How to Prepare for Your Merit Increase Review and Job Yearly Review | Top 10 List

How to Prepare for Your Job Review and Merit Increase | Top 10 List

Posted on 19. Mar, 2010 by Admin in Education, Lifestyle, Social

Tags: Job Perfomance Review, Merit Review, work

Everyone wants to work for a successful company and every successful employee is avid in delivering a job performance that is the essential to a company’s success. Whether you work for a small business or a large corporation, as a successful piece of a working engine, you in return would like to be recognized and compensated through your merit increase. A merit raise is the direct result of delivering a well-balanced and efficient job and by reaching and possibility exceeding your goals. A win-win situation is, however, direct result of a successful job performance review that leaves both you and your boss satisfied.

Job Review Process

Photo source

How to Prepare for Job Performance Review:

1. Start with your last year’s review

Most employees prepare their review documents (i.e. personal management progress) in a yearly fashion. This may be a long time to remember the details of the documentation process. Start with what you had prepared for the previous year. Take a good look through it and write down how you have improved on the areas that was previously emphasized on.

2. Prepare supporting documentation for your performance review

I personally take out all reports, supporting research or even my emails and file them according to each of the improvement plans agreed upon previously. Doing this not only gives you confidence in what you have done but also helps you prepare the details if asked for. If someone, who is in a higher rank than your position, complements you about your work, ask him or her for a letter stating their particular point of satisfaction with your job. You can then add it to your review file.

Organize your notes and have them with you at job review. Avoid walking in with a stack of detailed papers. Pick the top five supporting documents and have reference for the rest of the good work you have done throughout the year.

3. Keep next year’s job performance review in mind

In some companies this is called Development Objectives or Action Plans. When you go over your work for your Development Objectives, with your manager or boss, spend roughly 10 % of your time discussing your future plans and how you want to build on your work. This includes how you would contribute to your team as well as what tools you require to adequately perform your job. You may need new training, a new software or additional office space to work in.

Remember that you have to justify your needs according to the work you are assigned to; be sensible and rational.

4. Avoid direct argument with your job appraiser

You should definitely avoid a direct disagreement, especially when it comes to the way you may want to discuss the negatives of your performance appraisal. Whether you agree with your executive’s perceptions or not try to respond with a statement like “I understand how you might have viewed it this way.

Next time, I will handle or improve on it by doing such and such.” Or “I want to do whatever I can to strengthen our working relationship. I consider us a team.” A constructive approach to your performance job review shows that you are willing to adapt to an ever-changing work environment and shows that you are a person who is constantly challenging himself or herself.

5. Know your bosses approach and style when it comes to Job Performance Reviews

Pay attention! Its not about how you want to do your merit review, it’s all about how your boss likes it done. Remember that he or she does the personal performance review of more than just one person (you!), so he has a plan and an approach that he likes to follow.

This is kind of like your first interview. Remember that fine line between asking too many questions, making too many comments and staying quiet until you are asked! Well neither of them is good. But at your personal review secession, with your supervisor, you have more room to be friendly but know your bosses approach and do not cross the lines.

Keep it professional but do not shy away from comments

6. Go over the general topics of your job review with a coworker

It’s always good to ask about your collogues yearly review but keep it general. Most people do not like answering details.

Begin collecting supporting information immediately after your last review.

Remember that preparing for your job performance review is not a one-day thing, it takes the whole year to be conscious of this review. Collect supporting documents and save it in a place easily remembered.

Here are more points to keep in mind while doing your job performance review

7. Focus on ways that you have gone above and beyond your job definition

Keep putting the attention on your strength. Repeat your strengths and parts of your job, which have really affected the organization in a positive way.

8. Show how you have saved the company money or provided a unique contribution

Most companies have a “cost saving” or “productivity” chart, which over the fiscal year, employees can mark the amount of money they have saved or the revenue they have contributed in. This is a good source to add up all your coins you have helped you company save. If this does not exist in your organization, then ensure to keep a summary of the savings you have managed for your work.

9. Tell your boss how you’re planning to improve on tasks and the way you approach your job

Supervisors and managers always and always like to see improvement, or looking to improve from their employees. If you are active in addressing your plans on how you are looking to improved on your tasks, then you are actually helping to secure you boss’s satisfaction.