There is no set standard for evaluating employee performance, but businesses should have a clear and fair approach towards appraisals. To conduct employee evaluations, different factors should be considered, including the employee’s strengths and weaknesses, their individual goals and their performance towards these objectives. For more information, read Employee evaluations.
A performance rating should be assigned based on the overall assessment of the employee’s performance. An employee’s performance can be:
outstanding - if the employee exceeded their objectives and more than fully demonstrated their competencies
standard - if the employee is on par with what is expected of them in their role, is meeting their objectives, and is demonstrating their competencies at required levels
below standard with development needs - if the employee is meeting and demonstrating some, but not all, of their objectives and competencies and requires further support and development
unsatisfactory - if the employee’s performance is unacceptable as they are not meeting the expectations of the role, not meeting their objectives, and not demonstrating their competencies