Friday, September 11, 2020

How Your Goals Impact Your Performance Review

How your goals impact your performance review This is not your ordinary career site. I help the corporate worker who toils away in the company cubicle make career transitions. You want to do your job well, following all the rules -- . The career transitions where I can help you center on three critical career areas: How to land a job, succeed in a job, and build employment security. Top 10 Posts on Categories Business goals are the holy grail of performance reviews. Or, at least they should be. After all, the business goals we work to achieve should be the most important  work we can do to help the business achieve its goals for the year. Goals, though, are a slippery slope when it comes to performance reviews. Here’s why: In large companies, your goal attainment can be 75% â€" or more â€" of your performance review. Hit your goals â€" golden! â€" and the raises and awards are awesome. Mess them up through missing your targets and frustration will set in. How you manage, report, and communicate your goal attainment, then, makes a big difference in your paycheck. Have one goal you need to hit on your review â€" and then miss it. What does that mean for your pay? You got nothing is what it means. The fewer your goals on your performance review, the more you are swinging for the fences. The more goals you have on your performance review, on the other hand, the more likely you will simply do “average” or “successful” on your performance rating. Why? Because you’ll knock some out of the park and the others you won’t. And, on average, well, you’ll be average. Now, there are some good reasons to be average and there are good reasons to try and have fewer goals so you can knock some out of the park. How well your company is doing and how likely are there to be layoffs based on performance come to mind. Lots of goals can be a great thing â€" or really bad for you depending on your situation. Ever had a great goal in January that is no longer relevant in March â€" but still shows up on your performance review in December? We all have. Those goals can be the kiss of death in our performance review rating because the manager essentially shrugs his or her shoulders and says, “Well, the best I can do with this is average because that’s all we did with this goal.” If you don’t modify your goals as you go through the year to reflect what is happening with the business right now, you’ll get the shoulder shrug â€" and lost dollars on your paycheck â€" too. Goals are important to your pay, career achievements, and business results you achieve. That’s why I have a SMART Goals product â€" they are the foundation for getting your performance review right. […] Nail down your business goals. This means both how you will achieve your business goal and how you will measure it to ensure success. Too many people get their goals for the year in corporate American and then drop […] Reply I couldn’t have put it better myself. I especially like what you had to say about modifying goals. Projects and tasks might be stagnant, but goals are meant to flex along with the company. After all, what’s the point of working hard towards an outdated, irrelevant goal? Reply This is not your ordinary career site. I help the corporate worker who toils away in the company cubicle make career transitions. You want to do your job well, following all the rules â€" . The career transitions where I can help you center on three critical career areas: How to land a job, succeed in a job, and build employment security. policies The content on this website is my opinion and will probably not reflect the views of my various employers. Apple, the Apple logo, iPad, Apple Watch and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. I’m a big fan.

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