Performance Review Process 2024
Overview
Goalsetting
- You will set your individual goals for 2024 together with your leader no later than February 28, 2024. The corporate and divisional goals will be approved by the management towards the end of February.
- Document your Goals and -where applicable- Development Steps ("My Development") in the Self Service Portal.
- You can also click on the "Archive" button in the tool to go back to last year's goals and copy and paste some of them if necessary.
- Goals can also cover a limited period of time, i.e. they do not have to cover full 12 months. Goals can also be modified or made more specific, taking into account possible changing conditions during the year.
Regular feedback
- Use your regular 1to1s with your leaders also for real-time feedback and to address development and career opportunities. This way you will always have an up-to-date and clear picture of where you stand.
MID year Review and tee-off
- For a detailed individual review and feedback meeting, you will make a personal appointment with your leader at the end of the half year. In this review meeting, the focus should be on your competencies and your personal development.
- The structure of the interview is determined by four questions that can be found in the review section of the self-service portal under "My development". Together with your leader, you use the questions to reflect on your strengths and areas for development and document these together with agreed development measures in the tool.
- Also look at the goals agreed upon at the beginning of the year and adjust them if necessary. And last but not least: use the session for mutual feedback..
- All colleagues who have passed their probationary period by June 30, 2024 will receive a mid-year advance payment on their annual bonus in July 2024. The amount of the discount will be determined by management for all companies based on the then current business results.
Year End: Performance Review
- The individual review and feedback meeting with your leader based on the goals documented in the Performance Manager Tool takes place in a face-to-face meeting. Your leader will provide an assessment for the full year 2024.
- Also use the "Check-In Questionnaire" for your reflection and for the discussion with your manager.
- Divisions or departments will presented proposals for the rating of their respective colleagues at the November personnel committee meetings. These introductions are prepared jointly by the leadership team of each area.
- Within such Personnel Committee meeting accomplishments and competencies are discussed re selected colleagues. In addition, at the end of the year, we also want to take a closer look at the future development and potential of our colleagues.
- Mid-December, all employees are notified by their supervisor of the final results of the Performance Review.
Mid Year Review
Here you can find the presentation of the Mid Year Review
Competencies
Bonusplan 2024
Bonusplan 2024
Bonusplan LPS 2024
Self Service Portal
The individual agreement on objectives and the assessment of objectives and competencies are documented by the colleague and the manager in the portal.
Possible Leadership Goals 2024
Leadership Goals example for people leaders 2021
Leadership Goals example for functional leaders 2021
Leadership Goals example for people leaders 2020
Leadership Goals example for functional leaders 2020