Businesses don’t take into account that not so positive reviews can cost them money. They can also harm the firm in other ways that might not be tied to the bottom line, but still take a toll.

There are a number of reasons a colleague might give his or her peer a negative review. It might be because that individual is good at his or her job, but has a very unpleasant personality. Another reason could be that he or she has consistently low morale, and doesn’t seem to care about the job at all.

If the way the employee is acting is a recent phenomenon, then it may be that the person is dealing with a problem in his or her personal life. However, if this individual has been the subject of numerous bad employee reviews, it’s past time to figure out how to deal with the issue.

A negative employee review is a reflection of what’s happening at the company. It is a warning sign that something is broken and desperately needs to be fixed.

His or her colleagues have to step in to pick up the slack. In turn, they will feel overworked and stressed because they are doing the job of more than one person. Furthermore, when that person left, he or she took a store of knowledge that was specific to that role.

When you replace that employee, it costs you time you might have spent doing something else. Instead of fulfilling the firm’s goals, you’re writing and posting ads seeking a replacement, reviewing resumes and interviewing candidates.

The solution to bad employee reviews is not to keep the individual in his or her position at all costs. Rather, when a manager comes across such an evaluation, he or she should make every effort to counsel, coach and correct. In the long run, retaining an employee is cheaper than hiring a new one.

Grapevine Evaluations’ 360 Degree Feedback is your go-to tool for performing employee reviews. It is a web-based system which offers customizable questions. Furthermore, it’s easy for HR users to create, manage, distribute and track evaluations. Managers can view results in real time. Call Grapevine Evaluations today at 1-866-385-1425 to learn how 360 Degree Feedback can help your organization.