Many organizations worldwide perform an annual activity of ranking, rating, and evaluating their employees. This is essential for companies because they can identify their best-performing employees.
As an employee of a reputable company, performance evaluation is most likely a nightmare. It can make you anxious to know your performance results. It’s like waiting for your school exam results.
According to the survey, many employers and employees dislike performance appraisal. They see it as a waste of time and can prove to be a demotivated.
The essence of the performance appraisal is to improve the company’s productivity. It utilizes data visualization to obtain performance insights.
This is where a performance chart for employees comes in. It is effective in visualizing performance-related information.
This blog will help you learn about a performance chart for employees and how you can create one.
Without wasting much time, let’s get you started.
A Performance Chart is a visualization that uses legends and boxes of different colors to display in-depth insights into organizational operations such as employee evaluation.
You can use this chart to show how your business uses human capital productivity to maximize its performance. You can also use it to compare the performance of two employees.
Essentially, each team member in your business or organization can view and understand their rating and performance.
A performance appraisal can help you stay factual, transparent, and objective as an employer or employee. This tool is not a respecter of persons. Yes, you read that right.
Experts who conduct performance appraisals use a Performance Chart, such as a Radar Chart, in their analysis. They come up with various performance chart ideas.
If you are a performance appraisal expert, you can use a Performance Chart to visualize formal and informal feedback based on performance appraisal.
Excel is an excellent spreadsheet application that many of you would go for. As a business owner, you have used Excel in your various business analyses more than often.
You can use Excel best by supercharging it with a third-party add-in called ChartExpo. With it, you can access advanced charts and graphs, such as Performance Charts for employees.
Why ChartExpo?
This third-party add-in is remarkably simple, as you can easily install it in your Excel in seconds. You don’t need to watch tutorials or use a manual to learn how to use it.
ChartExpo has multiple visualizations that can turn your complex raw data into easy-to-digest visuals. This can help you easily view and communicate insights to your target audience.
Let’s use a practical example to create a Performance Chart with ChartExpo.
Let’s assume you want to analyze your business’s overall productivity. In your business, you have a team of 8 sales executives.
You want to know their performance and contribution to your business’ sales revenue. Let’s assume you collected the data in a table, as shown below.
Employees | Sales |
Alexandra | 56 |
Carolyn | 76 |
Kylie | 73 |
Brian | 36 |
Jones | 90 |
Mitchell | 90 |
Miller | 66 |
Paul | 29 |
To get started with ChartExpo, install ChartExpo in Excel from this link.
Follow this easy guide to create a Performance Bar Chart.
To get started with ChartExpo in Excel, follow the steps below:
Your employee Performance Graph will appear as shown below.
Let’s show you how to edit so you can clearly view the insights.
In the following video, you’ll learn how to Create a Performance Bar Chart in Google Sheets.
A Performance Chart appears as a bar subdivided into different sections. Each section has a different color and contains an employee’s name with their performance score. Utilizing skills matrix templates can further enhance this process by clearly outlining the competencies and performance expectations for each role.
To change the perception of your staff, you have to provide hard evidence that displays their productivity. As an employer, you could be more anxious about performance appraisal results than your employees.
Why is this so?
Preparing for a performance review is not a walk in the park. A performance appraisal involves lots of planning, such as getting every employee on board.
Your organization seems to be in panic, anxiety, and tension during this period. This is because many are worried about the results from the fear they didn’t perform as expected.
This performance review process does not have to be awkward and stale. You can use innovative data visualizations, such as a Clustered Stacked Bar Chart or a Performance Chart. These tools will inspire an attitude of growth and positive change in the next appraisal.
A Performance Chart is not meant to discourage employers and employees. It should signal that you need to improve in the next period to maximize the organization’s productivity.
A Performance Chart can help your organization in the following ways:
A Performance Chart helps you reveal various obstacles affecting your business’s overall productivity. With this in mind, you can identify challenges, such as underperforming workers, and motivate them to increase their efforts to improve their performance.
Also, your employees can be dealing with challenges such as stress which can derail their performance. You can use a Performance Chart to identify obstacles and implement programs that benefit such employees.
You can use a Performance Chart to report sales if you have a working team that works on commissions, such as sales executives.
The commission-based team can evaluate their performance which can be a motivator to improve their sales. It will also enhance competition as every team member wants to earn more commissions and get ranked the highest performer.
A Performance Chart helps you evaluate your employees and identify the best performer in your organization. The chart is simple to interpret, and you can easily see the best performance.
You can also be interested in knowing the worst performers in the annual review. A Performance Chart can help you easily identify individuals with the lowest performance.
You can reward the best performers and motivate the lowest performers to improve in the next period.
A Performance Chart is a visual design you can use to evaluate the performance of your employees and other metrics in your business.
The chart uses colored boxes in a horizontal bar to show the performance of various metrics. It makes it easy for you to interpret results.
You will use the Performance Chart for employees to visualize performance data. You can use it in the performance appraisal of employees in your workplace.
One of the advantages of this chart is that you can see the best-performing employees. It displays the performance score for each individual.
Let’s recap.
Performance reviews in every company should be a smooth process.
Yes, you read that right.
It should be accompanied by a Performance Chart that quickly communicates insights precisely.
The blog focused on the Performance Chart for employees and its essential benefits.
You have understood the Performance Chart and how to create one in Excel.
You have learned that in creating a Performance Chart for your organization, you need to supercharge your Excel with a third-party add-in called ChartExpo.
You have learned about the various benefits of ChartExpo, such as access to numerous advanced charts. You can easily access an incredible Performance Bar Chart from its library.
You have also learned how to make a Performance Chart using simple steps from the example.
The ball is now in your court. Sign up for a 7-day free trial today with ChartExpo to access a Performance Chart for your business.