If you set your accounting team’s annual goals back in January, now is the midpoint to assess how close they are to reaching them by the end of the year. Now is the opportune time to figure out who is on track and address any areas that need improvement, since there’s six months left to make a difference. Determine where your accounting team stands with these tips for conducting effective annual reviews.

Determine Specific Criteria

Make more objective assessments of your team by prioritizing the traits or results that are the most important for them to exhibit to be successful in the short and long terms. This will help you focus the reviews to see which accountants are actually meeting the company’s needs and have potential for continued success. By having specific criteria, you are also evaluating all your accountants in the same standardized manner and preventing any subconscious bias.

Ask for Feedback from Others

As a manager, you are likely to be somewhat removed from the day-to-day happenings of your accounting team. Gain a more well-rounded view of where they stand by soliciting feedback from others who have a different, and likely closer, perspective to your accountants’ work performances. Ask co-workers or other colleagues for their feedback on individual accountants they may work closely with, as well as self-evaluations from the employees themselves.

Start a Candid, Constructive Dialogue

Once you’ve completed your information gathering and made your personal assessments of your accounting team, deliver it to the individuals in a way that shows you want to encourage them to grow and not just judge them. Avoid reading over a checklist and having them sit and listen. Instead, make it a conversation. State your thoughts and then ask for their input along the way. Don’t focus on “grading” them, so much as making a plan for the future based on current performance findings.

Make Expectations Clear

The end goal of employee evaluations should be for each member of your accounting team to walk away knowing exactly where they need to go from there. For improvements that need to be made, discuss how you will measure progress and the timelines they need to meet, as well as any consequences that will occur if not followed through. This direct manner can actually be comforting, even after a bad review, because they’re not left to fret about how to prove themselves to you.

Have employee evaluations opened your eyes to some new hiring needs? Find top accounting employees to join your team with Mark/Ryan Associates, Ltd. Our founders and staffing specialists bring 100 years of cumulative experience in accounting, finance, and administrative staffing, and will make informed evaluations in order to bring you the top temporary employees or direct hires in the Chicagoland area. Contact us online or give us a call at 847-240-9100 to learn more about how our specialists can assist you with accounting staffing solutions.Better Talent Faster Hires

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