five types of partner evaluations. bonus: partner self-evaluation and impact form.
by marc rosenberg
the classic purposes of a performance evaluation are:
- to improve performance.
- to clarify what is expected of the individual and what is needed to advance.
- to provide management with information to use in making promo-tion and compensation decisions.
more: twelve questions that prospective partners should ask | adding new partners: 19 reasons to choose between equity and non-equity | how partner buyouts work | what buying in actually means | how partner and staff actions impact profits | nuts and bolts of mentoring staff | nine ways to measure staff performance on the path to partner
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the need for performance evaluations applies to partners as well as staff. contrary to what many partners may feel, partners can and must continually improve their performance.
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