual performance review shall be conducted by managers of the company, especially the HR manager. Those shall have following duties:

• To provide feedback with specific details to the employees;

• To identify the strong and weak points of the employees and prepare a plan to handle accordingly;

• To encourage the employees to develop themselves;

• To communicate with other departments of the company with the performance of employees and align the needs of both parties accordingly;

• To identify the development objectives of the employees;

• To communicate the desired performance with the employees;

• To provide necessary information and details for development of human resource policies of the company;

• To provide support for employees of the company to improve and develop their own career development path;

• To evaluate the development of the employees and identify if there is any problem with them;

• To encourage the employees to self-assess themselves and find out how to improve their weakness to enhance the performance;

• To help the employees in preparing their own development strategies and plans.

3. Roles of employees:

• Self-assess their own performance in comparison with the desired standards;

• Identify which areas they are weak and work out solutions to improve;

• Clarify their development path and any necessary actions and resources to be taken and needed;

• Evaluate what they have learn and what they need to learn in the future;

• To consider their contribution to the company and their level of accomplishment as well as satisfaction at work.

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