As companies move forward to the future of the workplace, embracing fully remote or hybrid work, it is crucial to provide valuable and timely feedback. By fostering a company culture that relies on fair and informative evaluations, you can empower employees’ professional growth and strengthen their productivity and interpersonal relationships.
Statistics that back up the significance of open and unbiased performance evaluations say that companies that overlook the importance of feedback may face a 16% retention decrease. If you want to avoid this unfavorable scenario, keep reading.
This article will show you effective feedback strategies you can use to ensure your teams work and communicate seamlessly, improving their productivity.
Invest In Advanced Solutions to Create Data-Based Feedback
The time of cryptic, vague, and belated employee evaluations. The majority of employees nowadays want to be in sync with their performance, seeking immediate recognition of their achievements, or support needed to improve their skills and become more productive.
If you want to meet these needs, try investing in a work tracking app that’ll offer detailed, real-time employees activities. One look at the employees’ dashboard will tell you what apps and websites they tend to use during work hours, dividing them into productive, unproductive, and neutral categories.
You can also track their progress on ongoing tasks and projects to benchmark performance and set a foundation for future success. Use the work tracking data to create automated performance reports that paint a complete well-informed picture of employee productivity.
These real-time, data-based reports will also help you recognize exceptional achievements and reward top performers. At the same time, you’ll be able to step up as leaders and offer support and additional training, helping employees improve their skills and fulfill their potential.
By taking this data-driven approach to employee performance evaluation, you may retain top talent, motivating employees to be more productive.
Speedbacks Can Be The Key to Improved Performance
The lack of open communication in remote work settings can often lead to missed deadlines and unfinished projects. This can result in client dissatisfaction, lower productivity, and profit. If you want to run highly productive remote teams that are in sync with each-others workflow and progress, try encouraging speedbacks. This is a performance evaluation strategy that may improve communication and interpersonal relationships between employees, shaping them into tight-knit and highly productive teams.
Speedbacks follow the same pattern as speed dating. Here’s what your employees need to do to get the most of it:
- Employees should make pairs and exchange feedback for about 10 minutes
- Once the time is up, they should switch pairs and repeat everything until everyone has spoken with each other once
- If you want to get optimal results from this practice, make sure employees prepare their speedbacks upfront, outlining one useful suggestion.
As a leader, you have a significant role during the first speedback. You need to encourage employees to be honest and objective, helping them prepare for the rounds, keeping time, and paying attention to switches.
Speedback sessions can be a great way to improve transparency and balance between teams, especially if they work remotely and lack real-life communication. By exchanging straightforward evaluations with their colleagues, your employees will erase imaginary boundaries that may have separated them, leading to constructive conversations that clarify goals, expectations, and processes.
Open And Objective Feedback is Based on Trust
These improved feedback strategies depend on the level of employee acceptance of the idea. If your employees show resistance to giving and receiving feedback, this may mean that they don’t trust their colleagues’ or your good intentions.
Before you start implementing some of these feedback strategies, you need to build an atmosphere of mutual trust in your company, making sure that employees beat their fears related to feedback and gain significant benefits from it.