The Annual Review document is a critical tool in Hong Kong's corporate environment, designed to facilitate structured performance evaluations while adhering to local employment laws and regulations. It is typically used at the end of each financial or calendar year to assess employee performance, document achievements, identify areas for improvement, and set new objectives. The document incorporates elements required by Hong Kong's Employment Ordinance and considers local business customs and practices. It serves multiple purposes: providing formal documentation of performance discussions, supporting compensation decisions, identifying training needs, and creating a record of career development plans. The Annual Review is particularly important in Hong Kong's achievement-oriented business culture, where clear performance metrics and documented feedback are essential for career progression and employee development.
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1. Employee and Reviewer Information: Basic details including employee name, position, department, reviewer name(s), and review period
2. Review Summary: Overall performance rating and brief executive summary of the employee's performance during the review period
3. Performance Objectives Review: Assessment of achievement against previously set objectives and KPIs
4. Core Competencies Evaluation: Assessment of key competencies required for the role
5. Major Achievements: Significant accomplishments and contributions during the review period
6. Areas for Development: Identified areas where improvement is needed
7. Future Objectives: New objectives and targets for the upcoming review period
8. Training and Development Plan: Proposed training, development activities, and career progression plans
9. Employee Comments: Space for employee feedback and comments on the review
10. Acknowledgment and Signatures: Formal acknowledgment of the review by both parties with dates
1. Salary Review: Details of any salary adjustments or bonus recommendations - include when compensation review is part of the annual review process
2. Project-Specific Performance: Detailed evaluation of specific project work - include for project-based roles
3. Leadership Assessment: Evaluation of leadership capabilities - include for management positions
4. Technical Skills Assessment: Detailed review of technical competencies - include for technical roles
5. Client/Stakeholder Feedback: Summary of feedback from key stakeholders - include for client-facing roles
6. Team Feedback: Compilation of peer reviews and 360-degree feedback - include when such feedback system exists
1. Performance Metrics Schedule: Detailed quantitative performance data and KPI achievements
2. Competency Framework: Company's competency framework used for the evaluation
3. Development Plan Detail: Detailed training and development plan with timeline and resources
4. Previous Review Summary: Summary of last review's objectives and achievements for comparison
5. Self-Assessment Form: Employee's self-evaluation form completed prior to the review
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