I'm about to embark on (late) 6 month reviews with the team.
I've listened to all four Performance Appraisals podcasts and am planning on re-structuring the appraisal system to follow M&M's structure.
However I have two issues;
a) All of my team are performing 'OK'. Nothing bad and nothing particulalrly 'wow', just 'fine'. I dont want to have a core message of 'Keep up what you're doing' as that sounds wishy washy. Any suggestions?.
b) The business, whilst still very profitable, is down year-on-year by around 10%. At new year appraisals I told the team that there would be no pay rise due to reduced company performance last year (we have had annual increases every year previously) but that it would be reviewed in 6months (ie now). They are all performing as per their job description and thus could argue they are doing what is asked of them so 'where's the increase in pay?' I have one guy in particular who we dont pay that well who keeps asking about money in his O3.
Adding additional cost, through pay rises, onto a reducing bottom line doesnt make business sense, but I sense the negative motivational issues that will arise if it's still no rise.