Pulse June 2019 | Page 64

snaPshot survey WITH MORE THAN 37,000 UNSTAFFED POSITIONS throughout the u.S. spa industry alone, it’s more critical than ever to properly assess and reward one’s employees. accordingly, the march Snapshot Survey asked respondents about their performance review practices, as well as how they recognize employee excellence. notably, day spas and resort/hotel spas often diverged on how they implement performance reviews. Just under half of day spas conduct annual reviews, but more than four of every five resort/hotel spas conduct theirs annually. resource partners were the least likely to offer any sort of formal performance review, with 23 percent of respondents stating that they didn’t conduct reviews at all. a ratings scale was the most common way that performance was evaluated, with 56 percent of all spas using that method. resort/hotel spas were far more likely to use competency-based evaluations (48 percent) than day spas, and day spas were far more likely than resort/hotel spas to use 360-degree-feedback that incorporates feedback from peers. across the board, 15 percent of spa respondents do not train supervisors on how to conduct a performance review. forty-nine percent of all spa respondents felt their company’s review process is dated; this sentiment was stronger among resort/hotel spas than day spas. Lastly, only a third of spas surveyed use a software or service to track and manage performance reviews and employee goals. Does your company set goals for each individual employee? HOW DO YOU RECOGNIZE HIGH- PERFORMING EMPLOYEES? “We have two recognition programs; one from peer-to-peer and one manager-to-employee. Peer-to-peer is placed in a box and each month there is a drawing for prizes.” “Quarterly and annual awards ceremonies. We also give gift cards for 5-star reviews that mention a specific name.” “We have an employee-of-the-month award. all staff are invited to nominate. The winner receives a monetary reward, plaque and is recognized in our monthly magazine. “Monthly reception for employees who have generated ‘WOW’ stories.” 62 PULSE ■ jUnE 2019