Regulatory Compliance - Performance Management Assessment Sample #1





Performance Management System:

Performance Assessments that include Regulatory Compliance:
Assessment 1 (5-point scale; IDP Comments)
Assessment 2 (3-point scale with Comments)
Assessment 3 (Manager Assessment; 360-Feedback)
Assessment 4 (3-point scale; Rating Limits)
Assessment 5 (3-point scale; Rating Limits)
Assessment 6 (5-point scale with Comments)
Assessment 7 (Comment Boxes Only; IDP)
Assessment 8 (Comment Boxes Only)
Assessment 9 (3-point scale with Letter Grade)
Assessment 10 (360-Feedback; Bonus/Merit Pay)
Assessment 11 (Core Values & Job Competencies)
Assessment 12 (4-point scale; 6 Comment Boxes)
Instructions:


This performance appraisal program is designed to provide a standardized method to:
  1. Provide an objective evaluation of an employee's performance and to share this feedback with the employee
  2. Assist in determining the true development needs of the employee and actions that should be taken to improve their job performance.
  3. This form is intended to ensure fair and equitable salary management. Please note that this review is one of several factors considered in salary decisions.

Employee Input
Please provide brief answers to the questions below. Your feedback is vital to us. We aim to capture all your achievements during the performance review period. The details you enter will be part of your Performance Appraisal. If you need to include any additional printed sheets, please sign, date, and submit them to your Department Head. Additionally, if someone else should contribute to this review, kindly provide their name and contact details.


Part 1: Skills and Accomplishments


  1. Please list of your significant accomplishments and any team projects you completed during this evaluation period. Be sure to include a description of the purpose of each project and your specific contributions.
  2. This information will help us recognize your efforts and understand the impact of your work.



  3. Please detail any professional development activities you have engaged in, such as
    college courses, additional training, seminars, and trade magazine readings.



  4. What do you consider your greatest strengths in your current job?



  5. Which areas of your performance at the company do you feel need improvement?





Part 2: Job Competencies

Rating Scale:

5: ExceptionalPerformance consistently surpasses job requirements. Both the quality of your work and the manner in which you achieve it far exceed the standards and expectations for your position. You demonstrate exceptional competence and productivity. This high level of performance is evident throughout the year and across all critical aspects of your role.
4: Very GoodThe employee consistently exhibits strong performance across nearly all competencies, skills, and responsibilities. They often surpass expectations when executing their tasks, with minimal preventable or controllable errors. Furthermore, they make significant contributions to their team(s) and are highly regarded and sought after within their team(s).
3: SatisfactoryThe employee consistently shows satisfactory performance and effectively completes assigned tasks. They are fully competent in their role and perform their duties adequately. However, they may require some direction or supervision.
2: Needs ImprovementThe employee falls short of the high expectations for this competency and does not sufficiently achieve assigned task objectives or fulfill all responsibilities. The employee has not demonstrated sustained improvement or maintained the necessary skill set. Performance must improve within the specified time frame set by the manager.
1: UnsatisfactoryThe employee consistently falls short of the performance standards expected for this role in nearly all key areas. The quality and manner of their work are below company standards and deemed unacceptable. Without significant and immediate improvement, this rating should prompt the employee to reflect on the suitability of their continued employment.

Regulatory/Compliance

Unsatisfactory
Needs
Improvement
Satisfactory
Very
Good
Exceptional
Uses compliance reports to evaluate the effectiveness of compliance initiatives identifying areas of risk. Keeps detailed records of compliance measures. Offers training to employees to ensure they are complying with regulations.

Performance

Unsatisfactory
Needs
Improvement
Satisfactory
Very
Good
Exceptional
Works well in this position. ...Produce Quality Shown significant improvement in job performance.

Problem Solving

Unsatisfactory
Needs
Improvement
Satisfactory
Very
Good
Exceptional
Understands the root causes of problems. Makes judgments based upon relevant information. Identifies and assesses all potential responses to a problem.

Initiative

Unsatisfactory
Needs
Improvement
Satisfactory
Very
Good
Exceptional
Takes action to establish clear and concise deadlines for tasks to be completed. When working on a problem in a team, they are often the first to suggest possible solutions. Updates the documentation as soon as the situation changes.

Achievement

Unsatisfactory
Needs
Improvement
Satisfactory
Very
Good
Exceptional
Reduced department expenses by 25 percent. Created impactful reports for the re-organization committee. Establishes Specific Measurable Achievable Realistic and Timed (SMART) goals.

Excellence

Unsatisfactory
Needs
Improvement
Satisfactory
Very
Good
Exceptional
Can be counted on to add value wherever they are involved. Is planful and organized. Produces high quality work.

Responsible

Unsatisfactory
Needs
Improvement
Satisfactory
Very
Good
Exceptional
Sets a good example Sets high personal standards of performance. Acts as a resource without removing individual responsibility.

Business Acumen

Unsatisfactory
Needs
Improvement
Satisfactory
Very
Good
Exceptional
Understands and applies business and financial principles. Creates strategic plans that conform with regulations and industry guidelines. Understands business fundamentals and practices.

Action

Unsatisfactory
Needs
Improvement
Satisfactory
Very
Good
Exceptional
Sets high standards for themselves and others. Avoids "Analysis Paralysis" through action. Acts quickly to create innovative products and services.

Punctuality

Unsatisfactory
Needs
Improvement
Satisfactory
Very
Good
Exceptional
Conducts appointments at scheduled start time. Responds to requests for information in a timely manner. Arrives to meetings on time.

Management

Unsatisfactory
Needs
Improvement
Satisfactory
Very
Good
Exceptional
Makes you feel enthusiastic about your work Keep staff informed about what is happening in the company Sets an example for others to follow

Part 3: Your Individual Development Plan

Short-term Goals
What goals do you wish to accomplish in the next year?


Long-term Goals
What goals do you wish to accomplish within the next 2 to 3 years?


Skill Acquisition
What new skills do you plan to acquire within the next evaluation period?