Startup Performance Review for New Zealand

Startup Performance Review Template for New Zealand

A comprehensive performance review document tailored for New Zealand startup environments, designed to evaluate employee performance while considering the unique challenges and opportunities present in startup organizations. This document complies with New Zealand employment law requirements, including the Employment Relations Act 2000 and Privacy Act 2020, while incorporating startup-specific metrics such as adaptability, innovation, and contribution to rapid growth. It provides a structured framework for assessing performance, setting objectives, and planning professional development in the context of a fast-paced, evolving startup environment.

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What is a Startup Performance Review?

The Startup Performance Review document serves as a critical tool for evaluating employee performance and development within New Zealand's startup ecosystem. It is specifically designed for use during formal performance review periods, typically conducted quarterly or bi-annually, and incorporates elements unique to startup operations such as rapid scaling, pivoting capabilities, and innovation metrics. This document ensures compliance with New Zealand employment legislation while addressing the dynamic nature of startup roles and responsibilities. It includes sections for objective setting, performance evaluation, skill development tracking, and alignment with company growth objectives. The review framework is particularly valuable for startups in growth phases where clear performance metrics and development paths need to be established while maintaining the flexibility characteristic of startup environments.

What sections should be included in a Startup Performance Review?

1. Parties: Identification of the employee being reviewed and the reviewing manager(s)

2. Background: Context of the review, including review period, employee's role, and any significant changes in responsibilities during the period

3. Definitions: Key terms used in the review process, including performance metrics, rating scales, and startup-specific terminology

4. Performance Metrics Overview: Summary of key performance indicators and objectives set for the review period

5. Core Competencies Assessment: Evaluation of fundamental skills and behaviors required for the role

6. Goals Achievement Review: Assessment of progress against previously set objectives and targets

7. Startup Impact Analysis: Evaluation of contribution to company growth, innovation, and startup objectives

8. Development and Growth: Discussion of professional development progress and future growth opportunities

9. Action Items and Future Objectives: Agreed-upon next steps, new goals, and development plans

10. Acknowledgment and Signatures: Formal acknowledgment of the review by both parties

What sections are optional to include in a Startup Performance Review?

1. Peer Feedback Summary: Include when 360-degree feedback is part of the review process

2. Project-Specific Evaluation: Include for employees involved in specific key projects during the review period

3. Leadership Assessment: Include for employees in or being considered for leadership positions

4. Equity/Stock Options Review: Include when equity or stock options are part of the compensation structure

5. Remote Work Performance: Include for employees working remotely or in hybrid arrangements

6. Cross-functional Contribution: Include for employees working across multiple teams or departments

7. Innovation Metrics: Include for roles specifically focused on product development or innovation

What schedules should be included in a Startup Performance Review?

1. Schedule A - Performance Metrics Detail: Detailed breakdown of performance metrics and scoring criteria

2. Schedule B - Goal Setting Framework: Template and guidelines for setting SMART goals for the next period

3. Schedule C - Skill Matrix: Comprehensive skill assessment matrix specific to the role

4. Schedule D - Development Plan Template: Structured template for recording agreed development activities

5. Appendix 1 - Previous Review Summary: Summary of key points from the last performance review

6. Appendix 2 - Company OKRs Reference: Current company objectives and key results for context

7. Appendix 3 - Compensation Review Form: If applicable, form for documenting any compensation-related decisions

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

New Zealand

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Technology

Software Development

Fintech

Biotech

E-commerce

Digital Media

Clean Technology

Healthcare Technology

Artificial Intelligence

SaaS

Mobile Applications

Educational Technology

Agritech

Consumer Internet

Deep Tech

Relevant Teams

Product Development

Engineering

Design

Marketing

Sales

Customer Success

Operations

Research and Development

Data Analytics

Growth

Innovation

Technical Support

Quality Assurance

User Experience

Business Development

Relevant Roles

Founder

Co-founder

Chief Executive Officer

Chief Technology Officer

Product Manager

Software Engineer

UX/UI Designer

Data Scientist

Growth Hacker

Digital Marketing Manager

Business Development Representative

Customer Success Manager

Full Stack Developer

DevOps Engineer

Content Strategist

Operations Manager

Product Owner

Scrum Master

Sales Development Representative

Technical Lead

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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