How to prepare for your year-end performance review

Mark Korevaar our consultant managing the role

In a previous article we covered why you should hire a temporary worker for the year end closing

As the year ends, many professionals find themselves preparing for their annual performance reviews. These meetings provide an opportunity to showcase your accomplishments, discuss areas for improvement, and set goals for the future. However, the prospect of a performance review can be intimidating for some individuals. In this guide, we will explore strategies to help you prepare for your year-end performance review and make the most of this valuable opportunity for professional growth.

Understand the Purpose of Your Performance Review

Before diving into the preparation process, it is essential to understand the purpose of your performance review. While it is natural to feel nervous, it is important to remember that these meetings are designed to help you succeed and gain a better understanding of how your contributions have impacted your employer. By viewing the performance review as a two-way conversation, you can approach it with an open mind, ready to receive feedback and offer suggestions for improvement.

Reflect on Your Contributions

One of the key aspects of preparing for a performance review is reflecting on your contributions to your employer. Take the time to assess the specific ways in which you have added value to your team and organisation. This could include projects you have successfully completed, goals you have achieved, or new skills you have acquired. By being specific about your accomplishments, you can effectively communicate your worth to your employer during the review.

Seek Feedback from Colleagues

In addition to self-reflection, it is valuable to gather feedback from your colleagues. Reach out to co workers, supervisors, and clients to gain insight into how your work has impacted them. This feedback can provide you with a well-rounded perspective on your performance and help you identify areas for growth. Additionally, by demonstrating that you actively seek feedback and value collaboration, you can showcase your commitment to personal and professional development. According to Forbes asking for feedback can be a key to success.

 Evaluate Your Goals and Responsibilities

Your goals and responsibilities serve as a guide to measure your performance during the review. Take the time to review the objectives you set at the beginning of the year and assess your progress towards achieving them. Identify any challenges you encountered and how you managed to overcome them. By demonstrating your ability to adapt and handle obstacles, you can showcase your resilience and problem-solving skills during the review.

Collaborate with Your Manager to Set Goals

Use your performance review as an opportunity to work with your manager in setting goals for the upcoming year. Discuss your professional aspirations and areas in which you would like to grow. By actively participating in the goal-setting process, you can demonstrate your commitment to personal and professional development. Additionally, having clearly defined goals can provide you with a roadmap for success and a sense of purpose in your work. Discuss your profess

Prepare for Constructive Feedback

Receiving constructive feedback is an integral part of the performance review process. While it can be challenging to hear areas for improvement, it is essential to approach feedback with an open mind. Instead of becoming defensive, view feedback as an opportunity for growth and learning. Be prepared to acknowledge any mistakes or areas where you can improve, and offer solutions or initiatives to address them. By demonstrating a willingness to learn and grow, you can show your dedication to continuous improvement.

Highlight Training and Skill Development

During your performance review, it is important to highlight any training you have undertaken or new skills you have acquired. Discuss how these new skills have benefited your work and contributed to your professional growth. By showcasing your commitment to learning and development, you can demonstrate your value as an employee and your willingness to adapt to evolving industry trends and challenges.

Organise Your Accomplishments

To effectively communicate your contributions during the performance review, it is crucial to organise your accomplishments in a clear and concise manner. Create a document or spreadsheet that outlines your achievements, including specific examples and measurable results. This will not only help you remember key details during the review but also provide tangible evidence of your impact on the organization.

Prepare Questions for Discussion

In addition to reviewing your own performance, it is important to come prepared with questions for your manager. Use this opportunity to gain clarity on any aspects of your role, team, or the organization that you are curious about. This shows your engagement and interest in the bigger picture, and can lead to valuable insights and opportunities for growth.

Dress Professionally and Arrive Prepared

On the day of your performance review, it is important to present yourself professionally and arrive prepared. Dress in appropriate attire that reflects the level of formality in your workplace. Bring a copy of your accomplishments document, as well as any other materials or notes that you feel might be helpful during the discussion. Being well-prepared will not only boost your confidence but also demonstrate your commitment to the review process.

Stay Positive and Open-Minded

During the performance review, it is crucial to maintain a positive and open-minded attitude. Approach the discussion with a willingness to listen, learn, and collaborate. Embrace feedback, whether positive or constructive, as an opportunity for growth. By demonstrating a positive and receptive attitude, you can create a productive and constructive atmosphere during the review.

How Marks Sattin can help you

Preparing for your year-end performance review is a valuable opportunity to reflect on your achievements, set goals, and receive feedback. By understanding the purpose of the review, reflecting on your contributions, seeking feedback from colleagues, and organizing your accomplishments, you can approach the review with confidence and make the most of this important conversation. Remember to stay positive, open-minded, and prepared, and use the review as a springboard for personal and professional growth.

As a specialist recruitment and executive search firm with over 30 years’ experience, we've helped many professionals find their next exciting opportunity, whether that's within global organisations or growing SMEs. Search for your next accounting or finance contract opportunity.


07/12/23
posts

Related articles

What's the latest on recruiting senior finance and accounting professionals?
What's the latest on recruiting senior finance and accounting professionals?

Teaser

Finance & Accounting

Content Type

General

25/04/24

Summary

Over the years, we have developed a strong reputation as a leading Senior Finance and Executive Search firm. We’re proud to have well-established teams of finance and accounting recruitment cons

Teaser

Our employment update for senior accounting and finance professionals.

Read full article
Neil Burton

by

Neil Burton

Neil Burton

by

Neil Burton

How technology is impacting the future of risk and compliance jobs
How technology is impacting the future of risk and compliance jobs

Teaser

Governance

Content Type

Fintech

18/04/24

Summary

The role of risk and compliance in financial services  As a sizeable, growing portion of the financial services sector, risk and compliance play a vital role in ensuring that firms conduct busine

Teaser

With no signs of slowing down, strong risk and compliance is now more important than ever.

Read full article
David Clamp

by

David Clamp

David Clamp

by

David Clamp

What does the future hold for private equity?
What does the future hold for private equity?

Teaser

Executive Search

Content Type

General

18/04/24

Summary

Private equity (PE) is a growing industry that has always attracted ambitious top talent due to its high risk/high gain capital investment. Pre-covid, we saw the global private equity industry b

Teaser

Learn about emerging private equity job opportunities and more.

Read full article
Tracey Alper

by

Tracey Alper

Tracey Alper

by

Tracey Alper

jobs

Related jobs

Interim Project Accountant

Salary:

£300 - £330 per day

Location:

Wakefield, West Yorkshire

Industry

Business Services

Qualification

Fully qualified

Market

Professional Services

Salary

£250 - £350

Job Discipline

Qualified Finance

Contract Type:

Contract

Description

I have an urgent requirement for an Interim Project Accountant to join my client based in Wakefield.

Reference

NH - 180113

Expiry Date

01/01/01

Niamh Hellewell Find out more
Head of Compliance

Salary:

Bonus + Benefits

Location:

City of London, London

Industry

Investment Banking & Capital Markets

Qualification

None specified

Market

Financial Services

Salary

£100,000 - £125,000

Job Discipline

Compliance

Contract Type:

Permanent

Description

A client of mine, a fast growing bank is looking for a Mandarin-speaking Head of Compliance to lead the function.

Reference

BBBH180219

Expiry Date

01/01/01

Muddasar Mahmood Find out more
Finance Assistant

Salary:

£120 - £125 per day

Location:

City of London, London

Industry

Consumer & Retail

Qualification

Part qualified

Market

Commerce & Industry

Salary

£100 - £150

Job Discipline

Part Qualified & Transactional Finance

Contract Type:

Contract

Description

Finance Assistant/PE backed events business/Temporary to permanent/Netsuite

Reference

ARH020524

Expiry Date

01/01/01

Aaron Howard

Author

Aaron Howard
Find out more
Tactical Buyer

Salary:

£28,000 - £32,000 per annum

Location:

Gloucester, Gloucestershire

Industry

Consumer & Retail

Qualification

None specified

Market

Commerce & Industry

Salary

£30,000 - £35,000

Job Discipline

Part Qualified & Transactional Finance

Contract Type:

Contract

Description

Marks Sattin have been engaged by a global leader in engineering and manufacturing to recruit two Buyers on interim 6-9 month contracts.

Reference

BBBH180160

Expiry Date

01/01/01

Ben   Neeamuthkhan Find out more
Purchasing Officer

Salary:

£30,000 - £35,000 per annum

Location:

Stockport, Greater Manchester

Industry

Business Services

Qualification

None specified

Market

Financial Services

Salary

£35,000 - £40,000

Job Discipline

Process Improvement

Contract Type:

Permanent

Description

Purchasing Officer Stockport £30,000 - £35,000

Reference

BBBH180207

Expiry Date

01/01/01

Terri Bishop

Author

Terri Bishop
Find out more
View all jobs