Use this step by step explanation to craft a good employee performance feedback review for a senior cost analyst. Find the right words with quality phrases.

A senior cost analyst is assigned the responsibility of analyzing, monitoring and controlling all company expenses. He or she will ensure that the company operates in the right way when it comes to its revenues and expenditures thus avoiding any wastage. In addition, they will perform auditing of financial records and facilitate training of company employees on financial issues.

Besides that major responsibility, he or she will handle the following duties; perform cost-benefit analysis, assist in budget preparations, prepare company's financial statements and reports, manage pricing , inventory systems and data quality, recommend improvements, undertake financial projections, identify financial opportunities and risks, determine product costs and develop standard cost.

Employee Performance Review Sample

Employee's Name: Title:
Review Period: __/__/__ to __/__/__ Employee SSN:
Work Location: Supervisor's Name:

Instructions

  1. Rating: Rate the employee against the core skills based on how well he/she demonstrates each skill. Give scores 1, 2, or 3 for each rating depending on the employee's performance.
  2. Comments: Use this area to give examples of employee's performance phrases. The phrases should describe how well an employee has performed on previously set goals based on the given core skill.
  3. Summary: Use this section to give a summary of the employee's strengths and areas for improvement or development. Recommend a step increase for an employee who has met the expectations and performance improvement plans for one who doesn't meet expectations.
  4. Human Resources Review: Human resources manager must examine and indicate whether he/she concurs with the evaluation and comments. If the manager agrees, then he/she must sign the evaluation form. If he/she doesn't concur, then he/she must provide reasons explaining why this is so.
  5. Signatures: Sign the evaluation form and give it to the employee to go through and answer the Self Evaluation Questions. Ask him/her to sign and date the evaluation form before giving it back to the human resources for filing.

Rating Meaning

The employee fails to perform the most important aspects of the job satisfactorily. Requires close guidance to carry out routine jobs. He/she needs significant improvement in all areas. Meetings should be held between the employee and the supervisor to discuss performance deficiencies.

1

Employee routinely meets and exceeds expectations in all areas of responsibility. Produces high-quality work that at times exceeds expectations. Consistently meets the most critical annual goals. Occasionally produces timely and accurate results.

2

The employee consistently and significantly exceeds the communicated expectations by producing exceptionally high-quality work. He/she demonstrates exceptional knowledge of his/her duties and is highly recognized by others as an authority in his/her area of work.

3

Supervisor's Feedback

Skill

Comments

Rating

WRITING SKILLS: Written Communication involves the interaction that makes use of the written word with precision and logic making it the very common form of business communication.

Reads widely to come up with new exciting words and writing styles.

Shows good critical thinking abilities when writing for different contents.

2

LISTENING SKILLS: Listening Skills are a practical ability to accurately receive and interpret messages you receive during the communication process to ensure flow and accuracy are maintained.

Asserts opinions, views, and ideas respectfully and appropriately to the relevant audience.

Repeats what the other person was saying to ensure the information is taken correctly.

2

OFFICE POLITICS: Office Politics is a tool that assesses the operational capacity to balance diverse views of the interested parties of the human interactions that involve power and authority.

Stays productive and committed to own tasks in order to be less available for fruitless discussions

Treats everyone in a professional manner and encourages other members of the team to respect each other

2

DELEGATION: Delegation is assigning responsibility or authority to another person a junior or subordinate to carry out specific activities while remaining accountable for the outcome.

Takes the time to learn employees' strengths and weaknesses and delegates tasks to whoever has the largest number of relevant skills for that task

Asks the person assigned the task to paraphrase the assignment or request in their own words to make sure that they understand what they are supposed to do

2

MANAGEMENT SKILLS: Management Skills are also known as leadership skills and involve planning, decision making, delegation, time management and time management to ensure optimum organization in focus and the technical of how and why of accomplishing tasks.

Highly responsible with the staff always informed what is happening in their professional and personal life

Appropriately distributes the resources depending on the priority of the projects

2

PERSONAL GROWTH: Personal Growth is the improvement of one's awareness, identity, developing talents and potential to facilitate the growth of oneself and the position they handle at the workplace.

Ability to lead others in setting personal goals that all result in accomplishing the company goals

Listens to the counsel of the management and coworkers and adjusts where there is need

2

EMPATHY: Empathy is the understanding of another person's condition from their perspective by placing yourself in their shoes and feeling what they are feeling.

Leverages diversity; creates opportunities through different kinds of people and relates well to everyone, regardless of their background

Is able to navigate company's relationships effectively and achieve what other colleagues may previously have failed

3

SEEING POTENTIAL PROBLEMS: Seeing Potential Problems is the ability to structure the current situations and identify developments that could cause problems in the future.

Trains every member of the team on good time estimation skills in order to maintain accurate schedules

Sits down with the management team every time something new is added to the project in order to determine its verdict

2

LONG RANGE PLANNING: Long Range Planning is setting long-term goals and objectives for your business or project to ensure its growth and sustainability is reached by all the employees.

Asks team leaders to report how their teams contribute to the mission and which mission-related goals could make the teams more effective

Foresees situations that may break the ongoing strategies and deals with them before they actually happen

2

DIVERSITY AWARENESS: Diversity Awareness is the understanding that people are different and unique in their particular way and respecting their uniqueness.

Encourages the management to address acts of discrimination, bias and prejudice

Shows willingness to accept feedback, learn, and listen to concerns of others

2

Self Evaluation

Self Evaluation Question

Employee Comments

WRITING SKILLS:

Do you normally counter check your work for grammatical errors before submitting?

How many languages can you comfortably use in your writing?

[employee comments]
LISTENING SKILLS:

Give an instance that you have been defensive during a conversation. How did it turn out?

Do you always seek for clarification on issues you do not understand when conversing with someone?

[employee comments]
OFFICE POLITICS:

How would you respond to a colleague who sends you a provocative email? Is there a time when this has happened to you?

How would you rate your ability to work with others?

[employee comments]
DELEGATION:

Describe a time when you have had to deal with an employee who was not following your instructions on an assigned project. How did you go about it?

Would you train a new employee to perform a certain task for you or would you prefer an employee who already has the required skills to handle the task? Why?

[employee comments]
MANAGEMENT SKILLS:

How do employees and supervisors respond to your leadership skills?

What are the most important values you demonstrate as a leader?

[employee comments]
PERSONAL GROWTH:

Do you consider the requirements carefully before handling any task?

Do you find it hard to work with the management in certain areas?

[employee comments]
EMPATHY:

Can you think of a time when you had to deliver less than ideal news? How did you go about it?

Have you ever decided to delay presenting some information to a colleague because you felt the timing was not right?

[employee comments]
SEEING POTENTIAL PROBLEMS:

Describe a time when you have been able to see a huge future problem. What made this possible and how did solve it?

When hiring employees, how do you make sure that they are the best fit for the position at hand?

[employee comments]
LONG RANGE PLANNING:

Describe a time when you have had a hard time accomplishing your long-range plan. What was the problem and how did you solve it?

How have you helped your team members meet their long-term goals? How has this benefited the company at large?

[employee comments]
DIVERSITY AWARENESS:

Have you participated in events that are diversity-related and what efforts are you making to promote them?

What are some of the things you are doing to discourage harassment and bullying of people with diverse views?

[employee comments]

Summary

Sections 1-4: To be completed by the supervisor

Section 5: To be completed by the employee

1. Exceeds Job Related Expectations

2. Areas to improve

3. Goals completed since last performance feedback

4. Goals for next period

5. Employee comments

Signatures

I acknowledge that I discussed this performance feedback with my supervisor. My signature does not mean that I agree or disagree with this appraisal.
Employee: Date:
Supervisor: Date:
Human Resources: Date:

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