When was last review: Reviews are done yearly at our company - during the month of March and then merit raises, promotions or equity raises are effective April 1st, showing on payroll on April 15th.
The yearly review is viewed as an important activity by the company. My specific boss also views it as a time to appreciate work done in the past year, review strengths and areas for growth, and set forth next years goals.
In the past (I have been with this company for 4 years) the process was a so/so, feel good, just because we have to do it routine. With the new management since June of 2003 this years review process was much more beneficial and worthwhile.
Following the review of the past year, then the new/increased responsibilities and goals are listed. My boss had me fill out my proposed goals and then we met and agree upon the final version.
Then he gave me the opportunity to give him feedback on what he could do to help/encourage my abillity to carry out my duties as his executive assistant.
This was the first review that I felt had any meaning/meat and was worth the time and trouble.
And he appreciated and acknowledged all my effort and support. The above average raise was a welcome treat at the end of the process. Actually since last years review with a 6% raise and 6% equity raise and a grade increase with a 6% increase and a 6% equity increase-to compensate for lost overtime and this years 8% increase I feel very well appreciated and compensated.
As an addition - this year it was proposed and approved by management to have Quarterly Reviews, which are not part of the employee record, done on an informal basis within the department. It gives employees current feedback and a marker during the year as to how they are doing.
Edited by ocblnd on 24/07/04 11:35 PM.
