Performance Appraisal Process
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Questions and Answers

What may happen if you leave OIG within 12 months of OIG having paid or reimbursed you for the training and development expense?

  • You may be asked to reimburse OIG for all or part of the costs incurred (correct)
  • You will receive a bonus
  • You will receive a promotion
  • You will be disqualified from future training opportunities

    • OIG is committed to providing a safe work environment for all its employees, contractors, and clients.

    True

    What is the purpose of OIG's Workplace Health & Safety policy?

    To ensure the health, safety, and welfare of all its employees, contractors, clients, visitors, and other persons at its workplace

    OIG's CEO is responsible for the implementation and monitoring of the Workplace Health & Safety _______.

    <p>policy</p> Signup and view all the answers

    What is one of the objectives of OIG's Workplace Health & Safety policy?

    <p>To eliminate work-related injury and illness</p> Signup and view all the answers

    OIG does not have a policy for managing complaints from investors and clients.

    <p>False</p> Signup and view all the answers

    Match the following with OIG's commitments:

    <p>Minimising psychosocial risks in the workplace = Workplace Health &amp; Safety Providing equipment and substances which are safe and free from risks to health = Workplace Health &amp; Safety Reimbursing training and development expenses = Employee Training And Development Establishing measurable objectives and targets = Complaints Management</p> Signup and view all the answers

    OIG's Workplace Health & Safety policy will be reviewed on a regular basis to ensure that it is appropriately implemented and continues to improve our _______ performance.

    <p>WHS</p> Signup and view all the answers

    What is the purpose of OIG's Diversity and Inclusion Policy?

    <p>To support OIG's commitment to a diverse workforce and inclusive workplace</p> Signup and view all the answers

    OIG's values do not include diversity.

    <p>False</p> Signup and view all the answers

    What is the benefit of having a diverse and inclusive workplace according to OIG?

    <p>An attractive workplace for potential employees and clients, and an advantage when competing for talent and retaining talented people.</p> Signup and view all the answers

    OIG respects and values the diversity of its employees, clients, investors, and other _______________.

    <p>stakeholders</p> Signup and view all the answers

    Why is it necessary to identify, discourage, and prevent discrimination, harassment, bullying, or victimisation in the workplace?

    <p>To ensure a fair and merit-based workplace</p> Signup and view all the answers

    OIG's Diversity and Inclusion Policy does not provide a framework to support OIG's commitment to a diverse workforce and inclusive workplace.

    <p>False</p> Signup and view all the answers

    Match the following with the reasons why a diverse and inclusive workplace is attractive:

    <p>Potential employees = Attractive to potential employees and clients Clients = Attractive to potential employees and clients Talent = An advantage when competing for talent and retaining talented people Legislative obligations = Helps meet OIG's legislative obligations</p> Signup and view all the answers

    What should you do if you are unsure about appropriate dress code?

    <p>Speak with your Manager.</p> Signup and view all the answers

    What is the purpose of the probationary period at OIG?

    <p>To assess employee's ability to satisfactorily perform in the position</p> Signup and view all the answers

    OIG reserves the right to vary policies at its discretion from time to time to suit business circumstances.

    <p>True</p> Signup and view all the answers

    How many hours per week are OIG's ordinary working hours?

    <p>37.5</p> Signup and view all the answers

    During the probationary period, your performance will be closely ______________.

    <p>monitored</p> Signup and view all the answers

    Match the following with OIG's responsibilities during the probationary period:

    <p>Manager = To monitor performance and arrange confirmation with the Chief Financial Officer Chief Financial Officer = To confirm employee's appointment at the end of the probationary period Employee = To discuss any queries with their Manager</p> Signup and view all the answers

    What should you do if you have a query relating to a policy?

    <p>Discuss it with your Manager</p> Signup and view all the answers

    OIG does not welcome feedback on its policies and procedures.

    <p>False</p> Signup and view all the answers

    What is the maximum notice period during the probationary period?

    <p>one week</p> Signup and view all the answers

    What should be discussed during a performance review?

    <p>Achievements, areas for improvement, training &amp; development needs, and changes to the Agreement</p> Signup and view all the answers

    Performance management at OIG is a static process.

    <p>False</p> Signup and view all the answers

    What is the purpose of OIG's Training Policy?

    <p>To encourage and support employees in undertaking further education and training that will benefit their current or future employment at OIG</p> Signup and view all the answers

    If you do not agree with the results of your performance appraisal, you should speak to your ____________ and take some time to review and reflect on the feedback.

    <p>Manager</p> Signup and view all the answers

    What is the primary responsibility for ongoing education and professional development according to OIG's Training Policy?

    <p>Each employee's responsibility</p> Signup and view all the answers

    Match the following with their corresponding descriptions:

    <p>Performance Agreement = A document that outlines performance expectations and goals Performance Review = A discussion of achievements, areas for improvement, training &amp; development needs, and changes to the Agreement Training Policy = Recognizes ongoing education and professional development as primarily the responsibility of each employee</p> Signup and view all the answers

    Performance reviews at OIG should be conducted in an unprofessional manner.

    <p>False</p> Signup and view all the answers

    What should be allocated during a performance review?

    <p>Ample time</p> Signup and view all the answers

    What is the purpose of the performance management system?

    <p>To establish key result areas and targets for employees</p> Signup and view all the answers

    Leave applications can be submitted through a paper form.

    <p>False</p> Signup and view all the answers

    What is the frequency of performance reviews for all employees?

    <p>At least once a year</p> Signup and view all the answers

    According to the performance management system, employees are expected to take responsibility for their own ______________ by initiating discussions with their Manager regularly.

    <p>performance</p> Signup and view all the answers

    What is the purpose of the self-appraisal in the performance appraisal process?

    <p>To prepare a draft Performance Agreement for the coming year</p> Signup and view all the answers

    Match the following with the correct description:

    <p>Performance Management = To establish key result areas and targets for employees Leave Application = To request time off from work</p> Signup and view all the answers

    The performance appraisal process is a formal process.

    <p>False</p> Signup and view all the answers

    When should employees arrange a meeting with their Manager to discuss their performance?

    <p>In February each year</p> Signup and view all the answers

    Study Notes

    Performance Management

    • Performance Agreements should be in place by the end of March.
    • Reviews should discuss achievements, areas for improvement, training, and development needs.
    • If an employee disagrees with the results, they should speak to their Manager, and if necessary, Frank Tearle or Justin Epstein.

    Performance Reviews

    • Conducted in a professional manner with no interruptions and ample time allocated.
    • Objective specific examples should be cited to demonstrate a point.
    • Reviews should be constructive and positive, considering both strengths and areas for improvement.

    Training and Development

    • OIG encourages and supports employees' ongoing education and professional development.
    • OIG's Training Policy recognizes that education and development are primarily the responsibility of each employee.
    • OIG will support employees in their ongoing education and development.

    Diversity and Inclusion

    • OIG respects and values diversity among employees, clients, investors, and stakeholders.
    • OIG supports, encourages, and celebrates a diverse workforce and inclusive workplace.
    • Diversity and inclusion will help create an environment that reflects the community and enhances the organization.

    Workplace Health and Safety

    • OIG is committed to ensuring the health, safety, and welfare of all employees, contractors, clients, and visitors.
    • OIG will provide a safe work environment, minimize psychosocial risks, and provide equipment and substances that are safe and free from risks.

    Complaints Management

    • Investors and clients may complain about OIG's services and products.
    • No specific process mentioned for handling complaints.

    Leave

    • Leave applications must be completed through OIG's on-line employee services portal.
    • Applications will be promptly considered for approval, and once approved, payroll records will be automatically adjusted.

    Personal Progress

    • Performance management is a shared responsibility between employees and their Managers.
    • Employees are expected to take responsibility for their own performance and initiate discussions with their Manager regularly.

    Probation

    • New employees have a probationary period during which their ability to perform in the position will be assessed.
    • Managers are responsible for monitoring performance during the probationary period and arranging confirmation with the Chief Financial Officer at the end of the period.

    Hours of Work

    • OIG's ordinary working hours are 37.5 hours per week.

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    Related Documents

    One Investment Group Employee Handbook PDF 2024

    Description

    Learn about the performance appraisal process, including the importance of having a Performance Agreement, reviewing achievements and areas for improvement, and addressing any disagreements with the results.

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