The Senior Executive Performance Review Template serves as a crucial tool for Australian organizations to conduct thorough and compliant performance evaluations of their senior leadership team. This document is specifically designed for use in annual or bi-annual reviews of executives, ensuring alignment with Australian corporate governance requirements and employment legislation. It provides a structured approach to assessing executive performance against predetermined metrics, strategic objectives, and leadership competencies. The template includes sections for documenting achievements, areas for development, and future goals, while maintaining compliance with the Fair Work Act 2009 and other relevant Australian regulations. It is particularly valuable for organizations seeking to maintain consistent and fair evaluation practices across their executive team while documenting performance-related decisions that may impact remuneration and career progression.
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1. Introduction: Purpose of the performance review and its alignment with organizational objectives
2. Executive Information: Details of the executive being reviewed, their role, department, and reporting relationships
3. Review Period: Timeframe covered by the performance review and frequency of assessment
4. Performance Metrics: Key performance indicators (KPIs) and objectives against which performance is measured
5. Leadership Competencies: Assessment of leadership capabilities, including people management and strategic thinking
6. Business Outcomes: Evaluation of achieved business results and financial performance metrics
7. Stakeholder Management: Assessment of relationships with key stakeholders, board members, and other executives
8. Development Goals: Future-focused development objectives and career progression plans
9. Overall Rating: Comprehensive performance rating with justification
10. Review Acknowledgment: Signatures and comments section for both reviewer and executive
1. 360-Degree Feedback: Incorporation of feedback from peers, subordinates, and other stakeholders
2. Risk Management: Assessment of risk management capabilities and compliance adherence
3. Innovation and Change Management: Evaluation of contribution to organizational innovation and change initiatives
4. ESG Objectives: Assessment of environmental, social, and governance responsibilities
5. Cultural Leadership: Evaluation of contribution to organizational culture and values
6. Market Analysis: Review of market knowledge and external business environment understanding
7. Succession Planning: Assessment of succession planning and talent development initiatives
1. Schedule A - Performance Rating Scale: Detailed description of performance rating criteria and scoring methodology
2. Schedule B - KPI Definitions: Detailed definitions and calculation methods for each KPI
3. Schedule C - Leadership Competency Framework: Detailed framework for assessing leadership capabilities
4. Schedule D - Bonus Calculation Matrix: Framework for determining performance-based compensation
5. Appendix 1 - Development Resources: List of available leadership development resources and programs
6. Appendix 2 - Previous Review Summary: Summary of previous performance review outcomes and progress
7. Appendix 3 - Strategic Objectives: Organization's strategic objectives relevant to the review period
Relevant legal definitions
Assessment Period
Base Salary
Board
Business Objectives
Company
Competency Framework
Core Values
Development Goals
Executive
Group
Key Performance Indicators (KPIs)
Leadership Competencies
Long-term Incentives (LTI)
Performance Rating
Performance Metrics
Rating Scale
Review Date
Reviewer
Short-term Incentives (STI)
Strategic Objectives
Stretch Targets
Threshold Performance
Target Performance
Variable Remuneration
Performance Improvement Plan
Balanced Scorecard
360-Degree Feedback
Succession Plan
Reporting Period
Material Business Risk
Performance Outcomes
Stakeholders
ESG Metrics
Remuneration Package
Peer Review
Base Salary
Board
Business Objectives
Company
Competency Framework
Core Values
Development Goals
Executive
Group
Key Performance Indicators (KPIs)
Leadership Competencies
Long-term Incentives (LTI)
Performance Rating
Performance Metrics
Rating Scale
Review Date
Reviewer
Short-term Incentives (STI)
Strategic Objectives
Stretch Targets
Threshold Performance
Target Performance
Variable Remuneration
Performance Improvement Plan
Balanced Scorecard
360-Degree Feedback
Succession Plan
Reporting Period
Material Business Risk
Performance Outcomes
Stakeholders
ESG Metrics
Remuneration Package
Peer Review
Clauses
Performance Criteria
Review Process
Rating Methodology
Confidentiality
Data Protection
Dispute Resolution
Review Frequency
Performance Metrics
Leadership Assessment
Business Outcomes
Strategic Alignment
Stakeholder Management
Risk Management
Compliance Requirements
Development Planning
Compensation Review
Feedback Process
Documentation Requirements
Appeal Process
Goal Setting
Performance Consequences
Incentive Calculations
Review Timeline
Amendment Process
Signature Requirements
Record Keeping
Fair Treatment
Anti-Discrimination
Governance Standards
Regulatory Compliance
Review Process
Rating Methodology
Confidentiality
Data Protection
Dispute Resolution
Review Frequency
Performance Metrics
Leadership Assessment
Business Outcomes
Strategic Alignment
Stakeholder Management
Risk Management
Compliance Requirements
Development Planning
Compensation Review
Feedback Process
Documentation Requirements
Appeal Process
Goal Setting
Performance Consequences
Incentive Calculations
Review Timeline
Amendment Process
Signature Requirements
Record Keeping
Fair Treatment
Anti-Discrimination
Governance Standards
Regulatory Compliance
Relevant Industries
Financial Services
Mining and Resources
Technology
Healthcare
Retail
Manufacturing
Professional Services
Education
Government
Telecommunications
Energy
Construction
Transport and Logistics
Media and Entertainment
Relevant Teams
Human Resources
Legal
Board Secretariat
Executive Office
Talent Management
Compensation and Benefits
Corporate Governance
Risk and Compliance
People and Culture
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
Chief Technology Officer
Chief Marketing Officer
Managing Director
Executive Director
General Manager
Regional Director
Division Head
Vice President
Executive Vice President
Group Executive
Head of Department
Senior Vice President
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