Business: The performance review anachronism

performance review

a formal assessment of an employee's work, achievements and development (оцінювання результативності працівника)

anachronism

something that belongs to an earlier period and seems outdated in the present (анахронізм, застаріле явище)

performance appraisal

a formal process of evaluating an employee's performance against expectations or objectives (оцінювання ефективності працівника)

performance management

the process of setting expectations, monitoring progress and improving employee performance (управління результативністю)

annual review

a formal assessment of an employee's performance carried out once a year (щорічне оцінювання)

continuous feedback

regular comments and guidance provided throughout the year rather than only during formal reviews (постійний зворотний зв’язок)

360-degree feedback

an evaluation based on feedback from managers, colleagues, subordinates and sometimes clients (360-градусний зворотний зв’язок)

self-assessment

an employee's evaluation of their own performance, strengths and weaknesses (самооцінювання)

performance indicator

a measurable sign used to assess how successfully someone or something is performing (показник ефективності)

key performance indicator (KPI)

a measurable value used to evaluate progress towards an important business objective (ключовий показник ефективності)

objective

a specific result that an employee or organisation aims to achieve (ціль)

benchmark

a standard used to compare performance or results (еталонний показник, орієнтир)

accountability

responsibility for your actions, decisions and results (відповідальність, підзвітність)

constructive criticism

criticism intended to help someone improve rather than simply point out faults (конструктивна критика)

development plan

a structured plan for improving an employee's skills, knowledge or performance (план професійного розвитку)

career progression

the process of developing professionally and moving towards more advanced roles (кар’єрне зростання)

underperformance

performance that is below the expected or required standard (недостатня результативність)

merit-based

determined according to performance, achievement or ability rather than other factors (заснований на заслугах)

bias

an unfair preference or tendency that affects judgement or decision-making (упередженість)

recency bias

the tendency to give too much importance to events that happened recently when evaluating someone (упередження на користь недавніх подій)

calibration

the process of ensuring that employee evaluations are consistent across teams or managers (калібрування, узгодження оцінок)

rating inflation

the tendency to give employees higher performance ratings than they genuinely deserve (завищення оцінок)

tick-box exercise

a process performed mainly to satisfy a formal requirement rather than achieve a meaningful result (формальна процедура заради галочки)

bureaucratic burden

unnecessary administrative work that consumes time and resources (бюрократичне навантаження)

one-to-one

a private meeting between two people, especially a manager and an employee (індивідуальна зустріч)

actionable feedback

feedback that provides clear information about what someone can actually do to improve (практичний зворотний зв’язок)

obsolete

no longer useful or appropriate because circumstances have changed (застарілий, непридатний)

redesign

to change something substantially in order to make it more effective (переробляти, оновлювати структуру)

employee development

the process of helping employees improve their skills, knowledge and career prospects (розвиток працівників)