Performance review - include cost savings?

[illmonkey]

Over the last year, a few changes we've made because of me have saved the firm a fair bit of cash. Is it worth including on my review, to make it clear to management? Contract changes etc are the main ones.

My immediate boss may know, but doesn't mean it'll go higher.

[eltawater]

Absolutely, under the heading of "Realising efficiency benefits" or something similar.
It highlights that you've been responsible for offsetting your own salary cost against a massive saving elsewhere for the business, which can only be a good thing overall.

[Marcellus]

My whole function had that as their #1 target, come tough times it saw the company through a lot of troubled times and the headcount was never questioned.

So yes certainly include it, to get cost reductions through a business shows a lot of skills and small changes can have massive benefits, depending on the market you're in.

[Tango13]

Definitely!!

Don't just focus on £££ saved, mention any time saved or stock/work in progress, reduced scrap or if it has simplified any processes.

A case in point, where I used to work I discovered one of our CNC mills has its' M94 function activated so I spent 10 mins reprogramming the job to take advantage of it and reduced a cycle time from 150 seconds to 90 saving nearly 10 hours on that job.

A few weeks later I wanted a very specialised micrometer so asked if the company would let me pay for it over two months and if they could swallow the VAT, I paid the first half and then they 'forgot' to take the rest