Episode 183: (Team Retention) Mastering the Performance Review

The People Strategy Podcast

Traci Austin is the Owner and Chief Talent Officer at Elevated Talent Consulting, a certified woman-owned HR firm. As an HR professional and chief strategy consultant, she has over two decades of experience creating and building HR departments for small businesses. Traci specializes in employee development, consulting, and coaching and creates fulfilling work environments that align employee aspirations with business goals. She also hosts The People Strategy Podcast.

In this episode…

Most people dread annual performance reviews, fearing their managers will judge them for poor performance. In reality, these review sessions should encourage employees to maintain autonomy over their roles so they can pursue their strengths and passions. How can managers and leaders optimize the performance management process to keep employees engaged and proactive in their roles?

Rather than conducting performance reviews to maintain organizational compliance, HR executive Traci Austin says performance management should be an ongoing feedback loop that aligns company and employee goals. Managers can gather feedback through employee self-assessments and by conducting monthly and quarterly reviews. These review meetings are joint responsibilities between employees and managers to set and achieve goals aligned with the organization’s desired outcomes. Throughout the process, leaders should maintain clear accountability expectations and communication, providing employees with a platform to express concerns and grow in their roles.

In this episode of The People Strategy Podcast, co-host Chad Franzen of Rise25 sits down with Traci Austin to discuss the performance management process. Traci shares practical tips for creating conditions for employees to contribute, the significance of continuous performance documentation, and how performance reviews support employees' goals.

Sponsor for this episode…

This episode is brought to you by Elevated Talent Consulting, a leading provider of comprehensive talent management solutions.

Whether you're looking to optimize your recruitment process, enhance employee engagement, or develop effective leadership strategies, Elevated Talent Consulting has the expertise to level up your team.

Discover how they can transform your workforce at elevatedtalentconsulting.com.