Should I conduct regular performance reviews?

We believe that it is vital performance reviews (as distinct from salary reviews) are carried out regularly, and at least on an annual basis. Regular performance reviews identify employees who may require performance management and assistance, as well as give the employees the opportunity of providing feedback regarding their role.

This information gives insight into company morale, as well as information that can be used when considering any restructuring/ future staffing needs. Salary reviews also an be tied into performance reviews.