Year-end performance review templates or annual employee review templates are designed for performance appraisals that cover a lengthy review period. They are meant to be utilized at the end of the fiscal year for an organization, helping leaders evaluate employee performance throughout the entire year. End-of-the-year reviews can also benefit from referring to previous performance appraisals such as quarterly reviews or mid-year reviews as checkpoints, and evaluate how the employee's performance has changed over time.
You can download this year-end performance review template which has a self-review section for the employee as well, in the form of a Word document or an Excel spreadsheet. If you are using Microsoft Teams or Outlook and would like to conduct your year-end reviews over those platforms, you can use Teamflect and conduct your reviews in a completely digitized manner over Teams and Outlook.
A year-end performance review is a formal assessment conducted at the end of the year to evaluate an employee's performance, achievements, and areas for improvement. Year-end reviews typically involve reviewing goals set at the beginning of the year and setting new goals for the upcoming year.
While year-end performance reviews are annual, it's beneficial to conduct regular check-ins throughout the year, such as quarterly or monthly reviews. This ensures continuous feedback and keeps performance aligned with goals, making the year-end review a summary of ongoing discussions.
A comprehensive year-end performance review template should include sections for self-assessment, manager assessment, goal achievement, strengths, areas for improvement, and future goals. It may also include 360-degree feedback and peer reviews to provide a well-rounded evaluation.
Technology can improve the year-end review process by providing tools for continuous feedback, automating reminders, and ensuring comprehensive documentation. Platforms like Teamflect integrate with systems like Microsoft Teams to streamline the review process and make it more efficient.