Optimising Your Annual Performance Appraisal: The Do's and Don'ts
As the end of the financial year approaches, it's time for the annual performance review, that pivotal moment where you sit down with your manager to discuss your accomplishments, areas for improvement, and career aspirations. While it might seem like just another task on your to-do list, your annual review is a valuable opportunity to reflect on your progress, set goals for the future, and advocate for yourself within the company. To make the most of this important meeting, here's a guide on what to do and ask for at your next annual review.
Preparation is Key
Before heading into your review, take some time to reflect on your performance over the past year. Consider your achievements, challenges you've overcome, and areas where you can improve. Gather feedback from colleagues, clients, and other stakeholders to gain a well-rounded perspective on your performance. Having a clear understanding of your strengths and weaknesses will help you articulate your contributions during the review.
What to Do During the Review
Highlight Your Achievements: Start the review by highlighting your key accomplishments from the past year. Be specific and quantify your achievements whenever possible. Share success stories that demonstrate your impact on the company.
Discuss Areas for Growth: Acknowledge areas where you have room for improvement and discuss any challenges you've faced. Demonstrate your willingness to learn and grow by outlining your plans for addressing these areas in the coming year.
Set Clear Goals: Work with your manager to set clear, achievable goals for the upcoming year. These goals should be aligned with both your personal development objectives and the company’s strategic priorities.
Seek Feedback: Don't be afraid to ask for feedback during the review. Understanding how your manager perceives your performance can help you identify blind spots and areas for improvement.
Express Your Career Aspirations: Use the review as an opportunity to discuss your long-term career goals and aspirations. Share your interest in taking on new responsibilities, pursuing professional development opportunities, or exploring advancement within the company.
What to Ask For
Salary Review: If it's been a year since your last salary review, don't hesitate to ask for a salary adjustment that reflects your contributions and market value. Come prepared with data to support your request, such as industry benchmarks and examples of your accomplishments that warrant the salary increase. But be mindful, if there hasn’t been an improvement in performance, then there may not be a salary increase – it is a performance appraisal after all.
Professional Development Opportunities: Inquire about opportunities for training, mentorship, or professional certifications that can help you enhance your skills and advance your career.
Flexible Work Arrangements: If flexibility is important to you, discuss options for remote work, flexible hours, or alternative work arrangements that can support your work-life balance.
Recognition and Rewards: If you've gone above and beyond in your role, don't be shy about asking for recognition or rewards. This could include bonuses, promotions, or other forms of acknowledgment for your contributions.
Feedback on Career Progression: Seek feedback on your career progression within the company. Ask about potential paths for advancement and what you can do to position yourself for future opportunities.
Your annual review is more than just a formality—it's an opportunity to take stock of your accomplishments, set goals for the future, and advocate for yourself within the company. By preparing thoroughly, actively participating in the discussion, and asking for what you need to succeed, you can ensure that your next annual review is a productive and rewarding experience.